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U.S. Concrete, Inc. Message Board

daninfw04 230 posts  |  Last Activity: Jul 22, 2014 4:27 PM Member since: Mar 23, 2004
  • daninfw04 by daninfw04 May 28, 2014 1:06 PM Flag

    Last few days we have had a big seller. He usually lets it go up 5-10 cents and then dumps. Good news is we have buyers but every time we pop 5-10 cents he dumps 15,000-20,000 shares. I have watched closely last few days and this pattern has been constant. However, about 30 minutes ago he drove it down to $5.09 but dumped about 50,000 shares at $5.10 and now we are moving up at $5.17 as I type this. Now $5.18. This type of trade usually indicates the big seller just unloaded the last of his dump. Now $5.19. Entire sector has been relatively strong last few days and up 3-4% today on a down day. Now $5.21. Looks like he might just be gone. Unbelievable. Going up faster than I can type. Now $5.25 DaninFW

    Sentiment: Strong Buy

  • daninfw04 by daninfw04 May 27, 2014 2:04 PM Flag

    The disappointing earnings release from AZO this morning does not bode well for PBY on 6-10-14. Should test low 9's again. I knew AZO was reporting today which is another reason I sold PBY on Friday. The jump today makes no sense. DaninFW

  • daninfw04 daninfw04 May 27, 2014 2:00 PM Flag

    As I said at the time, on that day there was a 60,000 share block at $4.82 and within 2-3 minutes it was above $5 again.........There may have been less than 1,000 shares traded below $5.82......I was watching all trades at the time. It is possible 100-200 shares hit $4.72......and I think the numbers got transposed ($4.27 instead of $4.72),,,,,,,,,,,looks like the records are going to show $4.27 but my money says $4.82 was the actual low because again, less than 1,000 shares traded below $4.82. Just FYI DaninFW

    Sentiment: Strong Buy

  • daninfw04 by daninfw04 May 23, 2014 4:05 PM Flag

    Sold 30,000 PBY today at $10.36 for a profit of about $16,240 for holding just 2-3 days. Will buy again below $10.82...........just FYI. DaninFW

  • Reply to

    $30+ Soon

    by daninfw04 May 22, 2014 5:49 PM
    daninfw04 daninfw04 May 22, 2014 11:45 PM Flag

    Boy I missed that one. It was Whipporill that is the largest holder of USCR stock, about 20% of shares, that sold the 200,000 back to the company. DaninFW

    Sentiment: Strong Buy

  • Reply to

    $30+ Soon

    by daninfw04 May 22, 2014 5:49 PM
    daninfw04 daninfw04 May 22, 2014 8:43 PM Flag

    I think USCR next 90 days will see $29-30 and if so, the USCRW's
    should be worth about $11-12.....and the USCXW's should be about $7-8..........I might be tempted to sell at those prices but many other factors also come into play. Depending on news at the time I might sell half and keep the other half for $36.target for USCR. That would add another $6+/- to each warrant. At $36 we could see $14 on the USCXW's which would be more than a four bagger for me. DaninFW

    Sentiment: Strong Buy

  • Reply to

    $30+ Soon

    by daninfw04 May 22, 2014 5:49 PM
    daninfw04 daninfw04 May 22, 2014 8:38 PM Flag

    Yahoo deleted the last message with several replies just because a spammer forwarded it. It had a nice thread started. I am going to do some extensive research on the warrants. I did so about 18 months ago when stock was under $10 and I was worried that the company would get bought out for less than the strike prices. I remember a formula where warrant holders would get x amount based on the buyout price in event of a takeover with x amount given for amount of time left on the warrants. For a long time that's what it looked like we might get as it was supposed to never have even had a market for the warrants. There is actually detailed instructions of how you send your check for $22.69 or $26.68 per share to the company and they would issue the stock certificates. Never looked like we would ever get anything for time value. I hate saying this without researching but there may be no time value if they got bought for more than strike price. In other words we might only get the difference in strike price and purchase price. That could be a danger. For instance, let's say you own the USCXW warrant and company gets bought out for $32 a share. The strike price is $26.68 so you would only get $5.32 but the warrant may be trading for say $8-9 at that time. You would lose the time premium. I will research and get an answer to that next few days. As for HOV, I am actually thinking of taking a position. I am out of SD at present but had an order in for $6.48 two days ago where it traded that low but didn't fill. GLTA

    Sentiment: Strong Buy

  • daninfw04 by daninfw04 May 22, 2014 5:49 PM Flag

    The company's announcement to buy back $50 million in their stock IMVHO was designed to take out large sellers that have been dropping the price. They just announced they bought 200,000 shares at $24.12 in a private purchase. Mackay Shields was once one of the top holders and has been dumping for several quarters now. They dumped 683,513 shares from 1-01-14 to 3-31-14. They only had 204,475 shares left. I believe they were the sellers of the 200,000. The purchase of an even 200,000 was designed very poorly to hide the identity of the seller. It is interesting to note that institutions and funds added a total of over 1,553,000 USCR shares in Q1 and that includes the Mackay Shields large dump. A lot of people are loading up on USCR. USCR stock is now owned 82% by institutions. The float is going to dry up faster and faster and those buying will have to pay more. The $50 million buyback oddly enough is about equal to the number of shares covered by the warrants. When the strike price is exceeded by both and if the warrants are exercised at say $36 a share then the company receives the money in the amount of.........just over $50 million dollars. HMMMMMMMMM This tells me that the company expects USCR stock to be going up soon and they want to retire as much stock as will be newly issued. By buying at the right time in the stock buyback with a very thinly traded stock they can give it momentum. If they take out all the big sellers we can only go up. Again, I am buying all the warrants I can below $3.55........may not see that again. DaninFW

    Sentiment: Strong Buy

  • daninfw04 by daninfw04 May 22, 2014 1:50 PM Flag

    Just for the record, truth, you are always talking about how EVC doesn't control Univision content. That is absolutely no different than any other broadcaster. SBGI, GTN, LIN, NXST, MEG, etc. etc. have no control over the ABC, CBS, NBC, FOX, CW, etc. etc. that they carry as far as digital or mobile rights. It is a non-issue. If any of them did have control it would be different. Nothing has changed in decades. DaninFW

    Sentiment: Strong Buy

  • Reply to

    2008 versus 2014

    by daninfw04 May 21, 2014 10:02 AM
    daninfw04 daninfw04 May 22, 2014 1:28 PM Flag

    The big write on in 2013 that you constantly refer to was the result of getting back some of the amount written off for value of licenses and goodwill. DaninFW

    Sentiment: Strong Buy

  • Reply to

    hi Dan

    by tony345388 May 21, 2014 11:02 PM
    daninfw04 daninfw04 May 22, 2014 8:42 AM Flag

    Haven't played PBY in probably a year or so. Interesting you should post. I just bought 30,000 PBY at $9.81-$9.82 last two days. Had another order in for 20,000 at $9.75 yesterday. You have read my posts for years. I have never lost money on PBY since 1994. If it dips again today I will buy more. Real estate alone is worth $9-10 a share. I was impressed with the Schedule 13 filings where funds and institutions added another $2.76+/- million shares last quarter. It isn't just Gabelli buying. This has been a perennial takeover target since early 1990's. PBY has the worst management team in the sector. I also don't look for quarterly report on 6-10-14 to be good at all and plan to trade out before then. If I don't get out I will just average down. The big boys are keeping the price up for a reason. If they would just get rid of O'Dell the stock would pop $2+......Daninfw

    Sentiment: Strong Buy

  • Reply to

    Message boards

    by contra_guy May 21, 2014 4:19 PM
    daninfw04 daninfw04 May 22, 2014 8:34 AM Flag

    Will look but just FYI I bought 30,000 PBY at $9.81-$9.82 yesterday. Had another order for 20,000 at $9.75 that didn't hit. Have never lost money on PBY since 1994. Have had to hold for as long as a year before but never lost. DaninFW

  • Reply to

    Message boards

    by contra_guy May 21, 2014 4:19 PM
    daninfw04 daninfw04 May 21, 2014 4:24 PM Flag

    So explain to me why you read these message boards if they are worthless? I have learned tons from these message boards. There are much brighter people on here than you my friend. Take your advice and read a book. DaninFW

  • Reply to

    2008 versus 2014

    by daninfw04 May 21, 2014 10:02 AM
    daninfw04 daninfw04 May 21, 2014 2:53 PM Flag

    You just took the bait and fell into my trap. You didn't bother to mention what caused the $5.84 loss which is pretty much the same thing that caused the big gain in 2013 that you constantly compare 2014 and 2015 to.....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

    EVC - Past valuation trends in media cycle

    by truth.monger May 20, 2014 1:25 PM
    daninfw04 daninfw04 May 21, 2014 9:31 AM Flag

    The only comment worth making is your statement of EPS trending downward 2013-2015......again, 2013 was a bogey with a one time game. You are once again picking and choosing apples to oranges. DaninFW

    Sentiment: Strong Buy

  • Reply to

    EVC - Past valuation trends in media cycle

    by truth.monger May 20, 2014 1:25 PM
    daninfw04 daninfw04 May 20, 2014 2:20 PM Flag

    Truth, once again you are on the 2010 vs 2014 bandwagon. You are comparing apples to oranges. You give no credit or debit to what has happened in last 4 years. Revenue alone is up almost $100 million. It's a wonder the stock was even 18 cents in 2010.......
    EVC LOST $5.84 EPS in 2008.......which is more than the current stock price.
    EVC in 2009 LOST 60 cents EPS per share.
    EVC in 2010, the year you are so fond of, LOST 21 cents per share.
    In 2014 IMVHO EVC will EARN over 50 cents with $70 million+ in free cash flow. Try to explain that my friend. When you have had 5-6 or more years of losing money it's hard to get people to invest again. Investors see now that they are profitable. Go back and research all the new content that has come out in last 4 years. Forget next 4 years. EVC is up after 4 years with everything that has come out new. Story will remain the same. DaninFW

    Sentiment: Strong Buy

  • Reply to

    Univision

    by daninfw04 May 17, 2014 2:57 PM
    daninfw04 daninfw04 May 19, 2014 7:49 AM Flag

    I'm an avid reader and read virtually every financial magazine out there, Fortune, Forbes, Money, BW, WSJ, Barrons, etc. I also have set up alerts from several different brokers that I use. Believe it or not, many articles come up on Google Search/Finance where many times articles from different newspapers show up and nowhere else. I also use SEC website and the nasdaq website where I get schedule 13 info, charts, stock consultant, insider info and many other valuable insights. Probably my favorite. Over 40 years doing this doesn't hurt. Thanks for kind words. DaninFW

    Sentiment: Strong Buy

  • Reply to

    Univision

    by daninfw04 May 17, 2014 2:57 PM
    daninfw04 daninfw04 May 18, 2014 3:16 PM Flag

    I would add that there will reach a point that mobile and digital will have to evolve or will lose interest. I personally hate it now. If I forget to DVR something when I travel I have to watch it "On Demand" or on my laptop. I am forced to watch 3-4 minutes of commercials every 5-7 minutes. I don't think young people will do that for long. When they start cutting back on commercials to attract more viewer's they lose ad revenue. The Aereo deal is the only thing of concern. It is an unknown. Broadcasters still have plenty of options if ruling goes against them but if Aereo wins many will dump immediately regardless of what might happen down the road. I also believe local broadcasters have much more to offer. When they cut the Oprah Winfry show and she went to cable......what happened? The cable channel failed. That's what happened when she got arrogant and started her own channel. Now we have the Chew. Local broadcasters are making much more money without having to pay for the Oprah show that was way too costly. I would add that I would much rather see a local show with local chefs instead of these chefs in New York that don't know the first thing about what we like in Texas. There will be plenty of content available and cheaper to produce as well if any of the networks go cable. Sinclair has some great wrestling content that they could sell to others as well. Hispanics are nuts about wrestling. DaninFW

    Sentiment: Strong Buy

  • Reply to

    Univision

    by daninfw04 May 17, 2014 2:57 PM
    daninfw04 daninfw04 May 18, 2014 3:07 PM Flag

    In the 1980's I was telling Senators, Congressmen, City Council Members, etc. that cable would be used to control traffic lights and read utility meters and I could go on and on. Hasn't happened after 30 years........it could but it won't. DaninFW

    Sentiment: Strong Buy

USCR
25.66-0.29(-1.12%)Jul 25 4:00 PMEDT

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