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.
Over the last reporting period, short interest dropped 900K shares or 12%. That is a notable amount of shares. The holiday season is usually the best quarter for the poultry stock.
Over the past 15 day reporting period, the shorts closed out over a 1.9 million & 900K shares in both PPC & SAFM. Maybe the shorts are migrating into another field of stocks. That is a huge amount of shares to close out in a short period.
the farma companies, just wanted to get their foot in the door for a new drug source. I am sure the usa gov't told them to cool it. the shorts watch the ticker, when their are no buyers, they just drop the share price, like they are doing today.
PAAS has another great quarter (given current market conditions). It looks like gold has found itself at these lower price levels. As the EU &China continue to print money, their will also be a need to produce more coins !!
glad to see that PAAS is continuing their dividend policy.
Kinross Gold (KGC), a pure gold play company, reported earnings tonight, a beat at .02 cents a share, on 819 million sales. It looks like the gold market is alive and well. A good buy at this low level.
PAAS, is well positioned and funded to weather this challenging market environment. I won't give up on these stocks now.
Companies short a company because they think something is wrong with a direction of a company or earnings are going down. Whoever is holdg 40 million+ shares short of PPC, are actually on the wrong side of the trade. The shorting gang tried to scare down the share price with PPC earnings release. Only to lose big time on a failed option trade and a short push with the share price. These hedgee's now stand to lose their borrowed shares, as real buyers move in and purchase their short daily traded shares.
Watch over the comes days, you will see PPC move up 2.00+ by next week.
owning 80% of any companies outstanding shares, is border line, on being negligent
or just pain foolish. Even if PPC buys out another company and uses their company shares is complete the sales. These shorts will not be "in control" of the sale price.
Buy all the shares you can of PPC now. The mid to high 20's is just around the bend.
good thing I don't listen to CNBC, Kramer and their group of option jerks. it looks like those Hot Hot, NOT nov 17 puts, went belly up today.
and, NO, PPC does not was 400K on buying puts to put a floor in their stock. they hare much smarter then that.
Hmmm buy puts ?? or buy TSN Mexico for the same Price !!!! Hmmmmm easy answer.