WBA is all about cutting expenses. A stock split involves the services of accountants and lawyers. It costs money and serves no real purpose in today's markets. I am not looking for a stock split. They will continue to raise dividends annually, though perhaps more conservatively. I don't have a rosy outlook for the next few quarters. The U.S. business is growing but profits will be hampered by lower reimbursements. The overseas business is growing but profits will be hampered by translation into a strong dollar. The share price seems to be indicating strength. I'm not sure where that comes from. My bet is for strength in 2016 and beyond.
The change in the ratio is not a reflection of fewer shares sold short. The ratio has declined simply because average volume in the stock has increased. That's not particularly meaningful imo.
OK. Now I get it. You're short SKX. B. Riley & Co are most likely short also. The short position is very large and experience has taught me that the shorts will most likely have their day. Even if tomorrow's earnings report is good (but not spectacular), the short position will have a dire analysis ready to turn weak handed longs into sellers. Oh well, this too shall pass. Sketchers has a bright future. There will always be bumps in the road.
Yeah, I understand the point about downgrades. That said, the important thing here is tomorrow's earnings report. That will outweigh any analyst sentiment. People are concerned because Deckers reported a weak quarter. Skechers is a very different company from Deckers and I'm looking for a positive earnings report and optimistic guidance. Nike is a great company, but I prefer Skechers for their ability to sell more than athletic shoes & attire and for their aptitude for international marketing.
Karle, I don't know why you bought HA to begin with or why you sold. Your remark that they have not doubled the amount of aircraft flying, leaves one wondering if you have any understanding of the industry. Earnings have skyrocketed over the past year and are expected to grow at a 40% annual rate over the next 5 years. There Hawaiian Miles program as well as the extra comfort program have been a huge success. Increasing revenues, coupled with lower costs (fuel) make the near and intermediate future very bright. The sell off due to earnings has made the stock price a true value. It will take a while to gain traction as the short position is pushing very hard to make the best of the misunderstood decreasing revenue per available seat mile, and the currency exchange rate due to a strong dollar. By mid-summer (after q2 earnings) HA could easily be trading in the $35-$40 range. Obviously, a reversal in the fuel cost situation could derail that train, but for now that appears unlikely.
baloney boy, there are holes in your logic. HA has over a half-billion dollars cash and it grows every day. You say the stock price tells the truth. A year ago the stock closed at $9.64. So if the stock price tells the truth the company is twice as valuable as one year ago. Where does that leave your argument?
Oil will stay down, and airlines will soar. Currency exchange is all you got? Get real!
sailbad, for the first time ever, I gave you a thumbs up. Deweycheatumnhowe made me a lot of money during his "trotting" career. I didn't own any part of the great standardbred race horse, but I bet him often with terrific results. He won 22 of his 25 career starts. He got his name of course from an old Johnny Carson gag, and you probably have no interest in harness racing, but I enjoyed the reference nonetheless.
Tripled my position yesterday. Reduced RASM dumbest reason I've seen in a while for a sell-off of this magnitude. It's a temporary phenomenon and will easily be overshadowed by lower fuel cost. 2015 will be a great year for HA and the industry.
why would you even respond to this guy? he tells you up front that he's pure baloney, then goes on to prove it.
I wouldn't read too much into todays action. This stock is up more than 400% in the past two years and someone, or more likely some institution, is taking some profits. The day before what is expected to be a strong earnings report would seem a good day for executing such a strategy. My reaction is to take advantage of the weakness in the price and accumulate a few more shares.
I've been expecting a shakeup in the board room what with JANA partners coming in and Pessina's rise to power. Watching the newly formed WBA should be entertaining for several years to come. I'm mostly observing right now, having sold most of my holdings recently. My gut feeling, of course, is that WBA will prosper. I just don't see that being reflected in the stock price for a while.
There is no such entity as Boots China. That sort of diminishes the validity of your statement, but if your only point is to suggest that a communist country is exerting price controls on pharmaceuticals I certainly wouldn't take issue with that. The United States should do the same. Actually, the United States should have established price controls on the berserk pharmaceutical manufacturers about 35 years ago. Instead they left it up to the equally berserk health insurance industry to impose their unsound ideas of price control.
Your point is clear. That said, people who make a lot of money, tend to keep making a lot of money. It's a way of life.
Maybe you could provide us with a list of billionaires who no longer expect to be paid for their work. There may be a few.....very few.