How are they going to turn Kmart into Macy's, and when they become similar to HHGreg and Best buy what is going to drive sales.
The company got the supercharged growth by selling to marginal credit risks and claiming that they could manage the risk.
Once they are only approving better credit risk how will their sales move in a different direction than all of the other similar retailers seemingly stuck in the mud.
If you want to get an idea try and find out how much store sales have been increasing over the past few years without the companies own credit card, with just cash and third party cards.
If this is your entry point there might be a few buck to be made on a small bounce back, but if your buy is much higher, sell take the loss and take the loss against a gain this year.
What change are you talking about?
It seems as though you are trying to make it seem like I am looking for some big change. HAHAHA
I am looking for the same thing that I have been looking for during the last year, 15-20% sales growth. As long as that continues the losses will take care of themselves.
After all the company has grown from huge lasses, to continually shrinking losses, to 2 years of reporting a profit and the next step is cash flow positive.
In the last five years how many years has the cash flow loss grown???
Is that kinda like 99% perspiration and 1% inspiration?
Something that means absolutely nothing, but since you are using pretend percentages it almost, but not quite, gives the illusion of legitimacy.
Oh by the way the caps and exclamation point the statement must be true. too funny.
After all of the #$%$ you sling you are finally telling people to do research. heheheheheh
Must be another day without any new information.
a board troll is going on and on about insider buying.
One of the oldest lines in the world. How enlightening
Still completely pathologically unable to admit you made a mistake with the 7% increase number.
This is just too funny.
Like shooting very dumb fish in a barrel.
As I have already posted many times , I have talked about negatives in the past.
Of course on the other hand it appears you are reverting to your junior high debate tactics. After All I asked you first if you had said anything positive in you 25 years on the board and all anyone heard was crickets chirp.
Here is a quote from Sept 23 for ya fool " on the other hand the degradation in the margin this quarter caused the stock to give back most of the pop from earlier this month."
There are quite a few other measured posts before the board trolls just wouldn't stop posting the same garbage over and .
Of course after mentioning that Fat Mikey noticed the drop in margin (how he could have missed it before that is mind boggling, he might have been too busy doing his old cut and paste)and started posting about it.
Of course neither he nor you want anyone to look to deeply at why the margin numbers did what they did. The 400,000 or so drop in gross can be covered by the one time charge of 410,000 for a settlement.The 380,000 in lease charges show the gross profit would have risen if the machines had been financed as in the past.
Run the revenue up to 12.6 to 12.7 million for next quarter and get another 100,000 in gross to go towards the full lease bills and finally hope that the 132,000 charge against SGA for bad debt is a one time item like the 410,000 and the company is getting closer to matching last years gross profit with the quarterly lease price included.
It will be interesting to see if they can finally get the gross higher by the fourth quarter or the first quarter of next year.
Repeating the line I used to show how stoooopid you are a true board classic .
It was you who said last four quarters as if you had the annual increase.
I let you look like the putz that you are for a few days while you kept repeating it before I pointed out why exactly you were wrong.
Keep swinging for the fences with the childish twists, don't worry everyone will realize what a super genius you are. ROFLMAO
What do you have selective memory lets take a look back at your own posts
Sept 7 2014-Fat Mikey-"Last four quarters 4% +4%-1%=7%"
This is so easy and so fun.(notice four quarters with only three numbers, duhhhhh)
You just cannot admit that you were wrong . HAHAHAHAHAHAHA
Gee are you finally realizing that a D-bag like you chases any rel discussion on the board away, wait a minute the board troll does not any real discussion about the company, not on his board!
Doodie head, I know you are but what am I, you are not being as simple minded as trying to just turn around the question I asked you first?
What's the problem, after 20 years on the board can't find a single positive post?
If you want to see balanced posts by me with both positive and negative statements about the company, all you have to do is look back at my posts before the board troll got my attentions by whining like a little child, posting the same things over and over while constantly lying.
By the way were all the capitalized words supposed to lend weight to your post.
All anyone has to do to get a bead on you is look at your screen name and look at yesterdays useless post about the stock being down over 3% for the day.If you had not made the post at 10 am and had waited until the end of the day there might have been a chance that you would not have seemed as big an idjut.
I was not aware companies had to be perfect.
In addition i was not aware that the performance or lack there of should be laid at the feet of one person.
I know acting familiar is one of the main tropes in the message board playbook, but you fools are really beating it to death.
You might also want to lay of the 25 year rants , it makes it look as though you cannot find anything wrong with the company in this century.
I am always willing to discuss the pluses and minuses of a stock with people on a board,but when I run into board trolls I have no problem engaging. It is usually pretty simple because they are all so similar, with hugely narcissistic personalities and an almost pathological unwillingness to admit mistakes.You must know as well as I do that people who post 20 times a day, even with no news on the company being out their are very likely to make more than a few errors.
That is my only real advantage when posting against a troll, find a trolls mistakes, hammer on them and watch them dance around them. I on the other hand have no problem saying that i have made mistakes or even lied on a post or two and even crazier unlike the board geniuses I have even admitted to losing money on some investments.
There are so many real issues that could be brought up about the company, but they are not the end of the world and there are actually some positives that will be there whether someone posts 100 times to try and drown out a post or not.
Don't worry, in the long run i will never be able to have the devotion you fools seem to have to the board, I wiil get bored and move onto another direction and you lifers can take tour bored bake and turn it into a bored.
Completely incapable of admitting you are wrong.. HAHAHAHAHAHA
You put 4 numbers in your original post and represented it as an annual amount.
Now you are trying to go back and pretend you were giving the sales increase number for three quarters.
Why in the world would anyone want the sales increase number for three quarters??
What purpose would it serve?
Your seemingly pathological need to never be wrong makes it very easy for you to look foolish when trying to explain away your errors.
The quarter to quarter sales number as long as seasonal variations are taken into account can help figure out if a companies sales are still growing , but are useless in trying to come up with the annual sales increase.
All you do is is pretend sales went up less for the year than they did.
Comparing the years sales to the prior years sales is how you come up with the sales increase for the year.
Answer me this was the real sales increase number higher or lower than the one you tried to make up???
No need to answer the rhetorical every person that reads the board knows the answer!
Are you upset that I pointed out the FACT!!! that for first quarter of 2015 sales have increased 21% ?
So touchy. LOL
Another great call, now I know why you made it at 10am.
At end of day, another day, stock up 1.32%
It is so funny to see the village idjuts pounce on every move of the stock during a period where there is not any information coming out.
What do you think the sales for next quarter will be 12.6 million, more or less?
Oh wait I forgot sales growth does not matter.. LOL
Yes if you repeat it over and over no one who reads the board will be able to tell that you are not capable of admitting when your wrong, even when it is as obvious as the nose on your face.
Heck everyone knows the other reason that you do not want to mention year over year sales, they are were back over 20% for the quarter.
The Trader Joe's in this area got the Triple Ginger brews the other day and they are already moving.
In addition the stores in this area have added the Dr Better soda to the two Reed's items they are already carrying.Since it is so new it does not seem to be moving as fast as the other product,hopefully that will change in time.
keep telling yourself that is what you meant when you tried to say sales were only growing 7% before.
The problem is, in your explanation of how you got to 7% you gave 4 quarterly numbers, it was not a quarter to quarter call.
Anyone who has passed fifth grade math knows that four numbers only gives you three quarters worth of sales increases as the first number is a base and does not give the increase over those first three months.
It is so funny when I run into a narcissistic d-bag unable to admit any mistakes, all that need be done is bring up the error and watch them try and hem and haw their way around it.
It then becomes pretty obvious to anyone reading the board what a fool that person is. LOL
Mikeys whining because someone is willing to go post for stupid post with him on the board, WAHHHHHHH!!!
Don't worry , eventually I will tire of playing this game with the board tool and will move on to something else and he will still be on the board talking about the fifty year history of the company.
I can see it now in 2016 he will be whining about how 3 or 4 dollars a share is still lower than the thousands it used to be worth a SHARE.
Still cannot admit he is wrong about the 7% number.
All Fat Mikey needs to do to see the board narcissist is look in the mirror.
Repeating the same cut and paste garbage hundreds of times is not focusing on the facts, it is trying to beat the board into submission and prevent any ideas other than your own appearing on the board.
It is very funny you never seem to want to address whether the cash burn is shrinking.
Because if it is the idea of generating free cash flow is anything but theoretical.
The continued sales growth is what is making the cash burn shrink, the reason fat mikey wants the sales to grow at only 7% is that at 20% the company is not that far from positive cash flow.
I take it that you understand basic math if you see where Mikey's math has to be wrong , but my biggest point is that he is such a narcissist that h e can never admit being wrong or making a change and is incapable of changing an opinion on anything, no matter what the facts tell him.
You go ahead and keep posting about the 95% 5+ year drop as you know you cannot post about that in the 5 year time frame.Keep posting about the 80 year history of the company even though the records as a publicly traded company don't go back that far and keep acting as if you know little stevie forbert all the while claiming not to have a personal axe to grind. Don't worry none of that make you seem foolish or childish.
Yes you are right about the sales growth the 21% growth in the first quarter with guidance for 20-26% growth for the year is quite a bit lower than last years 18.9% right?