see any meaningful growth going forward. They miked this company for all it;s worth time to bail out if you have any brains most won't but you will remember I told you this..
Not me silver has dropped from 22 to 18 in last 90 days so what do you expect PSLV to do ?
"If something you want gets cheaper in price be happy because you can buy more of it"
more retailers warned check out FIVE (five below) and you see mcdonalds headline article
See the video and you will see Hecla has another iron in the fire....
I think just the opposite bulls have make huge gains that are unwarranted.
This stock should be in the 50's like it was before the fed induced this stock market bubble and
when it was 50 it was growing 8 or 10 % not shrinking by almost 4% as it is today...
Smartest thing you could do is lock in your gains if you are a long time holder you won;t as you think stocks like real estate only go up but you will remember I tried to warn you. but you prefer to listen to wall st shills and ignore common sense and cold hard facts..
I think mcdonalds is cokes largest customer but soda sales are on the decline anyway which magnfies the problem
coke pe is ridiculously high for sale growth which is flat no pun intended..
Normally a defensive play this stock is so expensive that downside is huge.....
I am thinking coke will have negative revenues this quarter also do you disagree ?
The mcdonalds revenu decline has occured for the past 4 or 5 months and is accelerating siumilar to walmart making both stocks ridiculously overpriced !
the mcdonalds customer demographic are very similar...
Look for more bad news from walmart as fed policies have caused massive inflation leaving little left for the common man to spend on non essentials. And the top 10% don't shop at walmart or mcdonalds...
This can't be good news for Visa pe 25 can it ?
The middle class is tapped out on hidden inflation and low wages combined with expired unemployment benefits.
This can't be good news for coke can it ?
coke is 22% but revenues are what 2% ?
Coke is headed back the low 30's imo...
tapped out due to hidden unreported inflation and low wage growth !
Walmart is going to report similar numbers imo and their grocery business which has been sustaining them is being attacked by krogers aldys market basket etc..
So look for similar numbers from walmart and a corresponding big drop in the stock back to the 60;s imo
PE 16 is awarded to companies thatSystemwide sales for the month decreased 2.9%, have sales and earning growth of 10% at least. In fact before this fed indiced bubble market earnings and sales growth should equal pe that is the rule of thumb so to get such a high prce to earnings ratio of 16 the company should have earnings growing at 16% and revenue at 16% now mcdonalds had a DECREASE of 2.9% Systemwide !
This is catastrophic IMO. The major cause IMO is the middle class does not have the disposable income to eat outside the home therefore this issue is not one that will be going away anytime soon.
SInce mcdonalds is an icon dow stock, pays dividend (which has a very good chance of being cut in the near future imo) blah blah blah with such brand recognition and with declining sales it should be awarded a pe of about 8 maximum which would be a 50 dollar stock. Any higher than this is nonsense it was 50 a few years ago and was doubled by the stock bubble. I say you will se 50's again for mcd and it won't be because of splits.
Another way to put this is that upside at this point is absolutely NIL but downside is huge.
The smartest thing you could do if you are in this stock is to get out before the pros do you won't listen to what I say but you will remember I told you this and you had the opportunity to lock in gains but wold not listen to common sense and facts..
IF another brand gets hot watch out consumer even high end ones running out of money
buy all the other dow stocks to enable them to sell more shares of V to you the NAIVE who will be left holding the bag...
almost perfect head and shoulders pattern is another indicator that further declines are likely