Hamo is doing 'a great job'? I'd hate to see it when he does a bad job...lol. He's done great job of making himself rich and completely destroying shareholder value. NRF is back to where it was on Oct 31 2011!
I think your credibility has taken a hit. The stocks are getting creamed and you keep posting drip info?
You convinced people you know more than the market and you are being punished severely. Only a brave person admits they're wrong but you keep living in denial.
I feel sorry for all those on here who followed your advice and held, never sold any or bought more. Your 'table pounding' posts have proved to be a disaster and you've almost disappeared from this board.
Jan $17 Calls on oversold pop.....I have reduced my cost base by $4.80 using this strategy since April. I think NRF will consolidate between 16 and 17.50 for a while. Sideways movement is perfect for selling calls.
That plus the divi. provides a nice return.
not necessarily shareholders. Its important to take a balanced view.
Funds buying along with a buyback is the only way to significantly increase the price of a stock.
NRF has been in decline for over 6 months now. 'Lemmings following lemmings' You really think all those hedge funds that dumped are lemmings and don't have a clue what they're doing? You still feel that way after all the damage that's been done?
Did you buy 5,000 for a trade when it was 17.70? You might know fundamentals but you have been totally wrong. How come no more 'table pounding' posts? Now is the time to do it.....
I agree and I don't agree that money is going from pref. to common. NRF is no longer a growth REIT so hedges dumped and shorted. The gap up in early '14 and the gap down was all hedge funds. The company is now worth much less than before the spin-offs and management's strategy has failed in the market so far. We'll see in Jan if value funds step in.
How did your friend school you on the balance sheet? Its easy to say that now and providing few details.
The compensation packages starting the decline. The hedges don't like it and the spin-off made NRF more prone to an interest rate hike.
Yes it would interesting to hear from a hedge fund on why they sold. Is it really related to interest rates rising? The stock started to drop after management's compensation package was revealed.
Usually retail is the last to sell and NRF has a RSI below 20 so very oversold. Usually selling when everyone is panicking is not a good idea.
even though I was insulted personally for doing that on here when I was trying to help. I was also mocked because I have a small position. I will keep selling calls until the chart stabilizes.
That's normally not a good sign. From many years experience, usually when a stock has a yield so high its signalling a cut. Not saying' it will happen but its worrisome.
Instead of creating value it seems the spinoffs have exposed weaknesses. I preferred the company as a whole
I don't think NRF is buying shares. The stock popped from being oversold from tax loss selling and hedgies dumping. Why would they buyback stock and then let the bid fall again? You've accomplished nothing by doing that.
NRF is being consulted on the timing of purchases and will wait until the tax loss selling and shorting has dried up.
I did answer you. He hides behind the ignore button and every price level has been a 'table pounder'. If you notice I am not the only one.
Why do you feel you have to fight his battles for him? Why does it bother you that people criticize his calls? You only want to here one side? He puts them out there. Answer my questions.
If you actually really did sell good for you for thinking for yourself, but obviously you didn't agree with Dar's 'table pounding' calls either.
When you see a stock break major technical levels that's a clear sign its going down. Maybe you should take a course in trading...lol.
You can insult me all you want but the fact is you just sat and watched your position plunge over 50%, a typical 17 year old rookie mistake.