Wed, Apr 16, 2014, 4:04 AM EDT - U.S. Markets open in 5 hrs 26 mins

Recent

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

U.S. Concrete, Inc. Message Board

daninfw04 222 posts  |  Last Activity: 10 hours ago Member since: Mar 23, 2004
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • daninfw04 by daninfw04 Jan 18, 2014 4:48 PM Flag

    I've been out of the country for over a week down in South and Central America. The Aereo news broke last Friday as I was leaving. I could not believe that it didn't show up as news until Wednesday on stocks in the sector. I was 99% cash when the news broke. Only USCR warrants holding at this time. I would have dumped everything in this sector Monday had I been invested. I said this sector was overbought and due for sector rotation and just needed a catalyst. This was indeed the catalyst. I posted my opinion on Aereo a few months ago and met with wide criticism. Sector stocks have already dropped 15-20% in a week or so. IMVHO we may see a dead cat bounce but I think we are due another 10-15% drop but may be slower in coming and take 2-4 weeks. In a separate posting I will give detailed viewpoint on this. I would like to address EVC individually now. The latest news about hiring the two EVP's at a cost of a half million dollars+/- counting salary, benefits, expense accounts and stock options is once again eating away at the interest savings from the refi. There will be no benefit for some time if any from hiring these two. The smart thing to do would be to buy the assets of a company they want to acquire and keep the top talent. If you really think about it.......just more payroll expense. It will takes millions in extra revenue just to break even from these two new hires. Really dumb. DaninFW

  • daninfw04 by daninfw04 Jan 18, 2014 5:00 PM Flag

    Maybe the BOD's are listening at last. I said they should keep the CEO away from presentations. The one this next Tuesday is just the CFO.......

  • Reply to

    Presentation

    by daninfw04 Jan 18, 2014 5:00 PM
    daninfw04 daninfw04 Jan 18, 2014 5:01 PM Flag

    I can't wait to see if they took my advice on the actual presentation itself and copy from those smarter than them. The stock has dropped every time after the last 3-4 presentations.......

  • daninfw04 by daninfw04 Jan 18, 2014 5:09 PM Flag

    I posted a few thoughts on the EVC message board as I have been out of the country for over a week down in South and Central America. The Aereo news broke last Friday as I was leaving. I could not believe that it didn't show up as news until Wednesday on stocks in the sector. I was 99% cash when the news broke. Only USCR warrants holding at this time. I would have dumped everything in this sector Monday had I been invested. I said this sector was overbought and due for sector rotation and just needed a catalyst. This was indeed the catalyst. I posted my opinion on Aereo a few months ago and met with wide criticism. Sector stocks have already dropped 15-20% in a week or so. IMVHO we may see a dead cat bounce but I think we are due another 10-15% drop but may be slower in coming and take 2-4 weeks. I see GTN down to $10.00-$10.50 in next few weeks. At that point I will have to determine whether to buy or wait for further decline. I said months ago that the Aereo threat could be real. In the smaller courts, Aereo wins one and the broadcasters win one. I said before that the broadcasters needed to be careful of what they asked for......because they might just get it.......and I was talking about the request for Supreme Court to rule on the matter. I am not going to respond to the several individual opinions because many of you are much smarter than me. However, I do have much experience in this area. Continued......DaninFW

    Sentiment: Strong Sell

  • daninfw04 by daninfw04 Jan 18, 2014 5:27 PM Flag

    I will be posting my thoughts on Aereo on the GTN message board. Just FYI. DaninFW

  • Reply to

    My Thoughts

    by daninfw04 Jan 18, 2014 5:09 PM
    daninfw04 daninfw04 Jan 18, 2014 11:24 PM Flag

    I hope for your sake that I am wrong. I do believe there is a good chance it could pop 5%+/-......however with earnings season and what I have seen so far, I think we may finally get that 10% overall correction as well. This sector could actually see a double whammy. DaninFW

    Sentiment: Strong Sell

  • daninfw04 by daninfw04 Jan 18, 2014 11:40 PM Flag

    First, just for the record, other than following this sector for almost a decade, I actually worked in this area. In 1984 I was hired to fix what was then recognized as the second worst cable system in the U.S. as documented in a front page story in the New York Times. Over the next four years I was given three other cable systems to manage. In 1988 I was presented with an ACE Award from Senator Leahy of Vermont live on the Disney Channel from Las Vegas. I was responsible from taking it from the second worst to one of the best in the country. Sounds like bragging but I state this only to show I am not someone inexperienced in this sector. I would also add that I have been reading lots of other thoughts about the Aereo situation. It should be understood that the U.S. Supreme Court is the highest court in the land. Several people seem to not understand that when they say Congress could still act, etc. etc.
    First, let's address the court issue. Many thought 50-50 odds that Obamacare would get tossed because they had a conservative GOP appointed Chief Justice that ended up switching sides and joining the Liberals. The current court is stacked with Liberals. Don't be surprised at any outcome. Did I mention I was also a political lobbyist for the cable industry in the 1980"s?
    Each of you need to pull up as many articles that you can find and read them. If you think I am right most of the time, just call my wife. She will straighten you out real quick. If the Supreme Court rules in favor of Aereo it will be a sea change. Again, the spectrum alone is worth the current value of many of the stocks in this sector but it will take years to unlock it. CBS and Fox have already said they would become cable channels if Aereo wins. Time Warner was rumored to be interested in buying Aereo or starting their own similar service until they ran in to their own problem with Charter wanting to buy them. Continued......DaninFW

    Sentiment: Strong Sell

  • Reply to

    My Thoughts II

    by daninfw04 Jan 18, 2014 11:40 PM
    daninfw04 daninfw04 Jan 18, 2014 11:56 PM Flag

    Continued......Charter, DISH and Direct TV and many others have already said they would start their own similar type service if Aereo wins as well. The current Aereo service basically leases a dime size antenna for about $8 a month to watch over the internet. Each of you does understand that this is the same as watching Netflix on your blu-ray player, etc......right? The local broadcasters in the early days of cable were known as "must carry's" and I would require them to provide me with equipment, etc. in my headends free of charge and paid them nothing. Now the tables are reversed and they get retrans........which will virtually come to a complete halt if Aereo wins. The broadcasters still have 3-4 year contracts left with most of the big local broadcast companies but can you imagine what might happen? If you don't think the world is changing......you need to walk around and take a better look.
    I knew that the broadcasters had asked the high court to review and the court always picks cases in January so I was holding back. The court doesn't hear arguments till April and won't render a final decision till July. That means that the big time lawyers are reviewing all the smaller court decisions to date and relaying that information to the big investors. IMVHO most will sit on the sidelines till April. When the lawyers start making their arguments the observers will give feedback to which way they think the court will rule. Stocks should be vary volatile in April in this sector. They will probably stabilize in the next few months and not do much till April.
    Then, from May to June, not much either till July. In July this sector will pop vey quickly 20-30% over next few months if they win...........if Aereo wins this sector could drop 20-25%+ very quickly. These are just my thoughts and I honestly hate to see any of you lose money. I will make money trading once they stabilize. But get ready for a very bumpy ride. JMVHO DaninFW

    Sentiment: Strong Sell

  • daninfw04 by daninfw04 Jan 19, 2014 9:22 AM Flag

    When EVC was in the $6.90's a week ago I said it would see $6 before $8......we have been at $6.08 Friday. If and I do say a big IF......they can blow away the analysts and investors on this coming Tuesday we might see a small bump. However, in the next 2-4 weeks I think we will still see $5.50-$5.75 pretty easily. At that point I will have to re-evaluate. I know probably 99% of you reading this have money in this stock. I do not like to throw more fuel on the fire and honestly hope each of you do okay. But, you all know that the market doesn't like uncertainty and often over reacts, This Aereo could be very serious and nobody and I mean nobody knows the final verdict. I don't believe that Congress or the FCC will jump in to support the broadcasters. The cable and satellite companies are already trying to get them to intervene in the retrans issue. I don't think the Cable Act of 1992 or the FCC determining that Aereo type service is a cable or Telco will remotely happen. Technology and growth would be stagnated. Technology is the future. It's amazing to me that I can watch ABC, CBS, NBC, etc. for free in my bedroom where I am using a $20 antenna the size of a fly swatter from Costco and getting better reception than the signal received from Charter Cable in three other rooms. When I was in South and Central America last week, I had dinner a few nights with the Chief Engineer for a large broadcaster. He is responsible for 2 systems directly and 5 more indirectly. He was telling me a lot of things and we discussed Aereo. He said that when he sent the signal out from the origination point he could immediately see the quality degradation in the signal and that was the starting point......not "down the line". In the old days I used to offer my customers an A/B switch where they could flip a switch and move from cable to antenna because they could often get a better off-air signal than what I could transmit via cable. GLTA DaninFW

    Sentiment: Strong Sell

  • daninfw04 by daninfw04 Jan 19, 2014 2:54 PM Flag

    'At the heart of the controversy is Aereo's lack of authorization from broadcasters -- and whether the startup legally needs that approval.
    Aereo houses thousands of tiny antennas in its data centers, and it assigns each customer a unique antenna. Aereo argues that this method works like the perfectly legal antennas and DVRs that anyone can buy off the shelf.
    Services like Aereo gravely undermine the business model for local broadcasters. If the Supreme Court finds Aereo to be operating legally, as most lower court rulings have so far, then big cable and satellite companies that currently pay hefty retransmission fees might stop paying and set up Aereo-like systems instead.
    In fact, some distributors have already held talks with Aereo about possible partnerships.
    Aereo, in a statement of its own, sought to frame the case as one about consumer access to innovative technology: "We have every confidence that the Court will validate and preserve a consumer's right to access local over-the-air television with an individual antenna......"

    Sentiment: Strong Sell

  • Reply to

    CNN Money Article

    by daninfw04 Jan 19, 2014 2:54 PM
    daninfw04 daninfw04 Jan 19, 2014 3:00 PM Flag

    "Chet Kanojia, Aereo's CEO, added: "The broadcasters are asking the Court to deny consumers the ability to use the cloud to access a more modern-day television antenna and DVR. If the broadcasters succeed, the consequences to consumers and the cloud industry are chilling."

    SCOTUSBlog, the Web site dedicated to coverage of the high court, said the case will probably will be argued in April, "the last sitting of the term."

    Aereo launched on Valentine's Day 2012. at a splashy press event in New York, helmed by Kanojia and one of his investors, former Fox network president and current IAC (IACI) chief Barry Diller.

    Diller said the service "pries over-the-air broadcast television out of that closed system" of cable and satellite distribution. He hinted that Aereo could someday deliver a wide range of television shows -- not just local stations -- to subscribers via the Internet, rivaling cable companies like Comcast.

    Shortly after Aereo launched in its first market, New York City, the owners of most of the country's major broadcasters --including ABC (DIS, Fortune 500), CBS, Fox, and NBC (CMCSA, Fortune 500) -- filed copyright infringement lawsuits.

    The legal action continued as Aereo expanded to new cities like Boston. But courts have mostly sided with Aereo, leading to the broadcasters' appeal to the Supreme Court. "

    Sentiment: Strong Sell

  • Reply to

    CNN Money Article

    by daninfw04 Jan 19, 2014 2:54 PM
    daninfw04 daninfw04 Jan 19, 2014 6:04 PM Flag

    I stated earlier I didn't respond to several posts that I didn't concur with and have read all the messages on SBGI, MEG and NXST as well as others. Lots of good discussion. Marcie Ryvicker who did the Wells report is not highly thought of by me and many others. Keep in mind these stocks in this sector continued to fall after the report. Several on the SBGI board dismissed the Citi report but I find it more accurate. The vast majority of experts didn't think the Supreme Court would even take up the case. They were wrong. Again, as of this minute I don't have a cent invested short or long this sector. For the past week this has been a falling knife. I would rather buy GTN at $13 next week if it has bottomed than buy at the open Tuesday and see it go down to $10. I would add something that I have said for several decades now. Perception IS reality when you know no other universe. For the next 3-6 months it doesn't even matter who wins in July. How's that for a statement? Are you willing to invest in this sector when the Liberal Supreme Court full of atheists, gays and womanizers rules on this case? I wouldn't even begin to guess how they will rule. The market doesn't like uncertainty. Spectrum and retrans drove this sector to the moon. Retrans is now under question. Billions and billions in recent M&A will fall apart and financial projections that were used to fund them could be tossed out the window. Several of the posters you mentioned and I will not name them challenged me before and said the Aereo issue was nothing to worry about. Glad about that. Were they right? It's already cost investors 10-20% last week. Yea, I think they might post some contrary opinions. GLTA DaninFW

    Sentiment: Strong Sell

  • Reply to

    CNN Money Article

    by daninfw04 Jan 19, 2014 2:54 PM
    daninfw04 daninfw04 Jan 19, 2014 6:15 PM Flag

    I have to mention something else. The statements that retrans will not be effected regardless of the court ruling.......what? Retrans is paid per subscriber. If a cable company, Telco or satellite company starts pulling the signal to individual antennas for each and every one of their subscribers instead of the way it's done now.....they will owe the broadcasters nothing. Zero. Nada. And do you think it will take them years to do this? 6 months at the most. I haven't read all the contracts but even if iron clad and they have to keep paying for 1-5 years until current agreements are up......as each contract expires, retrans will go to zero......either immediately, 6 months from now or 1-5 years from now. Will the local broadcasters and national broadcasters re-invent themselves? Hell yes. Do you want to invest in this sector not knowing what the future holds? Thousands if not millions of investors are asking themselves that question right now. This sector is dead money right now.....other than day trading once we stabilize. I sure don't see any more new 52 week highs till after July.......and maybe a 50% drop. DaninFW

    Sentiment: Strong Sell

  • daninfw04 by daninfw04 Jan 19, 2014 6:47 PM Flag

    I posted this on the GTN board 10-31-13------I think I was right. DaninFW
    "

    Aereo Threat
    .

    Value hit the nail on the head the other day when this sector first started to crash. The market views the Aereo threat as very real apparently. I've done a lot of research last few days. This sector has rocketed up mainly on the retrains issue. The $3 Billion expected in 2013 is expected to rise to $6 Billion+ in 2018. Double in 5 years. Aereo continues to win in court every single time. Many of the top broadcasters want the Supreme Court to rule. Dish, Charter and Time Warner are all considering their own versions. Time Warner is even considering buying Aereo. The day after this report 2-3 days ago, the next day the WSJ had another article on Aereo and their growth plans. This threat IMVHO is very real. Everyone has thought that ultimately the broadcasters would prevail. I am not sure and neither apparently is the smart money. When three of the biggest cable operators are looking into getting in.......and they have hundreds of lawyers that apparently think it viable, it may be time to think about exit strategy. We may have to worry about the current $3 Billion in retrains much less it doubling. It could almost all go away. I believe all of the broadcasters, ABC, CBS and NBC and others have said they would go cable only if this was to happen. The current broadcast model may soon be broken. Don't mean to be an alarmist but facts are facts. Anyone not familiar with this go to TWC news and read and listen.......DaninFW"

    Sentiment: Strong Sell

  • Reply to

    10-31-13 Posting

    by daninfw04 Jan 19, 2014 6:47 PM
    daninfw04 daninfw04 Jan 19, 2014 6:53 PM Flag

    In response to not responding on the SBGI board......I don't play SBGI anymore and shouldn't post there. I play GTN and EVC currently. I have already responded to issues brought up on 10-31-13 on the GTN board under "Aereo Threat" heading. Nothing has changed since then that would make me respond differently with exception that I have been right. DaninFW

    Sentiment: Strong Sell

  • daninfw04 by daninfw04 Jan 20, 2014 8:40 AM Flag

    Yahoo in their infinite wisdom deleted the article you pasted. I read it and again is just opinions. At the bottom of the paste there were 3 other articles.......all 3 much more favorable to Aereo and one said it could cause a tectonic shift in the industry. I will not presume how this will end. That is my point. Nobody else should either. Thanks. It is this uncertainty that will keep investors much less aggressive in bidding up the price of this sector till July IMVHO. DaninFW

    Sentiment: Strong Sell

  • daninfw04 by daninfw04 Jan 21, 2014 9:59 AM Flag

    The Moody's article that came out at the opening bell is also dropping sector again today. Nothing most if not all of us already new.......this isn't a presidential year. However, it was written as a negative article. Just more fuel on the fire. Everybody wants to jump on the party wagon now. Looking more and more like the 10's very soon now. DaninFW

    Sentiment: Strong Sell

  • daninfw04 by daninfw04 Jan 21, 2014 10:09 AM Flag

    I said EVC would see $6 before $7 about 2 weeks ago. It hit $6.02 Friday and just traded at $5.97.......now ready for my next opinion. I see $5.50 before $6.50.........I am saying this before the presentation today. If the presentation doesn't excite investors this puppy could see $5........DaninFW

    Sentiment: Strong Sell

  • Reply to

    $5.97

    by daninfw04 Jan 21, 2014 10:09 AM
    daninfw04 daninfw04 Jan 21, 2014 10:41 AM Flag

    I don't see $2.50 but we could be well below $5 by EOM. EVC holding at $6 till presentation in 19 minutes. Should be interesting. Stock has dropped after last 3-4 presentations. If they didn't change their format....will do it again. DaninFW

    Sentiment: Strong Sell

  • Reply to

    $5.97

    by daninfw04 Jan 21, 2014 10:09 AM
    daninfw04 daninfw04 Jan 21, 2014 11:21 AM Flag

    Once again crashing after presentation. They always leave more questions unanswered than answered. I can't even get on the presentation. The website says to load a Silverlight program. When I load it....it tells me I already have it loaded.....which I knew to begin with. These guys are bragging about mobile and digital and they can't even figure out how to let investors view their presentations. Quite funny actually. DaninFW

    Sentiment: Strong Sell

USCR
23.61+0.04(+0.17%)Apr 15 4:00 PMEDT

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.
Comverse, Inc.
NasdaqGMTue, Apr 15, 2014 4:00 PM EDT
Herbalife Ltd.
NYSETue, Apr 15, 2014 4:01 PM EDT