Tue, Jul 22, 2014, 10:43 PM EDT - U.S. Markets closed

Recent

% | $
Click the to save as a favorite.

Raymond James Financial, Inc. Message Board

firstcltrlvr 130 posts  |  Last Activity: Jul 16, 2014 4:05 AM Member since: Nov 1, 2007
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • Reply to

    Patience: RNDY Will Hit A New 52 Week LOW

    by firstcltrlvr Jun 26, 2014 2:34 PM
    firstcltrlvr firstcltrlvr Jul 16, 2014 4:05 AM Flag

    I'd have to say at this point the bias on RNDY is to the downside. If you have watched the movement of the stock it has been rising on light volume and sells off on higher volume which tells me the RSS is weak. It is way too early to say RNDY is going to zero. They still have some ammo which would buy them time to right the ship however the clock is ticking, and we're only about eight weeks max before heading into the pre-holiday doldrums. GL Tom

    Sentiment: Sell

  • Reply to

    Patience: RNDY Will Hit A New 52 Week LOW

    by firstcltrlvr Jun 26, 2014 2:34 PM
    firstcltrlvr firstcltrlvr Jul 15, 2014 5:24 PM Flag

    I covered from $7 at $4.85 post earnings. I believe the stock was at $6.46 just prior to Q1 earnings. I am short now from $5.50. I try to guide the board in the right direction as I know this company very well, and management knows I do. I walk into a Mariano's and most of the time someone from the store management team is not far behind. I know what I'm looking for and at this point I'm just not seeing it. I recently handed out $5 Mariano gift cards to the six best associates at the Mariano's in Buffalo Grove whom I felt are and hopefully will continue to bring Mariano's back to what it once was. My methodology of management and the store management Mariano's now has in place are polar opposites, especially with the millenials trying to sell your products. As far a a "perfect short" there is no such thing. I look for Roundys to sell the Pick and Saves yet in 2014 as the $32M cash currently on the balance sheet has to be running on empty. The market can take this sale I expect two different ways. One, a desperate attempt to once again raise cash for a cash strapped company OR an attempt to raise cash for their now core busisness which is Mariano's. GL.....Tom

    Sentiment: Sell

  • Reply to

    Patience: RNDY Will Hit A New 52 Week LOW

    by firstcltrlvr Jun 26, 2014 2:34 PM
    firstcltrlvr firstcltrlvr Jul 10, 2014 4:11 PM Flag

    Mr.or Ms. #$%$: I've made it very clear in my posts that I am holding a short position in RNDY. I stated " The higher RNDY goes the more I will short" Have a nice #$%$ING day! Tom

    Sentiment: Sell

  • Reply to

    Patience: RNDY Will Hit A New 52 Week LOW

    by firstcltrlvr Jun 26, 2014 2:34 PM
    firstcltrlvr firstcltrlvr Jul 10, 2014 5:18 AM Flag

    A NEW 52 week low should be coming soon now that the FED has announced plans to exit QE by October. What do you think has kept this market so artificially pumped up? All that liquidity the FED has supplied to the market through QE. This economy is still very weak. Forget about last months (June) employment number of 288K jobs added, those jobs were mostly temp positions and part-time work with some new construction jobs added in prime markets. It's not a question of whether or not RNDY hits a new 52 week low anymore, It's now how low will it go. The company has $32M in cash and I'm sure that number is drying up fast, along with a cautious consumer. Tom

    Sentiment: Sell

  • firstcltrlvr firstcltrlvr Jul 8, 2014 7:05 PM Flag

    LOL, you are correct about the demo people everywhere with a lack of customers. Mariano's has become a special event place to shop i.e. the 4th of July, which by the way was the weakest holiday sales circular I have seen from them. Another store which is a Dominick's conversion is Garden Fresh at Buffalo Grove road and Dundee. It is twice the store that Mariano's has given the consumer in Buffalo Grove, and there are many full baskets coming out of this store, one of them mine. I wonder how the relationship is between Mariano's and their suppliers. It seems they are always waiting for delivery. The associates often tell me "It hasn't come in yet." ?????? Tom

    Sentiment: Sell

  • firstcltrlvr firstcltrlvr Jul 8, 2014 5:06 AM Flag

    Watch what is coming out the front door of most Mariano stores. You won't see full shopping carts however you will see the smaller basket carts with sale items or speciality items. Chairman Bob refers to this as "Items per basket" during his CC. This number is dropping substantially, as the consumer is not shopping at Mariano's for their weekly groceries........"Constant traffic?" You might want to check out the Mariano's Bowling Lanes in Buffalo Grove.

    Sentiment: Sell

  • I get alerts from Seeking Alpha and that is what they are stating. They also call Roundys a .......Restaurant??

    Sentiment: Sell

  • Reply to

    Patience: RNDY Will Hit A New 52 Week LOW

    by firstcltrlvr Jun 26, 2014 2:34 PM
    firstcltrlvr firstcltrlvr Jul 2, 2014 3:49 AM Flag

    LOL. Buffalo Grove is a Bowling Alley on most days. A customer at the meat and seafood counter told me, "I'm going back to Sunset Foods" and that's a fact Jack. Tom

    Sentiment: Sell

  • firstcltrlvr firstcltrlvr Jun 30, 2014 8:02 PM Flag

    DJ: Roundy's now Mariano's still can sell the pick and save stores in it's last gasp to raise cash. You are correct in Chairman Bob wanting to get as many stores as he can up and running. The problem is not many of especially the Dominick's conversions are coming through with the anticipated margins. I don't think Bob Mariano or many others thought this economy would remain this weak for this long after the 2007 crash. Jobs, yes jobs have gotten better in the raw number data however look at the quality of the jobs being offered they're terrible resulting in a weak consumer. Another problems with Mariano's is that in the early stages of the company (about 2 years) they alienated a large number of associates with great talent in their assigned departments, with lies about compensation and politics, forcing these employees to go elsewhere. Today Mariano's wishes they had many of these employees back. Tom

    Sentiment: Sell

  • firstcltrlvr firstcltrlvr Jun 27, 2014 9:27 AM Flag

    Roundys has $32M in Cash. Roundys has $713M in debt. Sell the Pick and Save stores along with other possible assets. Payoff the Roundys debt of $713M, and let Mariano's stand alone. Private equity could then buy a much improved balance sheet, that being Mariano's. Private equity could then operate Mariano's or do a IPO for Mariano's. I'm concerned that Roundys free cash of $32M is going to go fast, especially with the rapid expansion of the Mariano's enterprise. I'm saying it's time to fish or cut bait. GL Tom

  • Now is the time Chairman Bob. There have been no acceptable takers for Roundys. You have sucked out as much as you can from Roundys, all that is left would be to sell the Pick and Saves. M&A is at a staggering pace. Private equity would be very interested in Mariano's. It's time to rid Mariano's of the ball and chain that being attatched to Roundys brings. Spin Off Mariano's, reinstate a dividend and watch what happens. Tom

  • The market is looking for Value, not risk and high debt. You can't buy RNDY (Mariano's) on P/E alone and that's what many of you are doing. The U.S. is at a tipping point on whether we will head back into a recession or not. Inflation IS here. Mariano's is having a hard time selling the converted Dominick's to the consumer. Many consumers are still considering the conversions as a glorified Dominick's. If patient and you want to own this company you will get a much better entry point. Tom

    Sentiment: Sell

  • Reply to

    Mariano's Bucktown- I Was Blown Away!! WOW

    by firstcltrlvr Jun 18, 2014 6:59 AM
    firstcltrlvr firstcltrlvr Jun 25, 2014 4:59 AM Flag

    I like the Mariano's Bucktown location. The Mariano's which were converted from the purchase of the Dominick's stores are still a work in progress, with many having a long way to go before being profitable. Tom

  • Kudos to Mariano's. I was in the new Bucktown Mariano's on Tuesday Night 6/17. I arrived at 9:40pm. Cars were still pulling into the parking lot, and after walking through the store I can see why. Everything looked great. The Deli, hot foods, bakery, meat and seafood, produce, Vero (for coffee and gelato), the Bar (Yes, I said the bar) nice size selling beer and wine, and finally the customer lounge ( complete with a very comfortable seating area, electric fire place, and flat panel tv. The gourmet cases looked fantastic, the products in all the pershibles looked very appealing visually for the consumer. The assistant meat and seafood manager was doing a great job, he was actually cleaning the windows of his gourmet cases in preperation for closing, something I rarely ever saw while with the company, usually it's a rush job for the openers in the morning. The store still had quite a few customers for his late. I found the closing store manager and complimented her on how impressed I was with the Bucktown Mariano's. Nice job Chairman Bob, and to all the associates at this location. Tom

  • firstcltrlvr firstcltrlvr Jun 12, 2014 6:54 AM Flag

    Oil is at $106/bbl this morning and going HIGHER. Beef and Pork are high and going HIGHER, along with dairy. We don't have inflation?? BS, when you strip out of the CPI numbers the two things we use the most everyday, food and energy, it's a joke however not one we are laughing at. Tom

    Sentiment: Sell

  • firstcltrlvr firstcltrlvr Jun 12, 2014 6:28 AM Flag

    No, I'm not a bitter ex employee, as a matter of fact I've had offers to return to Mariano's. Yes, in the meat and seafood department, of whatever store they need my knowledge and work ethic the most . The more volume and velocity they can throw at me the more I thrive on the action. If the volume and velocity is NOT there, I would reasses the reasons of WHY? The offer made for my return was generous on behalf of Mariano's, however they know as well as I do that I'm fully capable of running a meat and seafood department for them, minus the fact I am not an "Official" meatcutter, I have done a great deal of cutting and trimming meat, and poultry. I have excellent knowledge of sanitation and cross contamination. I would expect my crew to do the work they were hired for, or they would be GONE. I would like to see the gourmet case look like it once did when I was at the Vernon Hills Mariano's, NOT the pathetic example I recently witnessed. I'm telling you "ericttdavis" Mariano's needs big numbers coming out of the meat and seafood departments, second only to perhaps produce. Without putting up good numbers, and reducing the unnessary shrink they are currently experiencing, along with the lack of customer service so prevelant at many of their meat and seafood counters, I am concerned.......very concerned. Tom

    Sentiment: Sell

  • firstcltrlvr firstcltrlvr Jun 11, 2014 4:58 PM Flag

    "While they execute the transition"......Do you know anything about the retail grocery business? A great deal of margin must come from the perishable departments. Meat and seafood is one of the best perishable departments to upsell the consumer with value added products. Currently, except for a few Mariano's stores the meat and seafood departments are a disaster. There is not enough product being refilled and rotated correctly (FIFO), first in first out. This is resulting in lost sales and high meat and seafood shrink. It couldn't be a worse time for this to be occuring with the input cost of beef and pork so high for the grocers. Only so much of this inefficiency can be passed on to the consumer. Tom

    Sentiment: Sell

  • firstcltrlvr firstcltrlvr Jun 11, 2014 4:46 AM Flag

    So, Mariano's (RNDY) has a piano player and the Titanic had Violin players. There are still many icebergs that Mariano's must correctly navigate through for the ending not to end the same. The stock is a Spec play at best, and a Spec stock should be priced accordingly, currently it is not. When is the company (RNDY) going to stop going to the well to raise more cash which it has repeatedly done, for the cash starved Mariano's? Tom

    Sentiment: Sell

  • firstcltrlvr firstcltrlvr Jun 5, 2014 11:18 AM Flag

    Before stating one word answers "Nope" I would think of reasons to validate your reply. I'll give you another reason to sell or short Mariano's (RNDY). It's called FRESH TYME FARMERS MARKET 211 W. Rand Road, Mt. Prospect. The store is very, very nice. The meat and seafood looked fantastic, produce equally as fresh and appealing, along with the deli. Pricing is very reasonable, in many cases cheaper than Mariano's. The associates were all very pleasant and knowledgeable. I asked the meat counter associate what is the difference between Natural and Organic meat? He nailed the answer head on correct. They are NOT the same. The scary part for Mariano's, is the Fresh Tyme Farmers Market is in the back yard of Mariano's Arlington Heights store #8501.

    Sentiment: Sell

  • firstcltrlvr firstcltrlvr Jun 3, 2014 12:04 PM Flag

    Stay the course shorts. Mariano's (RNDY) is currently in total disarray to say the least. Recent low $4.73. RNDY all time low since going public $3.91. Tom

    Sentiment: Sell

RJF
50.24+0.44(+0.88%)Jul 22 4:02 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.
Herbalife Ltd.
NYSETue, Jul 22, 2014 4:00 PM EDT
Puma Biotechnology, Inc.
NYSETue, Jul 22, 2014 4:01 PM EDT