Sun, Jan 25, 2015, 12:14 PM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Abercrombie & Fitch Co. Message Board

hedgefundsarecrooks 61 posts  |  Last Activity: Jan 23, 2015 9:33 AM Member since: Dec 10, 2012
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • Reply to

    Be careful with ANF

    by havanabaycompany Jan 21, 2015 7:24 PM
    hedgefundsarecrooks hedgefundsarecrooks Jan 23, 2015 9:33 AM Flag

    Really? You do not know how institutional holders buy up all the float shares and control the bid and ask and take out the few retail trade this stock has to control the price of the shares and then manufacture financials to support the manipulated price? With the manipulated and inflated price they get retail investors to short so when they need to generate cash to manipulate more, they just initiate a squeeze. 34 % of the shares of ANF are short. Here is just a short list of the crooks that work together to control the bid and ask price. Investco owns 24% TWENTY FOUR PERCENT of ANF stock. 16.6 million shares. They work together with Vanguard 6.6 million (10%), Fidelity, 7 million (11%), FMR, 9 million (13%). Just those four crooked firms own 58% of ANF shares. Well over HALF of all the shares. It is easy to used their 40 million shares to control the bid and ask of ANF. Why are they dumping? Because it is an overvalued company that can not meet cash flow requirements much longer? Because it is a 12 dollar stock trading for 27? You tell me why they dumped 20 million shares last quarter. Because the game is over ?

    Sentiment: Strong Sell

  • hedgefundsarecrooks by hedgefundsarecrooks Jan 23, 2015 4:43 AM Flag

    Not sure how you can look at store closings as a positive. Increasing dollar will also hurt domestic flagship stores as well as increase the loss from foreign based stores. At least they have a place to dump logo clothing since they decided to continue to sell logo branded clothing in foreign stores. Guess the figure no one follows the lead in American fashion. It is getting close to earnings. About time for another revision down to quarter as well as full year numbers. Should not be long now. Sure the institutional bag holders need a way to cover all the non-GAAP accounting games they paly and a fake leverage buyout is in the smoke and mirrors that is ANF accounting. It will be interesting to see what game they will play to hide the ultimate bankruptcy of ANF.

    Sentiment: Strong Sell

  • hedgefundsarecrooks hedgefundsarecrooks Jan 22, 2015 3:24 PM Flag

    Perhaps you were in rehab this week. I wish you well in your recovery efforts. And while you were gone, TUESDAY January 20th.....TWO DAYS AGO.....ANF hit a new 52 week low at $7.25. The $7.25 represents a 90 % premium to the company closing stores, losing sales and unable to sell at retail anymore. So a 7% surge in the all ready overpriced ANF stock is in fact a good opportunity to short more. It is not going to be a good holiday sales quarter and while the analyst will adjust the target income so that ANF can beat, it will be yet another quarter of declining sales, declining profits, declining margins and more store closings.

    Sentiment: Strong Sell

  • hedgefundsarecrooks hedgefundsarecrooks Jan 22, 2015 1:37 PM Flag

    It is not just me.....and it is not trash talk, it is all facts with some of my opinions mixed in. That is what stock boards are all about. Discussions ON POINT and related to ANF STOCK. And it is not just me "trash talking". Bloomberg put out a rather long article and made it their cover about why Abercrombie is dead. Granted.....the cover shows an 80 year old Abercrombie model, but he is not far way from the grave.....As is ANF.

    Sentiment: Strong Sell

  • I can not understand the valuation in an internet retailer that sells diamonds for wholesalers that do not have an internet platform. This is simply a web sight to list the overpriced, over graded and over rated diamonds of wholesalers all over the place. They run a copy machine out of their headquarters to justify the price of the stones and say they are a great company because they do not have brick and mortar stores. Diamonds are no longer a girls best friend. And the valuation of Blue Nile which is just a web sight for other wholesalers is just ridiculous.

    Sentiment: Strong Sell

  • hedgefundsarecrooks hedgefundsarecrooks Jan 22, 2015 11:02 AM Flag

    Fashion has changed, that is constant. The teen customer has changed. The spending habits of teens and customers has changed. Delivery of product has changed. ABERCROMBIE AND FITCH HAS NOT CHANGED. Its arrogance is locked it in a time warp controlled by a freak CEO. So now we replace a 70 year old freak with a 75 year old dinosaur from Sears. Sears of course, always having an edge on teen clothing. His first decision was to ADD BACK the logos because Jeffries went overboard with that decision to illuminate the logo. What a brilliant executive decision. OK....LETS SAY ABERCROMBIE SOMEHOW DOES SURVIVE. But with closing stores, declining sales, declining profits, declining margins.....THIS IS CURRENTLY A 13 to 15 dollar stock. The institutional investors spends millions to save millions on ANF hitting true value by buying the bid and ask on ANF. I will wait for the adjustment. Because the brand is dead. IF you think it will survive you can not possible think it is work 27 dollars a share with all the negatives. The income today is HALF IT WAS in 2012 but the stock remains way too high. It is a powder keg waiting to explode as soon as one of the bag holders start dumping a dead retailer.

    Sentiment: Strong Sell

  • What am I missing here? How can a dying brand heading for bankruptcy be valued so high? I know....I know.....because most of the shares are held by hedge funds and institutions that are just like Jeffries. They did not change with the times and are now stuck holding tens of millions of shares that no one wants. Just like Abercrombie clothing. No one is buying shares of ANF. So here is what you do.....Discount the remaining junk stock at 50% off. Because that is about what it is worth....12 - 15 dollars a share. While hundreds of stores close and more will close...The stock price remains very high and very inflated. While margins remain high because of magical NON-GAAP accounting tricks, discounts are the only way ANF can generate sales. I can play the waiting game here.......ANF is headed for the heap....... As yet another analyst said......"It could be too late for Abercrombie to fully revive itself, though. “Getting around a tainted brand is the exception, not the rule,” says Jaffe. “Brands can be left standing for something that means nothing.”"

    Sentiment: Strong Sell

  • Lets assume that Abercrombie is able to spend the money and revise their entire fashion delivery system and put goods on the shelf in months of not weeks. Who care. No one is buying it. Sales are declining and will continue to decline as customers leave and are not coming back into the old faded stores just because they removed the logo from the clothing. The naked models, the flagship store concept, the damaged brand, the damage name, the lawsuits, the offensive comments of the former CEO, the money he fleeced from the company and shareholders, the boring current management , the foreign sales and the valuation of currency, the Supreme Court suit, the suit taken out against the company by investors that are fed up that the CEO ripped off the company......There are so many negatives here it is amazing that the bag holders are able to control the bid and ask and manipulate the price of the stock at DOUBLE what it is truly worth. And I say double it is worth NOW as it will eventually disappear just like Wet Seal and other teen retailers that failed to adjust to the customer and always assumed they would be the branded leaders of all the spoiled rotten arrogant teens of the upper sect. You can not survive as a retailer selling your goods at 40% 50% 60%.....and now the sales are up to 70% off. Sure the can cut expenses and spray less purfume in the empty flagship stores but you can not maintain margins and profits selling at 70% off. Sales are declining and will continue to decline and customers have left and are not coming back.

    Sentiment: Strong Sell

  • hedgefundsarecrooks hedgefundsarecrooks Jan 20, 2015 2:09 PM Flag

    I like to read ALL messages on point and relevant to the message board of topic. I do not think that is unreasonable to come to an ABERCROMBIE AND FITCH STOCK BOARD and read individual opinions and comments on the STOCK BOARD. I do not come here to read about gay marriage or about political ignorance and party lines. Talk about Abercrombie and Fitch or go to some political posting board to rant. This is about AB ERCROMBIE and FITCH. Why is that so hard to see? Paid board jammers are bottom feeders.

    Sentiment: Strong Sell

  • After I typed the title I realized that there is limitations to these board messages ABOUT ANF. A stock board on ANF not a political board used to type irrelevant random useless posts. A STOCK BOARD. ANF troubles go way beyond FAST FASHION. Think about it. ANF has not changed for years. Same product for years. It did not sell on its product because EVERYONE sells polo shirts and t-shirts. IT SOLD ON ITS BRAND. And the brand sold for a retail premium. As a result, the stores paid the highest rents, the CEO selected the board and paid him a OUTRAGEOUS salary and stock salary for years, the headquarters became a boy playground for the CEO's fetish and ANF thrived for years. NOT ANY MORE. They say it is fast fashion that will be the demise of ANF. But it is so much more then that.....The list of problems is the longest in the sector. Lets discuss this and get rid of the political rants that have nothing to do with Abercrombie and Fitch.

    Sentiment: Strong Sell

  • Reply to

    To all ANF shorts

    by havanabaycompany Jan 6, 2015 4:54 PM
    hedgefundsarecrooks hedgefundsarecrooks Jan 15, 2015 2:55 PM Flag

    Of course you did......Funny guy. And I bet you get all the girls and never lose in a casino......Covered Calls. Sure you did. Just sell your long position and cut your losses.

    Sentiment: Strong Sell

  • hedgefundsarecrooks hedgefundsarecrooks Jan 14, 2015 12:33 PM Flag

    Because I believe there is a breaking point. There are many stocks that are heavily manipulated by institutions and hedge funds. The manipulation became the dominant control of the market when the current administration bailed out the so called "banks" and gave them the free (interest free) money to buy out the market. For the most part, they manipulation can persist because the companies can sustain operations and appear financially sound. But every once in a while there is a company or stock that is just totally whack. Valuation is based on hot air, manipulation is the only trade, and something has to give. There are just too many broken things with ANF. There is nothing here. Sure I risk the game where a company goes "private" in order to cover up the fraud. But the valuation of ANF is currently too high for that to happen in my opinion and I think ANF will be one of the rare times that the bottom falls out. There are many Bernie Madoffs on Wall Street. Many. Most get away with the game for a long time. ANF is my Bernie Madoff........

    Sentiment: Strong Sell

  • hedgefundsarecrooks hedgefundsarecrooks Jan 14, 2015 10:21 AM Flag

    Why do you even play poker when you know you are the sucker at every table?

  • NILE should have dropped significantly in sympathy with (TIF) Tiffany. Tiffany is the standard in the fine jewelry world. NILE is just a wanna be that claims its diamonds are cheaper and are most likely of lesser quality. Jewelry is not a "girls best friend" anymore. It is a waste of money that can be used to build a future and purchase a home or car. The diamond is dead.

    Sentiment: Strong Sell

  • hedgefundsarecrooks hedgefundsarecrooks Jan 13, 2015 5:15 PM Flag

    There is no way that this stock is discounted. It is trading at a price that assumes this company has fully turned around, is GAAP reporting profitable, and is selling products and inventory at retail again. This is not the case. The last revision down of the sales and profit was a 41% reduction in estimates. And the stock adjusted down only 16%. It should have went to 22 or 23 a share. The past season was not good and foreign flagship stores have failed in concept and stale ideas. H & M and the discount retailers are killing Abercrombie. Brand is no longer important. It may be relevant, but it is not important. ANF is too far gone to turn around. Christmas was nothing but markdowns and eventually they will not be able to inflate the margins through accounting adjustments, dollar valuations and magical accounting tricks. At some point investors have to see GAAP income and not the adjusted and misleading NON-GAAP accounting that ANF uses to inflate the numbers and mislead investors.

    Sentiment: Strong Sell

  • The accountants work for the hedge funds, the numbers are creative if not doubtful. What will be the new lowered numbers for this quarter? I monitor this retailer and others and I have to say that Abercrombie had a terrible holiday season based on MY observations. Abercrombie Kids should be closing this quarter. There was no one in those stores except employees on their cell phones. How can you be positive on Abercrombie when you have a store that has to make down the entire store to try to create sales. How can you accept very high margins when EVERYTHING is at least 30... 40....up to 70% off??? How can you think this dying and lost brand will survive ? Seriously. There was no one shopping at Abercrombie. Good luck. I know you have faith in questionable accounting paid for by the hedge funds and institutions holding the bag on ANF. But at some point the cash flow issues are going to have to be reflected in true numbers and show how poorly the teen retailer is doing in real terms.

    Sentiment: Strong Sell

  • Reply to

    The future.....

    by hedgefundsarecrooks Jan 6, 2015 8:20 AM
    hedgefundsarecrooks hedgefundsarecrooks Jan 7, 2015 3:49 AM Flag

    You are correct ....and I think that is a critical point. Abercrombie THE BRAND, THE NAME.....is so damaged.that they have to remove any reference to the brand. Others are still proud of the reputation their brand has. The Abercrombie name is damaged goods and no one want to associate with it. including M and A and LBO investors.

    Sentiment: Strong Sell

  • hedgefundsarecrooks by hedgefundsarecrooks Jan 6, 2015 8:20 AM Flag

    Losses will continue to increase and international operations will become a drag on cash flow as the old and stale flagship store concept proves to be boring and too much like 2007. With no leadership, the brand will continue to flounder as Abercrombie and Hollister become even more insignificant to teens and to whoever ANF says they are targeting as customers. Abercrombie for Kids will fail and all stores will close. Unbranded merchandise, without logos prove to be not the problem. Spraying of stinky cologne is further reduced in dingy noisy empty stores and touted as ANF's best cost cutting measure of 2015. Hedge funds try to fool the market into thinking there is a LBO but even private equity firms see this brand as done and the stores as dianasoaurs in the teen retail world. Sector struggles, ANF fails. Hedge funds eat inflated stock price gains created by controlling the float and manipulating the bid and ask. Another teen brand is dead.

    Sentiment: Strong Sell

  • ANF stock was even up at a few points during the terrible trading day. How can a stock.....already about 100% over valued because of hedge fund and institutional market manipulation of the bid/ask price, maintain its high price on such a terrible down day for the market. There was MORE bad news because the declining foreign dollar and the higher American dollar is hurting its flagship NY stores and its foreign sales numbers. Less and less people are looking for the American naked model experience in the dark, dingy, noisy ANF flagship stores. Yet the stock price remains at a high valuation.

    Sentiment: Strong Sell

  • YEAH !!!!! I was hoping they would be on the 2014 list, and they were not, but they made the 2015 list of companies that may disappear. Too many bad quarters, too much brand damage, and an idiot for a CEO. ANF should disappear in 2015 is my call. Here are parts of the article on ANF. Abercrombie & Fitch (NYSE:ANF) Here’s a sign of just how badly things have gone for this struggling teen-focused retailer. When longtime CEO Mike Jefferies announced plans to retire, the share price went up. Under his leadership Abercrombie & Fitch has posted 11 straight quarters of same-store sales declines. Moreover, Jefferies’ peculiar management style has brought the company unwanted media attention for years.

    With Jeffries, Abercrombie & Fitch became known for its shirtless male models and Jefferies’ snide insistence that his brand was only for cool people. The CEO also insisted that employees had to follow a stringent “looks policy” that mandated strict grooming standards, including a ban on facial hair. Not surprisingly, this policy generated lawsuits. SUPREME COURT !!!!

    Unfortunately, Jefferies made himself synonymous with a brand that has lost its mojo. The stock has lost 12 percent on the year. Unless the new CEO can find a time machine somewhere, the chain’s days as an independent company may be numbered. THEY ARE NUMBERED. Bye, bye ANF

    Sentiment: Strong Sell

ANF
26.86-0.23(-0.85%)Jan 23 4:03 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.