Please, please, please if you care about your kids and grandkids, buy some. XIV is 33.30 right now. Just this morning you could have had it under 33. It'll be around $75 in a year and if all goes right I expect in 10 years it will be around 35,000 (adjusted for forward splits).
If you can pull together 10K to buy 3000 shares, in 10 years that $10K investment will be worth over $100 million. It really is that simple.
Sure am glad I shorted DXM and not that one. Of course they're not that similar in the important ways- for example Yellow is not going under like DXM. Can you imagine some of the guys here who had 100% of their assets in DXM in the low 20s? Good lord.
What happens when they've penetrated as much as they can in the market (which may have happened already)? They have to find a way to keep moving product. Since they only have one product the risk is very high.
I'm just telling you what a couple guys said when I ran this one by them. They said if the numbers are so good why the heck isn't this company being aggressive returning capital through more dividends and buybacks? I don't think there's an answer that is good for longs. Do they just not care about the share price?
For me the competitive issues and only having one product are the risks. I do not believe the company's discounted cash flows will support the $11 share price when all is said and done. of course it's a matter of opinion.
It just makes you wonder. Supposedly great numbers, traded on NASDAQ, but only one analyst following them and no interest from anyone else? Something isn't right here. If you ran this company wouldn't you be pulling out all the stops with buybacks and dividends?
Had to be. I hope they cancel that trade. Suspicious activity continues with this company and stock.
Yeah, right. It happened twice in 2011 (doubled in 10 days on Greek crisis, tripled in a month later in the year). Does anyone really, really deep down think VXX could even go up 10% in a week now? Bernanke would order the markets to close immediately and they would be marked back higher.
For VXX to "double in a month" you would need a nuclear bomb to go off somewhere, probably the Middle East, killing at least 1 billion people.
I don't think so. I think you have a segment of people who think the numbers are fake and a segment of people who think if even if the numbers are real, the company will be crushed by competition.
Well he was buying big time around $13 per share so I'm not sure he shares your excitement. It doesn't make much sense but all the big name companies go up at least 300% after the opening day washout. I am 100% confident JCP will go under so I will be waiting. The low is always the first day, and within 6 months they triple.
My guess would be Margarita Island. Who knows though, things can change in 5 years. I've only been a few places in Latin America and loved them all so I'm sure something good would be easy to find.
I did think about that, having it be a big part of the portfolio. Initially I thought maybe pare it back monthly or quarterly. Right now I'm thinking let it ride at least for a bit. If it got to be up 10 fold I would trim it for sure.
Ben Bernanke has messed the market up in a bad way. I actually enjoy Potbelly, think they have good sandwiches and the business model is pretty good. I just think any price over $10 per share is ridiculous right now.
Ha ha! Hope it was a great weekend!
I don't see any long term risk for the 100K. This is money I can leave in there for years and years. I'm OK with losing 100% on it, but I think more likely it'll be worth a couple million in 5 years or less and I'll be on a beach somewhere in the Caribbean.