Next dog my pick RFMD. Another low PE semi that trades like a dog.. Actually has better growth prospect than LSI. Honorable mention in Barrons Dec 3 together with Avago.
$148 million plus $100 million debt. Where are they going to get the money. Senea already heavily leveraged. 1:1 debt to equity? Add 248 million debt ? 1.5 debt to equity . Shareholders getting forked.
Two years ago they tried buying this money losing Allen co , Shows you what kind of management Senea has. Next to go broke will be Senea.
Socialist policies is half the story. Military policy is the other half and probably has more to do with American's degradation last decade than anything else. The left, the right, they all bad.
Last two weeks jobless claims each topped estimate by 30,000. Street dismissed it as holiday data anomaly. We will sooon know.
Tomorrow weekly jobless claim. I think all the layoff from poor store sales start to hit. We had a slew of lackluster economic numbers from PMI , jobless claim ,housing starts, rising interest rate in December. Economy has gone through 12 month of vigorous growth is starting to ebb. Job creation from shale gas and housing recovery has already been reflected and priced in.
Obamacare sign up period created maybe 20,000 phone center jobs in October and November, boosting those monthly numbers. That number will start to fall. Economists are forcasting increased growth in 2014. I just don't see it.
Sounds good. They bought 300 tons over 3 days last April. A repeat performance to start a good year. When is the lunar new year, Is it conceivable they buy another 300 tons ?
China falls will drag America down with it. I don't know what the Chinese will do. Do know what Yellen will do.
The weak hands sold. The tax loss sellers sold. The short sellers already sold short. The central banks already loaned their 20000 tons out and sold. Is there anyone left to sell ? U #@%^(*&# knows there's no one left to sell, he wants us believe the Chinese will sell.
Going down now. US$ starting to rally. The other side of the coin is: Fed continues taper, US$ continue rising will crimp economic growth, stock will drop. A lot of job gain was due to weak $ vs Euro. Obama care start up snafu probably forced 30k emergency hiring in the insurance sector. Those jobs will be gone in spring. Weak reatail sales this Christmas could bring some layoffs in January.
I was at the mall. Penny had the best traffic after Macy. Of course Macy does most business during holiday gift buying season. But Penny had good merchandise, good prices, good traffic. Much more traffic than Dillards. I thought pleased means we should be happy.