Jim, Folgers, Millstone. I worked on all of them, purchased some, and sold them. It's disgusting to watch all these companies make money off of our products.
Early today, Cramer said that Nordstrom could not understand the lack of traffic at their stores. Of course, at the other end of the same mall there was no problem with traffic at Penney's. Ever heard Karen Fineman, the Fast Money lady who loves Macy's, and especially debonair Terry Lundgren, their CEO. She's been saying buy, buy, buy Macy's at 70, 60, 50, etc. Also, she dresses like she shops in K-mart.
It's what the big boys do to keep the stock down. Look at JP Morgan the other day, downgrading Rite Aid but keeping their price target at $9
If you believe this deal with WAG is going through, buy now. If it completes mid-2016, buying now at $7.60, you are making $1.40/7.60= 18% in 7 months. In this market, take it.
Holding 7000 shares, fortunately sold a lot of calls when it was up.. But, it's always Groundhog Day with Taser Earning reports. No the boys never learn anything from these conferences.
If you work in retail for JCP, you'll see those very long lines at the cash registers on every floor like I do. Oh yes, Walmart is doing great!! That's why they reported bad earnings last week and their stock dropped $5/share.
Don't ever let facts get in the way. This is being portrayed as 9% of the total JCP workforce is being cut; however, it's only 9% of the headquarters staff, that is 300 out of 3,400. Big companies, the banks, etc. lay off 5,000 - 10,000 everyday and it's always applauded by Wall St. JCP lays off 300 and it's a signf of the end. But, the bears always get their way, and the complicit media is always there to help them.
I owned Cepheid when it was $2/share. Bought lots of it, sold in the $30s. I only see it when the CNBC ticker goes by and have been watching the fall. All I know is that revenue was down and there was a loss. But, can someone familiar with the technology let me know what's happened. Are we anywhere near a bottom? These guys owned this kind of testing in the market. Thanks,
I see the Motorala news, and I'm still confident in Taser. Just bought shares in the low $21 range. When Taser was in the $30s, I sold very, very long calls bringing lots of cash, so I can sleep.
However, there is one thing Taser management does not do well, and that is handle analysts expectations, earnings calls, and the media. I write their IR folks all the time about this, but no answer. Finally, I tell Taser mgt to take a lesson from Michael Dell of Dell computers and take the company private. This market and the shorts never thinks much of Taser, so why put up with it? That was the smartest conclusion Michael Dell and it was an excellent move by Dell Computer.