" Blackrock controls over 10 million shares.....Vanguard over 10 million, Investco over 10 million.....FMR way over 10 million......It all adds up to almost 100 million locked down shares"
There were less than 75 million shares outstanding at the end of the most recent quarter. You are discredting yourself.
"almost 100 million shares of a company"
At least you are consistent at getting easy to prove facts wrong. I assume that since I don't read most of your repetitive posts.
"Are these the same guy?"
I've posted numerous times before when "they" accidentally have fake conversations using the wrong accounts or use the exact same language from "different accounts". I have to assume by the continual identical bad arguments, i.e. the number of "them" that argue that a profit which has declined is "a loss" that it is one person. I do miss the fake French short who did not know how to speak French or even the right word for "stock" in French.
I posted on the PSUN board years ago how inaccurate 24/7's predictions were from the prior year. I think they were 0 for 10. And PacSun, which they put on a list is still in business. I don't own any LULU, but am checking in here just to see the stock price after reading the ridiculous piece.
"Do you think those are the arguments bulls are making? Are bullish analysts, for example, talking about magic to their customers?"
Wizards make the best analysts because they can see the future. Or at least they've been to England, unlike the short poster(s?) here.
Spammers here should go to HRL board. It's not a stock suggestion. It's Hormel Foods, the maker of spam.
Extends due date on mortgage debt from 2017 to 2021 and lowers the interest rate. If you have a different interpretation, feel free to post it. IMHO extending time to pay the mortgage debt is a good thing, despite the shorts who may wish to post otherwise. We'll see if anyone covers tomorrow!
Some times in life, you have to go with the simpler theory: you don't know what you are talking about. I was just in Spain and people were wearing ANF and Hollister everywhere. I'm sure these hedge fund managers take the occasional summer trip to Europe and observe fashion trends, even though you keep going on about them going to the Hamptons.
" No where else will you see declining sales and store closings presented as a recovery indicator."
That advice wouldn't have worked so well when Starbucks was in the $10s. But the real question is what price will force you to cover ANF. Just wondering how much longer we'll get to read your opinions of hedge funds' obsession with this stock.
"The stores are no longer crowded with lines for the fitting rooms....THEY ARE EMPTY."
There was a line at the fitting room and register at the Toronto Eaton Center ANF yesterday around 2 pm. But keep posting your hyperbole. It won't make it true. But you are free to continue complaining repeatedly why the stock price is going up for reasons you don't understand. We'll just add to the growing list of things you don't understand that it is more expensive for American Apparel to produce all of their clothes in the USA than where ANF sources their clothing.
Those who have paid attention to this stock know that it has had long periods of SSS declines, yet remained profitable. Anyway, the market seems to be suggesting it is looking forward and not back, so posters can keep telling us about Q1, but I know I don't care about Q1.
" I know that a fake leverage buyout may have to be done to hide the accounting fraud....."
Does everyone else on the short side of the trade know as much as you? That would be awesome for longs.
The decision is stayed pending appeal, and it seems like you don't know what a "Trademark" is based on all of your other analogies.
I'd wager Hollister and Abercrombie are more valuable than that combined. Did anyone *ever* line up *in any country* at Tommy Hilfiger stores? Is there more money available for takeovers now or 2010? I am not saying ANF will be taken over, but I am glad I'm not betting against it in the current environment.
Someone gave you a thumbs up for that? Reminds me of when someone gave me a thumbs down when I posted this on the Open Table board last August in response to some short explaining that they thought 90% of restaurants are dead:
"Where do you live? Doesn't sound like New York, LA, or Toronto, the three largest cities in North America (excluding Mexico City). Anyway, I've used Open Table in all those cities and restaurants are packed. But don't take someone on a message board's word - check out restaurant stocks. It seems you've missed they've gone up along with profits. It also seems that you've missed the fact that Open Table gives points to users, so even if the restaurant was dead, there's an incentive to use the Open Table application, beyond the convenience of not having to phone for reservations, see who is busy, find new restaurants, or wait around."
I'm Canadian. LULU is a huge brand in Canada. I've been in the U.S. stores and apparently not so much.
Not even a fair comparison to ANF's two brands which IMHO seem popular around the world.
Now in fairness, Wet Seal traded around $2.30 in 2004, so if you think it's the same thing and you are willing to wait 10 years, maybe you'll get what you want.
Wet Seal has a -16.9% comp vs +3% for PSUN. Very similar, if you think negative numbers are the same thing as positive numbers!
Remember, the short thesis on this board appears to be all of these retailers that PacSun had better comps than are finished.