At $13.90. There is risk in every stock but under $14, this is less risk than most companies I follow. Just my opinion. I will buy more but am hoping for another shot sub $13.82....
Sentiment: Strong Buy
April gives you time to see Q4. It's the better play here. If this gets to low 50s, I will push hard into April 50s. Never know, could see 50/51 tomorrow?!
Did buy more at 54 level. Stock did break support and a swoosh to 51ish is in the cards. Hope you all saved some powder!
Actually bought 1800 shares, first time in a long time as I'm usually playing the options. Soda was down so much today that my long April 75s, short Nov 70s is under water. But I have time and all in all, I dodged the bullet. My avg on the stock is a little under 58. I do think we retest and see 55s tomorrow and I plan on doubling down if we get there and buying more if we head lower. I waited to buy until I read the earnings transcript. The call was absolutely fine IMO. They even discussed the accounting of selling the inventory resulting from the takeover of the Italian distribution. The slight miss is more than explained for by poor execution by the distributor in Japan. I think Birnbaum may have to take over the distribution and it seems he is leaning that way. Walmart restock (or lack there of) also hurt the Q. To be honest that info was out (thanks Seth) and was why I sold all of my naked long calls yesterday. If Soda management learned anything today, they need to play UPOD better. They were better off not raising guidance last Q...or raising it less. They reached a little to far and got burned. Color me bullish but looking for lower prices near term. GLA!
Read the transcript of the CC in seeking alpha. It's in writing, plain as day. Copperfield a sham. I actually hope this stock goes lower so I can build a position lower but they are still a sham.
It's ok. I think we have a shot at getting flat today when the dust settles. You already see it popping up and I could see some shorts taking their money and walking away. I'm still
Long April and short the monthlies so I have time. GLA
The run the last week was not huge but considering I got long a bunch of Nov 50 & 55s, I was up a tidy sum. Still long a nice calendar spread position: long April, short November. Flat to up 5 bucks would be perfect tomorrow. GLA.
If Silc does 24 million and if Silc's earnings at in the 80 cent range, then the stock should trade 60-70 quick. I think what we will see the next couple months is some of that move now, in anticipation.
I don't believe you are correct. As an owner of Cole you receive a 6 cent divvy before the deal. After the deal, you will receive an 8.333 cent divvy. On top of that, you receive 9.29% more shares in the merged company. In effect, if you do absolutely nothing, you just got a 52% monthly raise for being a potted plant. I put my mom entirely in Cole when it was non publicly traded and her basis was $10/share. She is happier than a pig in poop. I'm not moving her anywhere and she is very much looking forward to her 52% raise next year. Her capital gain is not too shabby either.
Sentiment: Strong Buy
A volatility inhale followed by Tuesday mornings exhale. Now the key is to pick the correct strategy based on what you feel the stock will do.
Short Demon just came around and gave us the thumbs down. "By the power of light, I command you to show yourself demon"! Oh wait, never mind. Wednesday, I'll likely see you scurrying away.....lol
Been thinking, Soda's ticker is catchy and somewhat fitting but less so as time goes on. It is not really a soda company. Reading your articles or the article just put up by Dr. J and other articles put out and the picture becomes clear. This is a company about choice, health, convenience, water; for the college kids, energy drinks. And yes, bubbles.....CO2. It's time people, including the shorts, figure this out.
Sold the 13,000 today at 14.35. Took my $7000 and moving on. Unless it trades in the 13s as happened yesterday. Made no sense IMO...
I get that. What I didn't get is that it traded below 13.7. That was a discount to the cash offer and to 1.09 x ARCP. Not to mention, don't we get a divvy soon??