Wed, Aug 20, 2014, 6:57 PM EDT - U.S. Markets closed

Recent

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

Raymond James Financial, Inc. Message Board

firstcltrlvr 62 posts  |  Last Activity: 13 hours ago Member since: Nov 1, 2007
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • firstcltrlvr by firstcltrlvr Aug 7, 2014 12:26 PM Flag

    Let's have lunch! You name the place and of course for old times sake.....It's on Tom$$$$$:)

    Sentiment: Sell

  • firstcltrlvr firstcltrlvr Aug 7, 2014 8:47 AM Flag

    dj: I agree, however it's not today and will continue to be a drag on the companies performance. I also believe Chairman Bob stated that revenue from 9 of the remaining Rainbow stores were in the Q2 report. This revenue will be absent from the Q3 earnings. What does this all mean to me? It means that the slack of the company Roundy's has to be picked up by the Mariano's stores in the Chicago market which are not running anywhere close to a swiss watch therefore senior management has decided to bring in AlixPartners. Debt is lower although still high at $710M and the cost to bring the Dominick's stores online was underestimated. Mariano's still has a great deal of heavy lifting to do to turn this company around. It can be done if Mariano's has the right people in place to get the job done and I feel they still have work to do in this area as AlixPartners will communicate to senior management. Tom

    Sentiment: Sell

  • Interesting CC. I was expecting to hear about the " Building Block Quarter and the Weak Consumer" during the CC following the earnings announcement. This is nothing new we have heard it before. I did like the fact that Chairman Bob stated: " We have engaged with AlixPartners a leading global business advisory firm to conduct an extensive review of our business with the goal of performance improvement." Currently when Chairman Bob along with other officers of the company come to visit they are told and shown by store management exactly what the store management team wants them to hear and see. After the visit of Upper management it's another story of how the stores are actually run. I would embrace the opportunity to work with AlixPartners. The performance of so many associates and some current store management is a waste of compensation. The room for performance improvement is enormous and having Alix Partners in house watching what is really going on is exactly what Chairman Bob and other top management officers need.. Tom

    Sentiment: Sell

  • Talk about getting rich quick for a next to nothing investment!!!!! Tom:)))

    Sentiment: Sell

  • firstcltrlvr firstcltrlvr Jul 31, 2014 11:44 AM Flag

    taffy: Several nails are nailing this coffin shut. I have gone into so many in my posts. The company IS broken resulting in it's current pps. It is not just a broken stock however the macro picture for Mariano's (RNDY) has become dire. Tom

    Sentiment: Sell

  • firstcltrlvr by firstcltrlvr Jul 31, 2014 9:25 AM Flag

    The MM's pulled off a great head fake here. RNDY pps was run up the last two days, only for the MM's to reset their short positions for greater gains after RNDY announces earnings after the bell on 8/06. Shorts will not be dissapointed. Tom

    Sentiment: Sell

  • Reply to

    bitter EX employee Tom

    by tucker3210 Jul 29, 2014 2:11 AM
    firstcltrlvr firstcltrlvr Jul 31, 2014 5:03 AM Flag

    LOL. Upper management is talking to you, LISTEN! You were a failure in Vernon Hills and thrown out. You then went to the Elston ave. Mariano's and were thrown out. Now your as close to Lake Michigan as Mariano's can put you, that being Edgewater. If I were you I would put on my rainbow colored bathing suit head to the beach and exit gracefully, before you are thrown into the lake by your superiors. It seems pressure really gets under your skin. CHILL. Tom:)

    Sentiment: Sell

  • firstcltrlvr firstcltrlvr Jul 29, 2014 8:24 AM Flag

    taffy: I agree. Breaching $4.50 should start a domino affect on Sell Stops. Tom

    Sentiment: Sell

  • Reply to

    Lower Highs And Lower Lows Equal SELL

    by firstcltrlvr Jul 28, 2014 3:03 PM
    firstcltrlvr firstcltrlvr Jul 29, 2014 8:16 AM Flag

    DJ: Whole Foods reports Q2 earnings after the bell on Wednesday 7/30. They are the best of breed in this sector. Let's see what their earnings say and what kind of guidance we get on the CC. Tom

    Sentiment: Sell

  • firstcltrlvr firstcltrlvr Jul 29, 2014 2:06 AM Flag

    tucker: Talk is cheap. Put you money on the table and take the other side of the short position I have on. Jeez you whine like a little #$%$! Tom

    Sentiment: Sell

  • Ah yes. The old saying "The trend is your friend" Tom

    Sentiment: Sell

  • firstcltrlvr firstcltrlvr Jul 28, 2014 9:10 AM Flag

    tucker: You are more than welcome to take the other side of the position I currently have on, that's what makes markets. Many people within Mariano's knows I'm short the stock RNDY. This includes Mariano's associates to Store management. Why? Because I have told them and continue to express my concerns of what I'm seeing in their stores. I would cover my position and go long if I see a reason to do so however at this point I do not. The $5 gift cards (6) which were passed out at the Buffalo Grove Mariano's were given to the associates whom are carryng the biggest load, dragging along the slackers and the totally disinterested associates. These employees need to be recognized, something Mariano's in the past had been reluctant to do. As far a the badge I previously wore let me inform you Mariano's has made an offer for me to return. A meat cutter on 7/24 at the Vernon Hills Mariano's came out from the cutting room and asked, "Tom are you coming back, we need a manager" I would rather embrace the challenge of store management, especially perishables. Mariano's is shrinking out too much product, while missing out on sales revenue due to lack of associate knowledge, or just a cavalier attitude among associates. If you would like to know my credentials please contact the now Store Director at the Edgewater Mariano's. This individual once stated, "I don't want Tom to leave he's smart". In retrospect this individual probably wishes the situation did not turn out the way it did. Tom

    Sentiment: Sell

  • Karst knows a true growth story when he see"s one. Rite Aid IS a growth stock and one everyone should take a good look at it As I stated in previous posts Roundys (RNDY)/ Mariano's at this point is still a spec play and at $4.75 it is stil too high for investors to roll the dice. Volume is very low and the price action is reflecting this point. The stock tends to drop on higher volume and rises on lower volume. Everything has a price when the price action of the stock will move on volume to the upside, it's just not here at $4.75. Mariano's like all retail grocers are facing many headwinds especially in a very competitive market like Chicago. On a recent channel check of Mariano's stores on Thursday 7/24 I did not like what I saw, and I brought my concerns to the store director at the Vernon Hills location. He did act immediately to make changes to the problems I brought to his attention. 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 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

RJF
53.03+0.50(+0.95%)Aug 20 4:01 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.