I've been in Five below's since they first started opening back in the 90's, and never been in one that wasn't packed with people. Its gotta be a lot harder to grow comps when you open a store and almost instantly its a hit. I just don't see much lag time from when a store opens to when it reaches peak sales numbers based on its demographic. Everything is just cheaper there, trendy, bright, clean, nice atmosphere, you can't go wrong with that.
And these dimwit analysts that just look at the numbers who whine about margins, don't seem to understand that selling trendy products cheaper is their business, why would they have higher margins than other retailers?
You need to sell this right now. At 19, don't be an idiot and let yourself get wiped out to learn the lesson never to invest in pink sheets. You want some advice: Invest in an index fund until you know what you are doing, and get a college degree in business, medicine, law, or engineering.
I made a boat load of money with MJNA from .16 to .47, but realized it was a huge mistake even though I made money, after I caught on to their scam. Its a fraud, management is fraud, and they have done a bunch of shady stock deals from shell companies and claimed it as income.
#1 Product....... Creative acquisitions an sales of 'assets' in the form of all stock transactions received from its former subsidiaries with grossly overstated stock values (Usually very thinly traded stocks trading a few shares a day with obscene valuations, Ex. CANV/Phytosphere). Yes they can somehow record a stock transaction from a shell company as regular income, not sure how its even legal but they got away with it more than once.
Eh, It will be good enough. Its a bit pricey, but store count is growing 20% YoY with no debt, and the stores are nice. No reason this brand not growing to 1000 stores in the next 5 years.
Theres a big problem here that I didnt realize until it was way too late, in that there is no way to tell what went on with this company the past 10+ years, my guess is the corruption has existed for many years and it has been covered up all this time. This is a pure gamble, no one knows what the true asset values are and all that debt looks a heck of a lot worse now that there could be significant markdowns. After the dust clears, the longer terms top could only be $8-9 a sh. There is so much debt, and more planned spending with this historical glut in the oil market, not good... This is going to take years to work itself out which will require a complete reform of Brazilian political system and the way it operates, which is based on bribes and corruption. That will takes years to fix, if it ever happens.
I don't think were quite there yet, interest rates are still 0%, fed could still start pumping money back into the system at any moment if needed. S&P could go to 3000 before we reach a "top". There is no where else to put money right now. I sure as heck wouldn't want to earn .27% with a money market, so people will continue to buy stocks. Never go against the fed.
Would be nice, but it doesn't look like they will be able to pay it. Look at the payout ratio, its over 90% now. It would be stupid if they tried to increase it and id probably think of selling shares if they did.
Ah.... reinvestment, every year shares just keep growing and growing, dividend keeps getting bigger and bigger, all the while BP has been increasing payouts and buying back shares. Even as shares dip slightly below my original buy price at an extreme down cycle in a cyclical industry, I've still made good money in dividends and averaged about 5% gain a year in out of the money covered calls. Will lay off the covered calls for a while though until prices hit extremes.
should be .75/ per sh.... I think by Swiss law it has to be paid, its too late for them to try to cut the next payout.
Better start saving money now, if oil gets to low to mid 30's, my god what an opportunity would that be. No such thing as guaranteed money, except for oil in the low 30's. Id probably start selling personal posessions to buy into oil related businesses if I start seeing 3's up on the board.
Dont pay attention to "USO" ever, it is not an accurate indicator of oil spot prices. A waste of time even looking at it. Its also the worst fund in the world to ever put money into, just give it to me if you want to flush money down the toilet.
When was the last time you could buy RIG at 1/3 book, probably the last time it tripled in a year. Writedowns...... who cares, its so oversold it doesnt even matter at this point.
Id reverse course and just buy the stock. I just dont see a lot of money that can be lost down here, this could be back to 40+ fairly easily in the next two years, maybe sooner.