There are 250 million registered cars in the USA. That number is growing and it appears our rig count is dwindling but the supply is really great. Maybe Chevron should just buy oil for a while and stop drilling . Because downstream is sizzling.
If I may retort,.This company has no debt and has a reasonable P/E. and just increased its dividend by17% hardly a sign its overpriced and Xmas sales will be good.I can't predict mondays earnings only to say MA earnings were up. I sold puts maybe you bot mine. I would not be short V going into the holidays.
This stock I predict will be between 15 and 16 until earnings the street is looking for about .22 of earnings. With a trifecta " good earnings ,good revs ,and a good conference call we could get 17. However they don't call the CEo the squirrel for nothing . So the conference call could be squirrely. In that case all bets are off
It really doesn't matter too much if they raise a quarterpoint.Home buyers willbe panicked into buying before the next raise. Rents are high and they are wasting money paying rents..Earnings inthree weeks should be terrific hiting a trifecta top, bottom and good cc.,
Sentiment: Strong Buy
At 8 am Friday I recorded the prices of about four home building stocks dhi was31.26 closed 31.01 ,LEn was .53.94 closed clsed at 53.45 KBH was 15.13 closed at 15.03 ,Xhb 37.81 closed at 37.27 . So you can see these stocks ared bottoming and were not hurt as much as other categories.. IF we have boiunce monday it should be big for the home builders.
I think WE had a big short covering at the open. SOme day traders sold about midday and took profits and it quieted down you may see 17 before Friday . On more short covering .look at the 17 sept call bought today.
Sentiment: Strong Buy
Actually the jump this morning was panic buying by bag holder shorts trying to get out of their positions.
THe capitalization of this company dropped when it dropped 20% on Friday. If you multipy the shares outstanding by the the share price you get the approximate capitalization . Wellit was about 684 million now 555 million.So I guess its over sold. THe scuttling of one of the top sellers ,5 buck value meal ,not the only management mistake but it is the one thats talked about. So it looks like it will wobble around and finally gain footing after its dead money for a while. Ireally don't see any advantage in shorting it here. The good news is year over year expectations were not changed.
When you read carefully this was abig management mistake they discontinued the 5 buck combo meal which was very popular. Why ?reason it was probably they weren't making too much on but still it was top seller. So they reinstated it and announced that earningsyearover year over year will hold .IF you have a menu item that is very popular you remove it? After they took it off I never came back. Greed and poor judgement. It's back
Just be glad they have thin afloat (38 million shares )outstanding so you can get a bargain like this. Ithink this is near the low the p/e is now around 12. I think the big money for the shorts has been made. WHo knows sure wait it out it should be back over 20 in several months .But right now its dead money THis stock did beat onthe bottom line but revs were short by 3,5 million. Ithink it was choice buying here
WEll .18 is the number analysts are calling for. Here are questions they say people want healthier cuisine. They say polultry prices are going up some kind of bird flu. WIllthat have an effect/? lower gas prices? will they help? how many new store openings will add revenue? and for all you folllowers of LOCO there are only 38 million shares outstanding and why do you think CMG moved up they have only 31 million shares. A small float can distort perceptions quickly. Loco has 14 P/e and CmG has a 45 p/e. Maybe this willturn out to be a poor mans CMG IF they hit the trifecta look for big move up if they stumble on any of the numbers its going down. Hasn't loco beat the street the last 4quarters?
Earnings I haven't a a clue .Zacks thinks they will be good. Red robin got killed while Shake shake did well LOCO sports a 15 p/e.If they hit a trifecta this stock could go over 20 easily good top and bottom lines ,good cc .Stay tuned its 30 hours awayti
YOu don't have to be an atheist or rocket scientist to figure that out--thats like saying the sun is coming up tomorrow. However we still have to get through the "dog days" of August and september. So be backing up the truck now at these low prices
Absolutely Illoked at the other builders and it looks like about 25% Tol about4 % Len is 15% DHI $% but historically kbh has a high short interest
I have a question for all you with E trade accts. I got a call today from someone who told me Etrade was raising the margin was going up from 25 to55% .Did any other holders get a call from Etrade about the margin increase on kbh??
Kwiley we both agree that KBH is a superstock. However let me repeat that your idea of getting iinstitutionst to put their stock up for sale at thirty five is delusional . Don't you understand many of these institutions lend their stock to be shorted or bot to cover options. They get a fee for this. What are they going to do Oh sorry I can;t collect the fee my shares are all up for sale at 35.In 2009 for a brief period the US made it illegal to short financial stocks they still went down. Want to get the price up buy more its that simple. Or you can sell calls means the buyer of your calls will buy the stock to counter your move.In september we both know KBH will do a bombshell business. So just buy.
FIrst how much of a correction? What time frame because I think after the sept lows by Dec or jan we should be selling at more than book which is 17. Earning in Sept should be very good if we go by the earnings of DHI and LEn. plus a strong CC. This year has not met the norm Jan which usually was strong was weak. Sept is usually a weak month for stocks.Kbh operates inthe sunbelt very good market. There is pent up demand and short interst inthe stock is growing but much of the selling could be ETFs adjusting there book and people selling everthing to get a firesale by OCtober 1st..If you want to hide out in stocks the homebuioldrs and financials is a good place to be. THe stock fellin one week last Jan from about 16,90 to 11.90. COuld it go that low sure but unlikely . The earning and the fact the Ceo is not going to make stupid predictions should easily buoy it up. IF we have a really terrible exogenous event my prediction is the 11s witha normal correction 14s ,Of course, I called the resurrection and rapture as phony too