Thu, Jul 10, 2014, 10:26 AM EDT - U.S. Markets close in 5 hrs 34 mins

Recent

% | $
Quotes you view appear here for quick access.

Pep Boys - Manny, Moe & Jack Message Board

daninfw04 263 posts  |  Last Activity: 1 minute 13 seconds ago Member since: Mar 23, 2004
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • daninfw04 by daninfw04 Jun 25, 2014 10:13 AM Flag

    What can I say.......DaninFW

    Sentiment: Strong Buy

  • Reply to

    Dan - Your Thoughts are WORTHLESS!

    by golf.messiah May 1, 2014 12:50 PM
    daninfw04 daninfw04 May 2, 2014 11:17 AM Flag

    You continue to show your ignorance. The last 10K showed just at 30% of revenue from radio and that includes digital from TV.......And it when it went from $7.33 to just barely over $5.00 that was positive or forward momentum? We are now reversing again and that is forward momentum. BTW, months ago I posted many postings that I bought EVC for the sector momentum. EVC was barely over $5 then and went over $7......you seem to be a day late and dollar short idiot......DaninFW

    Sentiment: Strong Buy

  • daninfw04 by daninfw04 May 12, 2014 10:33 AM Flag

    Sector is up strong today with most of sector up 5-7%.....also noticed short interest on EVC is at 52 week high. Any good news will cause shorts to cover and with EVC's low volume could jack prices up very quickly. Today, I have seen 5+ blocks of 20,000-25,000 shares each taken out and move up a few more cents each time. Someone is buying big today. Might get interesting. DaninFW

    Sentiment: Strong Buy

  • daninfw04 by daninfw04 May 14, 2014 6:36 PM Flag

    I just wanted to put some more reliable info about the new and exciting EVC debt rating. To put things in perspective, of all the broadcast stocks I trade, EVC has the highest in the sector, tied with SBGI at B1. LIN is fully two notches below at B3 and GTN and NXST are three notches below at Caa1......MEG doesn't currently have any bonds outstanding but suffice it to say it was lower than B1 and Warren Buffett loaned all that money to them and took out private debt. I was really surprised for them to get the B1........Moody's sees nothing in next 6-12 months that would effect their financial performance in a negative way. I would also add that you should listen to or read the presentation from yesterday. They also stated that in the Q1 conference call they didn't think analysts understood what they were saying in terms of Q2 revenue. They reiterated that their projection of high single digits was with only 65% of current World Cup included with another $4 million to go. They said yesterday that now that only a little TV is left that they are now seeing increased buying of radio spots for World Cup. They are going to blow away Q2 expectations. For those of you that don't specialize in bonds I didn't want you to get mislead. DaninFW

    Sentiment: Strong Buy

  • daninfw04 by daninfw04 May 9, 2014 10:27 AM Flag

    I think after today we should be pretty much at bottom. I didn't think we would dip much below $5.50 but sector is still very concerned about Aereo decision. Pretty much dead money till Supreme Court rules IMVHO. I wasn't able to listen to conference call but read transcript. They reported 5 cents EPS.....BUT......I am not an accountant so wasn't sure how it was done. They only paid $500,000 in taxes but reported $3 million in expenses. That extra $2.5 million went into cash flow but was IMO 2.5 to 3.0 cents EPS. They hit my number. I just didn't calculate it that way. They will only pay $1 million in taxes because of NOL's in 2014........out of $45-50 million in profit. Unbelievable. I won't post all the numbers but Q2 is expected to see revenues increase 16.2%,,,,,and the analysts expect Q3 to be just up 11.5%......if you read closely you can see where it will be 20%+in Q3 for revenue increase. Q4 will not only have political but the insurance companies will also be back. Another 20%+ quarter. Retrans will be up $3 million+ in 2014 and no new contracts till 2018. We have four years of nothing but increase year after year for retrains.
    The one thing that finally caught up to them was digital and mobile which was up 8-11%.....what happened to 40%? All this talk about growth in this area and they finally said it was just 5% of LOCAL revenues. This 8-11% was barely over a half million dollars. I don't have a handle on what total local revenues was but seems like a big old waste of time. They should buy profitable assets and protect their profits with NOL's to actually pay for their acquisitions. That would be the smart thing to do. Management is still the dumbest in the sector. DaninFW

    Sentiment: Strong Buy

  • We should all be really glad that truth.monger is back. Rarely do you find someone that if you do the opposite of what they say you can get rich. He is such a person. He was still saying EVC was going to be $1 in a few months when EVC hit a low of $4.27.....and then it went to $6.55 less than a month later.......after saying that the Aereo decision was priced in. What a jewel of a call. One for posterity. EVC went up 53.4% after he said to dump. So, if you want to make a fortune simply do the opposite of what he says. BTW, I was still saying strong buy at $4.27.......DaninFW

    Sentiment: Strong Buy

  • Reply to

    Entravision

    by contra_guy Jun 25, 2014 4:01 PM
    daninfw04 daninfw04 Jun 25, 2014 4:45 PM Flag

    mcbdan----thanks for kind words. This guy just likes to slam other people. He tells people they shouldn't read these boards which he does. Makes sense right? He prefers that investors stay ignorant so he can fleece them. I believe that to whom much is given much is required. I have made a fortune many times by getting thoughts from these boards. One opinion is never the only opinion. Doesn't mean they are all 100%......just information for research. I found EVC stock and have made over $400,000 on it by following the suggestions of wow1smallworld who kept telling me to look at it. These boards are for sharing. Doesn't mean any one person is right all the time. If you think I'm perfect......I'll let you talk to my wife. She will straighten you out real quick. DaninFW

    Sentiment: Strong Buy

  • daninfw04 daninfw04 Apr 25, 2014 9:49 AM Flag

    The sales were on 4-22-14 and by Wilkerson. This is as you know an automatic trading plan with still over 600,000 shares to go. He dumps 60,000-85,000+/- shares every 12-18 days. I started complaining about this when he still had over a million shares to sell. He will be out in about 4 1/2 more months. I said he would be dumping a few days ago. It was time. My point as you also made was he was the factor is driving the price down to low of the day and low for many months of $5.35........I don't see any other insiders selling. I think the last big insider sales that you are concerned about was actually sold to raise cash to buy cheap options at less than $2 a share.......If we see further inside sales it will be a concern. I believe you were the one that said that Wilkerson stepped down because he was mentally impaired and wanted to get out? I agree his selling isn't helping but this is very common when execs want to retire and diversify assets.

    Sentiment: Strong Buy

  • Reply to

    Are YOU all stupid?

    by golf.messiah May 1, 2014 2:02 PM
    daninfw04 daninfw04 May 2, 2014 11:12 AM Flag

    You call us stupid and you can't even construct a sentence properly? I much prefer someone that is experienced versus credentialed. BTW, I do have credentials as well. You are the idiot that bought EVC before researching by your own admission. You are just a pump and dumper. DaninFW

  • Reply to

    Don't let Dan scare you out!

    by golf.messiah May 2, 2014 9:52 AM
    daninfw04 daninfw04 May 2, 2014 11:14 AM Flag

    You are an idiot......posting for me not to scare people out. You DO REALIZE I have a "Strong Buy" recommendation out on EVC? What an idiot......DaninFW

    Sentiment: Strong Buy

  • daninfw04 daninfw04 Apr 15, 2014 9:49 AM Flag

    Not in PBY at present. I expected another disappointment due to recent and current inclement weather. I am not going to say a lot as nothing has changed. Read any of my posts for the last 2-3 years. The problem is:
    1) O'Dell who is a Sears reject.
    2) At least 2 of the current top VP's are Sears rejects brought over by O'Dell
    3) the hub and spoke concept is cannibalizing same store sales as I have said for years
    4) current HR VP is another joke with no industry experience. Oh yea, he joined some car clubs.......
    5) BOD's also have zero experience in this sector
    6) Where do I stop?
    PBY does make a great trading stock as eternal optimism is alive and well. Goes up when Gabelli pumps and drops when reality hits every quarter report. DaninFW

  • daninfw04 daninfw04 Apr 24, 2014 8:58 AM Flag

    The current expect is 5 cents for Q1. But, two analysts have projected 6 cents and one 3 cents hence the 5 cent average consensus. 2 out of 3 say 6 cents. IMVHO they are more right than the lower forecast. I expect at least $500,000 more in retrans based on trend and increases in Q1. I also think radio will trend 3-4% increases which has been 2013 trend. A lot of Q4 advertising for healthcare got moved to Q1. Then, the government spent even more to get program back on track. Then, we also have full benefits for interest savings minus additional payroll and pay increases. However, the old co-founders pay should be off also. I expect 6-7 cents EPS this quarter. As I said before, there have been several articles where the Obama administration went to an old medium to drive Obamacare enrollment.......radio. When I said 3-4% growth that was normal organic growth. I think at least another $500,000+ in insurance advertising. You will have at least $3 million in extra revenue from last year. Incrementally, we should see at least 60% of that drop to bottom line plus interest savings. That's $1.8 million plus interest savings of about $4 million. Say $5-6 million more than LY where they lost a penny. That gives you $5 million+/- more than LY divided by 90 million+/- shares which is 5-6 cents. Just quick math but I think EVC will make another run to $7 after report. DaninFW

    Sentiment: Strong Buy

  • Reply to

    When a Director/Founder dumps 531,960 shares ..

    by truth.monger May 30, 2014 11:02 AM
    daninfw04 daninfw04 May 30, 2014 7:38 PM Flag

    Again, you are a smart guy but don't understand. Once plan is put in place he loses all control. That's why they can sell even when he knows insider info. It is not unusual for this to happen but when plan was set up he gave them the autonomy. The almost bi-weekly trades have been anywhere from 50,000+/- to 90,000+/- shares. That is because there is also a rule that on automatic trading they can only sell a percentage of total trades for the day as well. There may and should be an SEC record when he implemented the plan. I suspect the timeline was almost done and he had committed to sell the total amount when he started. The lower than expected daily volume probably put his back to the wall. Very similar to when someone becomes President and their stocks are managed by someone and they give up all control. You can take it any way you want. The market apparently views it very favorably as do I.

    Sentiment: Strong Buy

  • daninfw04 by daninfw04 May 1, 2014 1:05 AM Flag

    The golf.messiah is really quite entertaining. He doesn't understand REVERSE momentum. How else do you go from $7.33 to $5.17 in less than a month? No question EVC is the ATM for EVC execs and BOD's. However, I was a lobbyist for many years. What Univision and other networks are doing is political posturing. This is pressure on Washington for Congress to act in the event the Supreme Court rules in favor of Aereo. Univision doesn't want to drop EVC stations. they have n coverage in most if not all of their station markets. They would have to go back and negotiate with dozens of smaller stations to serve those markets. If they go as a pure cable channel then they get paid only for subscribers. If Aereo wins then cable and broadcast models will get changed. It will be alacarte station pricing which means Univision would only get paid for subscribers not 100% of all homes served like it is now. Their eyeballs would drop. ESPN is currently subsidized by the two thirds that don't even watch it. That would change and those that want to watch ESPN would pay three times as much for it. I could go on and on but the glass is not just half empty. It is half full as well. I don't see EVC at $20 a share much less $10 for at least 18 months-2 years. I think $8 is possible next 6 months. Also, the analyst projections don't include the fact that EVC isn't going to be paying income taxes. That means that the 52 cents TY is going to be more like 75 cents and NY is going to be more like 52 cents instead of 39 cents. BTW, 2015 is going to be roughly 75% of 2014. 2013 had the one time extraordinary tax write up. Just a few random thoughts. DaninFW

    Sentiment: Strong Buy

  • daninfw04 by daninfw04 May 21, 2014 10:02 AM Flag

    Truth---you always want to compare trend of 2010 vs 2014. Let's look at 2008 vs 2014.....and 2008 was a presidential election. EVC lost $5.84 and will earn over 60 cents 2014. I'm not sure how to figure that trend........maybe UP 1000%+........as for higher interest rates. A big chunk is locked in at just over 3% and the rest just over 5%...........thanks to their Moody's rating. Yea, going up some in 2015 but retrans alone increase will more than cover the increase in interest expense. DaninFW

    Sentiment: Strong Buy

  • Reply to

    Today's Presentation

    by daninfw04 May 13, 2014 9:16 AM
    daninfw04 daninfw04 May 13, 2014 3:47 PM Flag

    They actually answered both of your questions:
    1) not worried about Univision deal as they have till 2021 but will start looking at in 2016.....5 years early.
    2) CFO stated that "soon" and he reiterated several times "soon" they would break out the Luminar segment when they report. Sounds like next quarter. They even stated that they knew it was a concern for many investors. Sounds like they read these boards. At today's price back to strong buy. DaninFW

    Sentiment: Strong Buy

  • daninfw04 by daninfw04 May 16, 2014 8:10 AM Flag

    I was blown away after the final Schedule 13's were filed yesterday. Institutions for the quarter took new positions of 5,465,471 shares of EVC, added 11,356,850 shares of EVC and decreased positions by only 5,637,647........which means overall, institutions ADDED over 11 million shares of EVC for the quarter. EVC and sector is being manipulated at present. Lot's of money to be made here soon. Pretty much dead money IMVHO till Aereo decision is announced.

    Sentiment: Strong Buy

  • daninfw04 by daninfw04 May 31, 2014 10:17 AM Flag

    Just 2-3 weeks ago Barron's had an editorial that was very negative to broadcasters. Today they have an article on Gannett and how it could go up 40% because of their recent acquisition of Belo......a broadcaster. With the news on lawsuit and a positive spin on broadcasters we could have upward pressure Monday. DaninFW

    Sentiment: Strong Buy

  • daninfw04 by daninfw04 Apr 25, 2014 10:14 AM Flag

    This morning one of the first Schedule 13's were filed........Dalton Greiner Hartman Maher disclosed they took a brand new position of 1,209,502 EVC shares as of 3-31-14........looks like the smart money is still high on EVC. DaninFW

    Sentiment: Strong Buy

  • Reply to

    Reason for Drop

    by daninfw04 May 16, 2014 8:19 AM
    daninfw04 daninfw04 May 16, 2014 12:26 PM Flag

    I basically just said the same in another post to joe. I would add that his constant barrage that EVC doesn't have digital or mobile rights is mute. They didn't have them when he bought the stock. They didn't have them last year, the year before, the year before, etc. yet they are increasing in digital and mobile every quarter for 23 consecutive quarters. No question they would do better with them but it is what it is and they are making it work. $70 million+ in free cash flow is amazing. DaninFW

    Sentiment: Strong Buy

PBY
11.04-0.12(-1.08%)10:25 AMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.