Revenue is a bad comparison. Amazon, in many cases, buys goods, warehouses them and ships them. Baba is just a platform, taking a percentage of all sales. Very little expense in business model. Also in a much more populated area with ugh growth in front of it.
It's a steal at this price.
LOl, company grew revenue by 40% and now has a forward PE ratio under 30. Hats off to the shorts but I'd take the profit. Market can only play games for so long before the numbers overwhelm the nonsense.
Exactly. 40% increase in revenue with these valuations!! Stock is a monster. Not sure where the bottom ultimately will be but BABA is on sale right now.
At this stage of their growth, yahoo is doing them a favor. This is Amazon, Ebay and five other major websites rolled up into one company in a market four times as big as the US.
I know you're interested in short term gains and I hope it does go down...will just buy more.
A full eight percent of China's economy is counterfeit merchandise. They make noises from time to time but never really do anything. This is just another one of those times. Last thing anyone in the gov. wants to do is hurt the economy.
Plus, BABA isn't manufacturing or selling any of it. It's simply the platform. Worse case scenario is they have to hire 500 people to comb through listings and delete suspicious merchandise. Not a big deal and no threat to their position.
Baba's response to the government indicates they're not too worried about this. They were dismissive and curt...not the stance of someone with concern.
It's a fact of life that Baba is the big target for Chinese government's "campaign against copy right and knock offs." If they were serious, they would have done more in the last 25 years. As an investor here, you have to accept what goes along with investing in the 1,000 pound gorilla.
As for the timing, had they done this immediately after last earnings, the market would have had a few months to beat the stock down. Good numbers tomorrow and this is quickly a side story. I thought the timing was good.
They don't. This is just lip service to appease complaints from western governments. All china cares about is jobs and growth. Cut out counterfeiting? That would crash their economy.
You see "Yoga pant company. I see, "It brand, that consumer is willing to pay a premium for."
Big difference. Cost you a lot of money and will continue to do so.
A bear's a bear. There's no talking to someone convinced of doom and glop. The correction will come, it will be massive but it's not close. We're in an age of financial engineering. Too bad you've missed it.
SBUX earnings sure speaking to the new, more powerful consumer and a healthy economy. JCP was going down only with the market. Europe QE so massive, that's not going to happen. Only hope left is oil collapse but OPEC saying that isn't happening. Up, up and away...
Best economy in years. Foreign economies taking bold action which improves sentiment here (go look at the vix!). Consumers with more jobs, more money to spend. Gas prices free up shopping money. Stabilized JCP business, with improving comps.
The worse case scenario was priced into this stock. Now you're going to see the best case scenario get priced in. That will be $12 to $15. All the money to be made here is in squeezing shorts real good and that's exactly what the market forces will now do.
You're in a trap but you can still get out. In a few months, it's going to hurt a lot worse.
Timing, the stock market is an art, it can't be learned. The death march has started and it's going to be a long one. Put on your sturdiest shoes, Shorty, you're going to need them.
Tough times ahead in the boom towns, no doubt. How you think that impacts the 98% of JCP stores far from those economies, is telling.
Recent study done saying gas price reduction is having a doubling effect on consumers. They're spending twice as much as they're saving on gas.
It's going to be a great year for JCP stock. Consumer is feeling good in the USA.
I plan on accelerating my buying through $8.50 as shorty starts to jam the exits.
In any trade, there are variables to consider. But which variables will impact more are than others is the key to a good investment.
There is a 36% short float in this stock. 36%. I'll say it again, 36%.
Any hope for the shorts in the near term was completely reliant on the acceleration of deteriorating comps or at least no improvement. That isn't happening.
When companies have been losing money for a long time and start losing less money, shares go up. When there is a huge short float, shares go higher. When there is a favorable economy and a $1,000 extra going into the pocket of the average consumer because of lower gas, retail flies.
Consider all the other factor and variables you want. Weigh them in any way you want to. But I'm telling you, where we are at this moment in time and in the months ahead, these are the only variables that matter.
Put them together and you're looking at $12-$15 per share by July.
Great idea, a catalog is a highly emotional touch point, particularly with an older consumer who not only connects with the current store, but days gone by when the children were young and the whole family would go to Penny's after church.
Obviously doesn't mean they stop doing all the other things they're doing to promote the brand, just a nice addition to the overall brand strategy.
Macy's isn't in any financial trouble. It also has a market cap of $21 Billion. Good luck making money there.
Always looking for small risk, big upside. Given how long it takes a retailer to die (Sears, anyone?) there's zero risk here at these prices and a double on the upside in three to six months.
See you tomorrow.
We're lucky to have management responding to the changing trends in retail and the guts to execute on their plan. Macy's is only closing 13 stores...not enough.