I post periodically to warn potential investors to steer away from these gold miners. A combination of margin squeezes, worthless mines, and inept mgmt make them uninvestable. Two years ago I sold GG at $45 and today it lost half its value.
On his CBC show with Amanda Lang, he said he spoke to Target insiders who told him that the CEO ouster had nothing to do with the data breach and everything to do with the Canadian operations, as most of us have suspected. This is ominous for the upcoming quarter results. Can the Canadian results be so disastrous the CEO had to leave?
This is the only logical explanation I can think of, to explain why Icahn suddenly turned from lion to kitten with Donahoe. Donahoe must have told him to back off because Google wants to takeout eBay and own payPal. A Google eBay merger makes sense and it has been speculated before.
Kelly Evans was laughing when he said KO is a loser and the sleepy male guest mistakenly heard him call Buffett a loser. This was an odd interview about Kellogg. KO is not a momo stock but it is a good portfolio stabilizer in times like this.
Let T get weighed down by all those Latin America "assets" and trap itself in America. T is probably the most hated company anyway. VOD will do fine on its own. Europe and Asia will recover and T will be just a spectator in these regions.
All jokes aside, Target Canada will be the money pit for this company for years to come, unless they realize the mistake, cut their losses, and pull out immediately.
Now they are all being thrown in the garbage. Used to be cool to own these names. I guess not anymore. These days it is big oil.
Sad truth is Canadian Target customers would still rather drive to US Target stores instead of shopping at Target Canada. Canadians felt betrayed by Target, because they thought the Canadian stores would be just like those in the US, where they've been shopping for years. Instead, they were welcomed with stores that resemble the old failed Zellers chain.
It doesn't help matters when the Canadian channel, the CBC, showed two anchors, one in a Target Canada store, the other in a Target US store, simultaneously comparing the outrageous price differences for identical items.
At this rate, Target Canada will become the zombie stores like the former Zellers stores it took the leases from.
Is the real reason why CEO got the boot. Just setting up a lot of stores in Canada and assuming customers will come and buy is not a sound strategy.
Cramer condemned Winters for being a little man shooting his mouth at big guy Kent and fantastic KO management. Now we find out Buffett agrees with the little man Winters, why isn't CNBC calling out Cramer? Today KO management has their tails between their legs. Cramer should sometimes shut his mouth.