Current FY earning estimates have tanked to -$2.30 at March 2014 and just $0.07 cents for FYE March 2015, 16 months out from now. I believe that would be a 307x earnings multiple for next years earnings. I think this stock price will continue to deteriorate on its own. Negative analyst comments and any market corrections will accelerate it. Good luck to all.
Gore lies more than Clinton, has made him a very rich man. Remember he sold out his TV company to the largest energy producer in the world at a price far above market, he is a slime ball.
This boat is still trading at over 100x 18 months out FYE March 2015 earnings. If there is a good or optimistic reason please post it. Company has to keep growing for years (from 14 to 300 stores?) which will continue to be negative to earnings from start up costs, not to mention additional capital requirements (share dilution).
Except WF makes money historically and going forward. Fairway isn't even close to turning a profit .
9 out of 10 are currently strong buys. When these start flipping to holds or even sells we could see significant downside. Earnings report was not good. Best news they detailed was a 10BP increase in operating margin. 10 BP is so small it should be considered a miss.
Good call, I have been saying this for months. There is no reason to buy this stock above $10 and even then, why? New lease and start up costs will kill next quarter as well.
MLP will also attract buyers who currently won't buy the stock because of the DRYS majority ownership position. It's all good.
Stock is going to drop like a stone Thursday after earnings. Why would you own a low operating margin stock like a grocery store trading over 100x projected earnings? Growth? Maybe, but how do you fund it, debt or dilution? Market will demand more equity which will crater price.
Beat on earnings by .09 cents or 42%, Also beat on revenues by almost 10%. DRYS operations outlook better for next year with increasing charter rates. ORIG gets stronger every quarter. I am not selling a share.
This is a trading stock. I have been buying and selling this stock for 2 years. Rode it up from the mid 2's first and have traded it ever since. Solid value stock which allows for trading, making .10 to .15 cents a pop 2-3 times a month on 5000 share buys. Have never been out of the money. Long term bull here.
Bam, good article today which is what we needed (as I mentioned above). This stock is a hidden gem, if we get some more exposure there is significant upside. I hate to reply to my own posts but not much activity here. Any opinions? Go taho