It looks like the currency war is in the final stages and a reversal is near. Today the brazil Real (brl) broke into a free fall against the USD. Once lumber commodities break to the upside, it will be hard for Brazil to dump their lumber in America for extremely below costs.
BCC will continue to raise back to 25.00 over the summer. the slow turtle always wins the race. don't sell (give) your shares to the shorts
It is extremely easy to move a companies share price then their are only 38.61 million shares floated. However it is extremely hard to get a mutual fund to sell their shares. Last weeks action was clearly pointed at BCC repurchase program of 1.6 million share buyback. The hedge fund helping the drive was the winner. Today BCC post their annual statement. Their is nothing wrong with the increased sales growth and their projected sales growth. Price wars will come and go in every market. Lower commodity prices will help growth down the line. Shareholders need to understand which advertising firms are short (zack) and which firms publish just the news.
fair market value today for BCC is 18.50 - 20.00 a share
Zacks, is a #$%$ syndicate, they pump garbage. this company has no financial basis, simply a hedge fund control propaganda company. u pay, they say !!!
naked shorts are at work here. buy the stock in the morning, close position to sell short. over and over again.
a very small float of shares. this will play out real soon. big money I rolling in now.
it looks like BCC hedge fund partner, bought the shares yesterday, that BCC will purchase for their buy back program. now all they will do is leave the stock at this price for a few days (too look good), then back up to 18.00.
Reading the transcripts, I get the following,
BCC will be (is) buying back the repurchase shares at these low prices with the help of their short friends.
Brazil is dumping plywood in America (nothing new) that is why home depot plywood is #$%$. it doesn,t even stay together after a little rain.
"new private equity" building plywood plant out west (so what). with a plywood price war, the new equity firm will go bust, b/f an established company does. BCC was already saying, some of these smaller firms are already bleeding cash. (positive for BCC)
what's good with BCC, as they state, if plywood is going through a tuff, time, they can tool their machines to focus on lvl and milled products.
if BCC bought their buy back shares b/f this Q report, their would be legal issues, now that everything is in the open, buy away. inflation is coming back to America. these companies can not continue to sell at these give away prices. brazil is selling garbage wood, osb is the American version of garbage.
BCC fair market value right now is 18.50 - 20.00.
looking for a close today = 15.25
Today would be a good day for BCC to buy the remaining buy back shares. Odd, their sales keep raising, BUT BCC does not make any money ?? somebody sold a bad contract to a big box store ? O well, it looks like a long spring before these shares raise again. A lot of damage done here, CEO might need to leave.
hedge funds need to own shares of BCC when new financing is placed. today the option players took advantage of BCC low price. they loaded up on jan 15, 2016 25 & 30 calls, 1000 of each strike.
watch for a bounce.
It looks like the financing firm helping with the purchase of GP property, is buying into BCC, with the help of the shorts. The construction industry will have its best year in 2016, since the last recession.
Really, it looks like the shorts are moving this stock up to "short for another day". SQ has never seem a positive quarter !!, what changed this time ?? ipo expenses and NOW, SQ has to post earnings results for 4 quarters (in a row).
you should wait for another day, to buy into this iffy company.
A good move for BCC, to purchase the LVL Lumber division from Georgia-Pacific. Cheap Price, cash on hand + earnings. Good deal, look for upgrades after the new year. 32.50 is fair market price for BCC, looking forward.
Sentiment: Strong Buy
no, I won't short this one. their are no shares. I will just have to wait for an entry point. the shorts and option players are in control right now. you could be looking at a 45.00 open tomorrow. the option players loaded up, straight down from 52.5 to 40 puts, with a large position at 52.50 / 45 / 42.5. the momentum players will be exiting the stock over the next couple of days. 38.00 could come faster then thought.
if you buy the stock at 47.50 and it drops another 3 - 5%, over the next month, then how much money did you make holding on too get the .75 cent dividend ?? as with all the other sectors that just went through this super cycle. it will take 3 to 5 quarters to determine the fair market value of the stock.
cash in hand is better, then dreaming about a 8% dividend, that is eating away at your principle on the left, as you watch top mgmt., pay themselves on the right (dividends) for continued sluggish results. the stock has already dropped 20%+ over the last month.
fair market value is 43 - 45.00 a share right now. by spring of 2016, this could be a 38.00 a share stock. their is no silver lining to push the shares up right now.
Calm will need to lower their EPS for next year. weak egg prices along with slowing sales. wall street knows this, they are just trying to hold up the stock for year end bonuses.
Yep, CALM hit the top of their super cycle, just like oil, corn, meat and chicken. see you lower tomorrow.
CALM has missed 3 of the last 4 quarters. short term hedge funds were have been playing the stock all year. in the past 30 days, earnings have been downgraded to 2.40. egg prices are stable to lower and grain prices are lower. look for a 2.30- a shr., earnings miss.
this is a 43.00 stock. wait and pick up some cheap shares tonight.
"Obsolete technology", I don't think so, cutting edge, yes. 20.00 a share stock, No, not until the starbucks deal is closed out. also, the morley suit, looks like the courts are siding with Square. oral joint ventures are extremely hard to prove, however, patent issues can result in future compensation.
Square would be a good mix, with a paypal, yahoo or even google. Square is a money maker, their fees are cheaper then paypal and their only exposure is customer service. now that the construction industry is back on track. contractors can use Square to get paid A,S.A.P.
I still think the shorts will push Square down in the near term.
Square is fully valued at this price. look for a retest of the ipo price of 9.00. I would not buy this stock until after, the company shows some growth and the total loss for the failed starbucks deal. the shorts are holding up the price, so they can add to their positions. just sit back and wait.
Nice earning today from TSN. You see those cnbc / Kramer shorts run for the hills on Friday, pushing SAFM down over 2.00 a share. They are all connected and criminal. turn off cnbc and save yourself thousands of $$$$$$. PPC is moving nicely also. SAFM s/b @ 85.00 and PPC s/b @ 26.00.