I use to work at what is now ATK . . . they are a different breed of managemnent . . . I doubt any of the people you mention above would be kept.
Fully aware of it . . . looking at the chart just now, I would say it has not worked out too well for them, as that was a number of years ago when all that was going on if my memory is correct.
I was reading tonight - on Bloomberg of all places - how the large short bet placed by Bill Ackman on Herbalife has - at least for the time being - blown up in his face.
I have copied and pasted below, the two most interesting paragraphs from that article "Bill Ackman's Hilariously Inept Crusade Against Herbalife" . . . this should be a wake-up call for all the shorts. On top of this, they need to keep in mind that BO is still large and in charge for the next few years, followed by Billary. While gun sales will not likley see a spike like they did after SH, guns are so deeply part of this country's history, they ain't going away . . . as much as some pompus, clueless Brit wants them to.
"But as an investment thesis, shorting Herbalife has been a horrible idea. Herbalife's stock has failed to cooperate with Ackman: It more than doubled in 2013, although it's been down this year. Plenty of other hedge-fund managers could have told him from experience that the prospect of future regulatory action is rarely a good catalyst when shorting a stock. The government might not act, even if the company is a fraud.
Undeterred, Ackman's firm, Pershing Square Capital Management, hired a small army of lobbyists and P.R. specialists to run a national campaign in hopes of making his prophecy come true. They in turn have enlisted people such as U.S. Senator Ed Markey of Massachusetts and U.S. Representative Linda Sanchez of California, both Democrats, to send letters to regulators (without mentioning Ackman's role, of course) asking for investigations of Herbalife."
I have been telling my FA for months that either RGR was overvalued, or SWHC was grossly under valued, but reality was likely in between. We will wake up one morning — hopefully soon, because frankly, this BS is getting old — and TDK will have an offer on the table for SWHC. I think they will select it over RGR because SWHC sells to the civilian, LEO and armed forces. And given that TDK already sells to all three of these markets, it makes better strategic sense. You would think that SWHC would at lest fetch $25 a share.
This is his real job; that is obvious . . . he is a paid SHORT basher for a boiler room.
RSH . . . man, talk about junk . . . that turd has been circling the bowl for years, and is frankly irrelevant in today's world. A few years ago, when it was still garbage - but not as bad as today - management thought nothing of paying Lance FraudStrong and his team millions of dollars to race their bikes in the EU. I never really understood why management felt the need to spend like $10M (need to verify that number, but close) a year to sponsor a cycling team in a country where they have no presence?
So, when you say SWHC as a company is another matter . . . just wondering what you mean by that. If I am not mistaken, it may very well be the oldest American manufacturing company publically traded; could also be DuPont though? But few American companies are as iconic #$%$&W. Aside from their past security fence screw-up, this company is back to being laser focused and doing what they do best, making great guns for America citizens (a right no other country has); LE agencies and Military. I just hope ATK is smart enough to purchase them.
What about all of the naked shorts . . . . where were those lent from? At my last check a few weeks ago, we were at like 31% of the float short. How much of that is naked and all of MB's hedge fund pals trying to crush this iconic American manufacturing company?
My bad, as I started this thread, and yes to the real IIIorac, I am dyslexic . But to the point, your posts today seemed to have dried up compared to past days, when your postings seemed to be on auto drive, and finding all sorts of reasons to lecture us as to why SWHC numbers would wet the bed. I remain suspect that you are long.
Illorac? He has been very quiet since the numbers were posted . . . what up with that . . . .care to chime in with your vast wisdom on this puppy?
Can you imagine what the AH price would be if this was some social media company posting number like this . . . it is flat out amazing the toxic baggage surrounding this stock by all of the left wing morons. I expect the short ratio to climb from the current level of around 32% percent to like 40% because you know the "gun boom" IS over and SWHC missed their numbers. Did you all see the latest new wire today about BO trying to get Congress to approve $182M in more anti-gun measures. Google It "Obama asks Congress for money to prevent mass shootings". One thing is for sure, with 2 more years of BO, and another 8 years of Billary, the gun boom is far from over, as they will CONTINUE to try everything in the book to put SWHC and RGR out of business.
I would not exactly call this a lively or active board as evidenced by the limited number of daily posts. So I seriously doubt the lack of any information of substance being posted on this board is driving the spike in TQNT's price. Correct me if I am wrong.
Your posts seem to indicate otherwise (see below) . . . so which is it? I know, who is counting amongst friends, but since your first post on the 26th just on the SWHC board, you have posted 42 times (I have not bothered to count the number on the RGR board) . . . it seems a bit odd if you ask me.
So, I say you are either short — which is fine, or a paid boiler room short, which is a different matter. Remember, Billary will be the next prez, and MB and is ilk are far from done with trying to put SWHC and RGR out of business, so this "gun run" is far from over, and we are always just one more nut job away from another tragic shooting to stir the pot once again, albeit without that moron PM to pour more gas on the flames . . . maybe MSNBC will hire him and all will be well in the world.
Reply to Bottom line:lower growth rate and margins going forward... by llllorac •Feb 25, 2014 7:15 PM
llllorac • Feb 25, 2014 10:47 PM
I'm still neutral......not long or short. My record was clear on when I sold. If you're kicking your butt for hanging on for more, don't blame me. Someone needs to be the adult on this board and speak the truth. Most of you are like a gaggle of junior high cheer leaders. You believe if you shout loud enough it will put points on the board. Less
Reply to CAPEX will be an issue here too..... by llllorac •Feb 25, 2014 8:18 PM
llllorac • Feb 25, 2014 10:37 PM
My analysis scaled me out at over $15..... If that's boring to you, then I'm not looking for the excitement you've had in the last month.
Just wondering, for someone that sold their SWHC and RGR close to the top, and has no intention of buying back in any time soon, I was just wondering why you spend so much of your valuable time posting on the two respective boards . . . makes no sense to me?
Likely true - and management of both companies has not been great, let face I - but can you explain the price action of TQNT post announcement . . . this thing looks like it want to go higher?
What about the wisdom and guidance of our local board MORON and bipolar looser, Mikey?