Nimble Storage ( NMBL ) shares were downgraded to market perform from an outperform rating by Wells Fargo Securities.
Price: 10.85, Change: -9.54, Percent Change: -46.79
fantastic...they downgrade it today...on the 47% plunge....hahaha...where can I get a job like that !
...anything missing earnings, ala SSI gets killed right now...And I'm hunting those types of stocks right now...
Here's a cute one MENTOR GRAPHICS (MENT)...was rated by analysts on Fidelity as a 9.6 out of 10...VERY BULLISH....and the stock is down 32% today...hahaha...reminds me of Cramer and Walgreens stuff...only in the reverse....AND I DO USE ANALYST CALLS TO DO CONTRARIAN STUFF, IF THEY EITHER BASH A STOCK DOWN OR PUSH IT UP ON THEIR VIEWS...they are soooo bad...sooo bad.
So, when I throw you "dogs" like SSI / JOY / CMRE-PB / TOO-PB...be grateful...hahaha...and cost avg em' !! Not kidding about that...little at a time to get a good avg price...(Oh, one really killed preferred is NM-pH...I think it's been overly killed...They report Monday and earning's won't be good, I'd imagine...so, they are jumping off the cliff, like lemmings today...Pull the trigger on Tuesday or Wednesday...But for this one, keep the bet very small...but it could be interesting, once the tax stuff passes / earning's pass / window dressing passes, etc...I think it'll be up 20-40% by March...plus the divy...BUT MY SAFER FAVORITES I'VE ALREADY GIVEN YOU in my earlier messages...gl))...Sorry bout' the CAPS...too lazy to fix it !
ps...with any recommendations I make about stocks (in here), I should say that I always spread the bets...maybe put 1/4 of what I'd be comfortable with, into the initial 'buy'...and then 'cost avg' at intervals...i.e. I sort of expect they will go lower...not usually disappointed...but I like to "get em' on the board" to watch em', with the initial bet...And so, if I recommend stocks / preferreds like CMRE-C & TOO-B, well, spread the bets...But today, on the drop, I love em' to death...but they'll go where they wanna go...but those are very good companies (yes, I am buying em' today)...and even preferreds are being sold off on window dressing / end yr tax selling....I say buy the heck out of those 2...AND COST AVG...and no whining and crying !
agree...they rely on the 4th quarter to get into the black...and yeah, the shale regions...yep...so, not all rosy, which is why they went to $6...down from $22 ...All I can say personally, is that I buy when there are clouds...and sell when the sun shines...that's just the way I am...Did the same thing when Cramer krapped on Walgreen's one morning...pushed it down a further 20 cents to 27.59 or so...and that was the bottom...everyone hated it...and went to 95 in about 12-18 months...So, I don't try to paint a rosy picture on SSI...but I do think the dividend is safe...and they are selling very low now. So, each person has to choose what they wanna do...And yeah, maybe there will be a tad of tax loss selling...but this stock is not held by many funds, from what I read...but if it gets pushed down in DEC...fine...I'm just gonna hold it and add on weakness below 6...if that comes...Same with JOY, and with many other stocks in the shipping / oil rig / oil / commodity sectors ...just pushes em' down even further...and many will likely be very good buys...and rebound in JAN-FEB perhaps, unless we have a big recession or big slowdown...I just try my best to get decent prices on stocks that pay very nice dividends...You might wanna go for some CMRE-PC & TOO-PB...They've been thrown out with the bathwater...pay 11-12% yields...I've followed em a long time...and now is the time to buy em' once again, imo...use only limit orders and jump the low bids by a penny...good luck.
That makes sense, as they'll pay 60 cents per year on a $6.15 stock. So, YAHOO has it wrong again....I think the last x date was 9/28 ...so, I expect they'll be going x in a week or so...there is a report on it, but did not read the news, except that they'll pay the 15 cents (and like I posted the other day if they are going to spend tons of money on share buybacks, then I'd definitely NOT expect any cut to the dividend any time soon, if ever...and their payout ratio is nice)...Bottom line...this stock should rise over the next week...to $7, imo...But I'd just stay in it and not trade it at these prices and yield on the dividend !
Sentiment: Strong Buy
grrrr...theoretically, if company A has 100 shares outstanding, and has a $100 loss...that's a dollar a share loss, right? Now let's say Company A opts to buy back 99 shares, and still has a $100 loss...comes out to a loss of $100 / share...But like I said, they'll adjust the numbers based on the new shares vs the past, to give you an apples-apples comparison to past performance...Don't worry bout' it...Just watch the revenues...forget my fun and games.. What I like is the fact that IF the company has the money for STOCK BUYBACKS, then they'll certainly NOT CUT THE DIVIDEND...No way they'd do that if they're sitting on cash to do buybacks - the natives would rebel !!...So, that's what I like...DIVIDENDS ! and a good yield...I wonder what the yield is now, given the 30% drop !!! Must be very nice !!...I'll check FIDELITY tomorrow. (:
I see the forward p/e is 12 for JOY...I'd like it to be 8...even better value...cie la vie...but if you took a p/e of 8 with the expected 2016 earnings, as is...well, that would be a price of $10...worst case...unless they earn less than expected. However, CAT has a foreward p/e of 19 ...which was why months ago, I grabbed some JOY and avg'd it at 15.31...then sold it...now, bought back today...15.13....i.e. JOY was a BETTER VALUE stock than CAT," the darling"...and I always go with valuations...and divy was better too, for JOY...and the payout ratio was quite decent...should have no problem covering the dividend. (check out SSI...generally, I'm not one for retail stocks, but I like the valuations...and it got killed today on an earning's miss...Used to be $22 awhile back...now around $6.20 or so....near the historic lows, I believe...and also a nice dividend which they should easily cover...and the company is supposedlydoing a stock buyback, too, they say...but the divy should be fine, if they have enough cash for those buybacks!)
Just pick 4 price points...Mine will be 15 / 13.50 / 12 / 10.50 ...Will we see all those occur? don't know- perhaps we'll have a good recession, and earnings will drop further (but CB's will pump money as usual...and recessions come and go)...So , I'm always rather conservative...and I spread the bets...If we don't see 13.50 , well, I'll have some money in....If we see 9.50 , I'll consider it a blessing / opportunity...I have no qualms about cost averaging it lower...Either way's fine.
it's a geat long term buy and hold...Just cost avg it on any decent down move...oh, maybe every 5-10% (down) from orig price, or from15....and hold it forever...imo..put it away...don't even worry !!
you'd better cover...too risky down here to remain short...if you are short?...But if not short or long, then why are you even here?...just wondering - maybe you just want a better buy-in price (if you have a crystal ball, loan it to me)...Hard to pick the bottom, so I'd split the bets and cost avg it....15,13...etc etc...just divide your money into 4 bets...and choose the price points...Just being helpful...(now you can gimmie the red thumb's down...But I'm like you...I also want a lower price....so be sweet...I'm not against you.)
I was avg'd in at 15.31 awhile back...went to $18...I opted to sell and use the money for something else...whatever...But has had a nice pullback, so I did opted to restart a position around 15.10...and will definitely cost avg it on any decent down moves...So, yeah, please get it down...I suspect there's been some end-yr tax loss selling...and window dressing going on...
Future price?...I have no real idea...I just know it's a good company with good mgmt. in a very very lousy, current environment...But definitely not BK...AND IF IT GOES MUCH LOWER, IT'LL BE A TAKOVER CANDIDATE...IMO...(look...it got to 100 awhile back...the 2009 low was 14.60?...now around $15...come onnn...I can't really see it all that much lower...but sure 14...maybe 13...don't know - just know I'll cost avg it, as it's NOT going away, for sure...for sure.
could be awhile...I just like to buy stocks cheap (with decent valuations & a dividend)...and maybe do some cost averaging if it goes lower...and just sit on the shares, and take the dividends as a buffer, as you wait...Could be awhile, as retail looks a bit LOUSY...But I have the time to wait....years even.
I always sorta wondered what happens if a company is currently losing money...and they buy back 'cheap' shares...Wouldn't that increase the loss per share...spoze' so...but the ANALYSTS WOULD ADJUST IT.
Anyway...sure, buy back some shares, but also pay down any debt and use some for making sure that the dividend is SAFE (#1 for me)...and the rest for doing some store closures of unperforming areas.
Awhile back, I was avg'd into the shares at 9.35...then sold em' around 10.40...Today, ...well...yeah, I avg'd back in at 6.27....I also grabbed a tad of JOY...and a couple preferreds - CMRE-C / TOO-B on pullbacks...busy day....I'll just cost avg em', if possible.............GL (NM-PH...wow...$$$... the NM-PG too, but wait until next Tuesday, if interested...after earning's !)
They're on negative watch, per their higher leverage, that would have triggered a downgrade, but the Moody's expert said that conditions would likely improve in 2016, so they opted just hold the rating, for now - but all the shipping periodicals I read say 2016 will be worse...So, that's probably why I just felt the downgrade would come...but yeah, not yet...got that wrong. (back on XMAS EVE...can I STILL SAY "XMAS"? politically incorrect?)
"While weaker dry-bulk rates drove Navios Holdings' leverage to 8.2x in June 2015, which is above the 7x trigger for a downgrade to B3, we have kept its rating at B2 because of some improvements anticipated in dry-bulk rates in 2016, which will help its financial profile to recover," says Marie Fischer-Sabatie, a Moody's Senior Vice President and author of the report.
Dry-bulk rates have risen slightly in late Q2 and Q3 2015 and Moody's expects that further improvements are likely in 2016 on the back of heavy scrapping and a high proportion of new vessel delivery postponements. "
Jeeeze...I got some more NM-H at 10.07....I mean, why even wait until Monday...seems like all the lemmings are jumping off the cliff ahead of earnings, already...and why even pinch pennies down here...I see that the low bid now is at 10.01 on the H...Oh, I also got some NM-G...I THINK I GOT THAT AROUND 10.10 OR SO...HAVE TO CHECK...Soooo...nothing for m do now...I have no stellar advice...Maybe I'll be back XMAS EVE?...GL
well...I'd guess they'll cut it in half...I'm not tryin' to be mean...just realistic....They cut NMM's dividend, after they pretty much guaranteed it would be sustained thru 2016 (wasn't)...Hey, these are lean times & 2016 expected to be worse...I'd rather they stop the common dividends of all their holdings...I'd say the NM stock is pricing in a cut...and not-so-good earnings...cie la vie.
I'd almost say it appears that the preferreds and common, given the past price action on other's in the sector when poor reports came out, that holders of NM common/preferreds are pretty scared...and may be selling AHEAD OF the earnings...But if earning's miss, I still think we can get an added 5-10% drop....But if they don't miss (yet most have)...the preferreds could pop 10-20% in a day , imo....But I'll just hold what I have, not get too concerned about this week's action and put in my bids on Friday...and then have some wine...I just can't get all that nervous about what I have, as NM is a good company...My bet is that they'll be around a long time...and the gains could be huge once things get better...if...if...right? hahaha
ps...back on board Tuesday...maybe?...or...or maybe when they finally pop off whatever bottom they put in on MON/TUES?...I think this looks like a spring ready to snap back...based on other's I've watched...could be fun heading into Jan.