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Foot Locker, Inc. Message Board

fabricone1 441 posts  |  Last Activity: Dec 19, 2014 1:40 PM Member since: Oct 4, 2000
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  • Reply to

    My opinion

    by jdbaker4272 Nov 17, 2014 10:10 AM
    fabricone1 fabricone1 Nov 18, 2014 10:07 AM Flag

    I am buying as soon as botttom is established there is a technical capitulation here now. This will be on heck of a great buy soon. This company is not going much lower imo.

  • Reply to

    sold too soon

    by brakke_bami Nov 17, 2014 1:07 PM
    fabricone1 fabricone1 Nov 17, 2014 9:44 PM Flag

    GOOD Trade. No worries. Going to 45.Low oil prices and full planes and good aircraft utilization but a stop is a stop.

  • Reply to

    My opinion

    by jdbaker4272 Nov 17, 2014 10:10 AM
    fabricone1 fabricone1 Nov 17, 2014 11:03 AM Flag

    I have a 25% @6.75 and I am thinking of stepping in again . Waiting to be sure this is the double bottom. The oil boom is far from over.

    Sentiment: Strong Buy

  • Reply to

    Funds pulling out carpet. Abort.

    by happytrader_2014 Nov 17, 2014 10:50 AM
    fabricone1 fabricone1 Nov 17, 2014 10:54 AM Flag

    what a panic. lol.

  • GM has extended the deadline to ensure all claims have additional time. New cars are selling well and while this is a tragedy the company is managing it very well and rebuilding trust with the auto consumer base. I just bought a new Corvette and I own an older Porsche 911 which I still love but this truly is a super car and is a high quality , fast and fun ride. I bought the Porsche in 1985 and I believe I will hold this car forever as well.The stock looks like it has absorbed a lot of punishment and is a good buy. So long as no major surprises occur we should climb back over 40 in the next 12 months. I see an anlyst has a target of 48. Nice.

    Sentiment: Strong Buy

  • fabricone1 fabricone1 Nov 17, 2014 10:32 AM Flag

    Thanks for he information. I agree that this is a temporary situation. We are in a state of fear with regard to oil pricing. This is the time to buy prudently while the fools are selling. When situations like this occur one has to examine "who benefits " and why do they benefit and from what action ? I will not share my thoughts on this as I would sound like a conspiracy theory nut case but I believe OPEC will take command of pricing again in the first quarter latest. And buy that I mean cut production. The over supply is over stated currently and this will dissipate by the end of February or even sooner. IMO.Geo Political issues are the fear factor and they will be abated as we are talking about too much money slipping through the cartels fingers at this point.

    Sentiment: Strong Buy

  • fabricone1 fabricone1 Nov 17, 2014 10:17 AM Flag

    I believe these type of investor conferences can really help. They expose the company in many times to a whole new group of investors that are searching for emerging companies with a good story about the prospects going forward. We already know that story and it is a good one from off the $7 lows. It is a better company today in many ways than it was when it was selling over 20 and there is no reason it does not return to that level in the next 12 months for a double from this level. Companies with no growth prospects do not go to conferences like these. I like it. We are at a stage 2 in this turnaround That is stability and we are ready to launch real growth again as we are entering stage 3. Back logs are developing very, very well. Stage 3 will drive revenue and EBITDA growth at an accelerated pace.This is still a very good entry point.

    Sentiment: Strong Buy

  • The market timing is shedding momentum . I like profits. I see the trend as not broken for this stock but I believe I can buy it cheaper in the future. I like the company and I love the recent results but I can use the booked profits.

    Sentiment: Sell

  • Reply to

    Waiting for the RIGHT SHOULDER

    by aiwal1 Nov 14, 2014 2:17 PM
    fabricone1 fabricone1 Nov 14, 2014 3:18 PM Flag

    Do not be conned by the earnings. Free cash flow is over 90% of the EBITDA. This could esily move up $50 in a day or two. Be careful if you are short.

    Sentiment: Hold

  • fabricone1 fabricone1 Nov 14, 2014 2:58 PM Flag

    This is an over priced stock. The food concept is OK but just OK. Operating standards are not consistent like MCD or WEN store to store. This is a common problem for franchise operations that do not have a lot of cash on the balance sheet to invest in support infrastructure. Negative free cash flow here does not speak well to the short term. Could they turn it around ? I think so but there really is a valuation issue with the kind of performance they are currently putting up. What is the buy side catalyst ?

    Sentiment: Sell

  • Reply to

    This probably has nothing to do with it...

    by biglorb2 Nov 14, 2014 10:37 AM
    fabricone1 fabricone1 Nov 14, 2014 2:46 PM Flag

    Opinion from my side is that the volume on the buy side needs to go into aggressive accumulation until it hits 13 + or so. Very strong resistance in the 11.50-12.50 zone. The company may need a couple of more quarters of blow outs and we can see it so long as the backlog flow through continues to be strong. Really no reason for it not to follow through. Hutter staying with the company speaks volumes about the prospect looking forward.

    Relax and buy the dips.We are going to clear these hurdles and shorts could lose their ability to cap the bid.We need some new strong demand and that will come from the improved fundamentals that are continuing to gel. We must remember this management team stone walled and blasted their shareholders 6 months age. A lot of trust was breached and it takes time to get romantic after an event like that.

    I am now profitable but I will leave if we can not move up at least 10% in 6 months. Bet I do not have to sell. This is a demand based business model and we are in a very good zone. The over all economy is improving and a big spike is coming due to the oil pricing crisis. Look for a GDP improving to 4%. This will invigorate the entire market. I am looking for the potential of a nice December Rally. November should end up nice as well. A lot of managed funds are looking for some help now so money flow should look good.

    Sentiment: Strong Buy

  • That was my 3rd profitable trade. I did not short it and thought about getting back in after earnings. This thing is so TOXIC right now I believe we need to see the low tested again. Frankly, I am not sure I would buy it even then. I am not certain that we will not see some more write downs. I wonder who told Paulson to escape so lucky ????? This smells more than a little bit. I do not short stocks near their bottom but as I said the worst is not over here in my opinion.

  • fabricone1 fabricone1 Nov 14, 2014 2:22 PM Flag

    Things that are not going to happen
    #1 TPLM not going away
    #2 Oil prices can not stay below $72 for a protracted period of time
    #3 Anyone shorting at this level below $8 is playing for fractions and will not get rich on this trade.
    #4 Strong longs will not lose money longterm

    Sentiment: Strong Buy

  • Reply to

    Topped out?

    by icdcweb Oct 23, 2014 10:14 AM
    fabricone1 fabricone1 Nov 14, 2014 2:15 PM Flag

    we should hit the mid 40's area.

    Sentiment: Strong Buy

  • I see these panic pleas for longs who have held this stock and bought on dips that the shorts already have covered countless times why we sell now ? The PEG ratio is only 1.30 even at this higher price. Going for a new higher all time high. Thanks for the dividend as well. What a company. One day the valuation will go to a PE of 20X.

    Sentiment: Strong Buy

  • Reply to

    Hedging fuel costs now??

    by artsbest Nov 13, 2014 2:38 PM
    fabricone1 fabricone1 Nov 14, 2014 1:14 PM Flag

    I do not know but I would guess a little of both. Either way strategy of lower prices and seat mile margins and revenues are enhanced big time. This should already be at $45

    Sentiment: Strong Buy

  • ISS wants to go to war with SA. Time heals all wounds. THE Saudis need the US not just as a customer but as an ally . Pricing will be what pricing will be for a short period of time. The economy is going to improve World wide and cheaper oil certainly is going to propel the worlds best economy and that is the USA. When the numbers look like a 4% rate is forming the boom is going to be big for the markets and the Saudis will raise the prices. Oil is the economies juice and this is going to turn a lot of economies around.I am not feeling much pain at this point. I am looking for value. Oil is not on my current buy list but it is getting very interesting. The blood in the streets thing is literal now.

    Sentiment: Hold

  • the prospects at some point may favor an acquisition. In the event that there is a strong quick reversal it will crash right through stops. The shorts would be very exposed in that event. I do not see this at this point in time but..........................

    Sentiment: Buy

  • Reply to

    This is for clowns like BEN21

    by ihateonkyo Nov 13, 2014 9:20 PM
    fabricone1 fabricone1 Nov 14, 2014 12:06 PM Flag

    we will see who the clown is and you will not have to wait more than 6 months let alone 6 years.

    Sentiment: Buy

  • fabricone1 fabricone1 Nov 14, 2014 12:02 PM Flag

    At least 12-13. an easy double and it probably will not take 12 months.

    Sentiment: Strong Buy

FL
53.86-4.02(-6.95%)Dec 19 4:07 PMEST

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