Absolutely fricking brilliant. The focus of the earnings conference call. The "coup de grace." The company's deliverance and salvation.
All hail hizzoner, Mr. Rouelau! Huzzah!! [LOL]
Sentiment: Strong Sell
You degrade yourself with this kind of humor. As does your opponent. You both sound like 12 year old schoolboys. Not men. Which compromises your credibility as being an honest an forthright and impartial analyst about the stocks you hold.
You have always eveidenced yourself to be a "true believer" here, who "needs" to believe he is going to make a killing. It may go up, or it may go down, but getting caught up in your emotions will serve you poorly as an investor. And seeking to "best" and "destroy" and "degrade" people who disagree with you is the mark of someone who is infantile and insecure.
"We all believe that OCZ is a valuable asset that matters to solid state disk drive market. It’s our intent to fully realize this value for the OCZ shareholders. Thank you."
Should be a major downward catalyst for the stock....because it's going to show that there has been little ot no improvement in the fundamentals. And, if they don't guide for MATERIAL improvement in the Xmas quarter (which they won't, because they don't KNOW what's going to happen), this thing is going to retrace to $10-11.
nice job on Zale. You may have gotten out too late, from a risk perspective...especially if you didn't start selling ANY until the teens.....but I got out too early also. although i'm not crying. I think ZLC is short term overextended....unless they have a bang up xmas.
And major pfd holder Zazove was buying common shares at $2.70'ish, a couple weeks ago.
And now we're at $2.36?? Have to believe, apart from any tax related selling from the CEO, that more buying by insiders and major institutions is in the cards, so-so earnings release notwithstanding.
....higher political in year ago (this year is an off election year), and event that tickets didn't sell out for this year, and the growth in the quarter just reported would have been similar to the previous quarter, and income would have been much bettter.
Same goes for the quarter we just entered (backing out political from last year...and you get a much more respectable growth rate anticipated in the "core" biz).
I'll put it back on strong buy, if it somehow retraces to $2.00-2.05, in the "panic" we've been witnessing here.
It's pretty clear from their public statement, that once the leverage gets down to 2.5x or less, by next year some time, that they would be inclined to buy back stock, or pay a dividend. And if the stock is in the low $2's, I feel highly confident on which option they would choose.
Someone needs to be able to measure what the annualized savings are from these moves. I can't, yet. Just for example, one of the articles in Italy says their labor costs are 20 cents a minute, to produce furniture in Romania, and 92 cents in Italy. But with the "subbing out" arrangement in Italy, labor costs will go down to 30 cents there. But, my impression is that will only be for the work that is brought back from Romania. Well, if such is the case, isn't that an INCREASE in costs?....increasing costs from 20 cents, to 30 cents?
It's all very confusing....although, on its face, it sounds like a good plan. I just can't tell yet.
Really, management should hold a CONFERENCE CALL to discuss this.
I wasn't "mad," dummy. I was magnanimous, and congratulatory, to the longs. In that context, your response is in particularly poor taste...and reveals you to be an utterly degraded entity.
Go ahead and worship them, if you'd like. Drool all over them. But the question I would ask is where were they when the stock was $4 or $6? Did they buy in exclusively because of Rouleau?
Your hubris is legendary. It also happens to be your downfall, as an investor. Contrarianism is a foundation of successful investing. Self satisfaction (including putting one's "educational background" in a yahoo id) is certainly not. You have absolutely nothing worthwhile to contribute. The fact that a stock has cratered in price is something that should be carefully looked at, for the inherent opportunity. That is certainly true here.
Question: If they put Heald on the market right now, what do you thing they could get for it? Let me give you a hint: considerably more than the market cap of the entire company.
Self-important little twit.
Sentiment: Strong Buy
You may be counting your profit, and I congratulate you on it....but grandiosity is not a recipe for overall success in the stock market. Dispassionateness is.
I agree with you that the contrived thumbs downs, in response to your posts, are irritating and immature.
I'm not, because of lack of capital, although I will be, if it goes lower, I'm sure. (Don't ask me the exact price, as that's going to be proprietary.)
Per a 10b5-1 plan, he may sell up to 250K or so shares of common stock...and already sold 4800.
BUT...he specifically states in the filing that the sales enable him to realize certain tax benefits in calendar year 2013. My GUESS is that he may be carrying some high cost basis stock, in which selling now allows him to realize irresistibly large capital losses....and offset taxable income (and therefore taxes) he would have to pay for the year 2013. (In this context, I presume he will effect all of the sales of the 250K of common stock, before the end of this calendar year.)
Upshot: If this filing results in a major decline for the stock, I will be buying.
It was a wonderful earnings report, and the stock should trade up to $8.60.
I see this stock as a sleeping giant, that will trade into the teens within 6-18 months.
Sentiment: Strong Buy
I disagree. I'm one of the largest shareholders, at 4.5 million shares, and I'm not happy with the decision in the least. I think it's going to decrease the liquidity in the stock, as well as the potential rally the stock would have if gold rallied, or if they did any number of shareholder value enhancing moves. That having been said, I agree with you that the stock's dropping further (as I fully expect), will be an opportunity to average down even further.
My own work shows that there is a lot of asset value in this company, and that the current stock price does not recognize that asset value. However, the big problem is that, if gold drops to $1000 an ounce, then all bets are off. (I'm tempted to hedge my position here, by shorting gold, but i'd really like to see gold rally first.)
My the way, the removal is from the old AMEX stock exchange, not the NYSE.
Well, it's pretty silly to say they will be "out of business" in two years. The balance sheet is too strong for that. Unless you expect the new guy to do dramatically WORSE than Mason. And I don't see why that would be the case.
The danger here isn't that the company is going out of business anytime soon. It's that it ends up being a perenially low ROE or no ROE company, that "bleeds" over years on end...or doesn't build any addl. shareholder value over years on end.