AEO has lost $8.00 a share. The buyback cost them more than it's selling at today. Where's the upside when they're closing stores and burning through their cash? 3.4% dividend is not going to make up your loss any time soon.
and opening outlets with cheap quality is going to effect their business. Once the quality is gone, it's just another K-Mart. They used to have no debt but at this rate I think that will turn around to an even lower EPS. They should not have paid out that one time dividend and used that excess cash to prop us their cash flow and close their non-performing stores. That move backfired and the stock has suffered ever since.
Probably not, but if there's going to be a 20% correction in the market (2014) gold and silver should be a great investment. Hopefully we have seen the bottom and a slight uptick in the next few months should bring CDE back to the 13's soon.
The run-up was just so the big boys could get out. Pumped up with a negative EPS and buyers still were scammed. 18 cents with the reverse split 1 for 10; not good for longs.
How can there be this many shares for sale to buy unless institutions are dumping on the pump. Who would sell millions of shares if this company was making a profit? The EPS still reads negative on this board. Why not state the big news to shareholders during the call instead of saying something big is coming at the end of this qtr.? Still cautious. . . but I guess you can play the game for a quick one. I owned this years ago when it was on fire and cashed out. Fuel cell stocks are being pumped right now just like the tankers and REITS were a few years ago. Just be careful and take your profits.
Management is eating all the cash to pay their HUGE salaries. I wrote several times about these crooks and the stock has lost $8.00 a share. I got hammered on this board as everyone said they were making great returns with the dividend payout. How's that working for ya now. This is one big scam.
and the Street rates this thing a sell. Negative EPS is never good. All the activity means the big boys are getting out since you can't buy unless someone is selling. Millions of shares trading. Why not take a quick one from the last couple of days and move on.
They won't buy back shares. They'll just give themselves more free ones and sell at any price for a profit to add to their 7 million dollar a year salaries. Glad I sold all some time ago before the REITS took a big hit. The writing was on the wall with the insider crooks paying themselves first. Does anyone even look at the profile, stock options, or insider trading of these scam stocks? Same goes for AGNC which I also sold. They will never be able to pay out those over 10% yields in 2014. You think this stock is down now, just wait until they lower the div. and all the retirees get out when they realize this is not an income stock. Of course that will be too late as the price drop ate up all those fat div. payouts. The only ones getting rich here are the insiders taking everyone's money.