this story just gets worse
wake up and smell the coffee. it was a motion filed in court. news was known by market when it happened, only retail never heard about it til the Spanish language site reported it, hence the stupid panic AH. its nothing to be concerned about tho
if you shorted this over the last few months congrats but i think its time to cover and go long now. theres hardly any downside left in this and when it starts to move it will get back to 11-12 very quickly.
Geoger and co will start releasing PRs left right and center. he was given 2 million share options, he's now a long too so he will be working his ass off to turn the company and stock around. he won't sit idly and watch this company go broke. they have plans to cut expenses, streamline stores, increase digital presence and reinvigorate the brand with their demographic. this is one of the best retail plays out there long term
this is a turnaround story. the guidance was deliberately lowered to coincide with the return of Geiger, so when they beat next ER he looks like a hero and a pivotal figure for the turnaround. Its all about sentiment and they are gearing up to change that as well as start heading back to a profit. Geiger's return was ushered in by Sycamore and the big institutional holders, i trust they know what they are doing.
Will get in on a great entry tmrw. AH action was not that bad and finished well off the lows.
may take some off the table and go more cash for the weekend. lots of things happening in the world now and the market is so nervous it doesnt need another excuse like bombing Iraq to sell off.
Big HIMAX customer Japan Display Inc down11.5% as Japan opens after they posted a sizeable loss that was worse than what most analysts had foreseen
that article is void of facts and proper #s. Rift is 2-3 years from market, the Galaxy is the screen in the DK2. is it even confirmed HIMAX is a part of Rift? certainly not the display part, the DK1 had HIMAX supplying a timing controller, but thats nothing. years away from Rift launch regardless
no company uses these events to announce such things, as well as the supply agreement meaning they are going it alone
no sensible pharma would partner with this. black box rems 4 studies needed previous similar products failed other companies developing better. back to 5s very soon.
they have no clue what they are doing. raid a 100 mill at IPO just to pay off less than half their debt, no money for expansion
and about 10 this year.
they will need to capitalize very quickly on this IPO before it really sinks back to the 20s, which will happen very quickly. they need money to pay off their huge debt before they can even think about expanding stores so bankers will pressure them into secondary. probably be $20 at most
they're still $189m in debt, 7 straight years of losses, they don't have any money for expansion
even the biggest pumper of this stock knows it was all a scam and doesnt want egg on his face as the real story of this next-to-no-growth company emerges. low 30s easily by friday
http://www.forbes.com/sites/caroltice/2014/07/25/heres-what-investors-who-gobbled-el-pollo-locos-ipo-missed/ guess again
you see how quickly it fell today intraday and the tank to 29 on tuesday?
shorts have stopped covering as u saw into todays close on a friday. every new short today is very comfortable
same team nothing has changed, this restaurant doesnt work anywhere else