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ZAGG Inc Message Board

mngtscrwdup 810 posts  |  Last Activity: May 29, 2016 3:54 PM Member since: Mar 10, 2005
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  • mngtscrwdup by mngtscrwdup Mar 10, 2016 2:29 PM Flag

    shows how desperate and #$%$ the financial community is. the only place for money to flow is in inflating asset bubbles, but that never works in the long term. once the markets finally admit the central banks are smoking crack, the markets will absolutely plummet.

  • mngtscrwdup by mngtscrwdup Mar 11, 2016 2:28 PM Flag

    way too much leverage to macau and problems in china are going to get worse before they get better. this business is not cheap for all the risk you need to take to invest in it. seems to me that the biggest reason for this runup is simply the bubble of cheap money thrown by the ECB. draghi is just a drunken sailor.

  • mngtscrwdup mngtscrwdup Mar 14, 2016 8:06 PM Flag

    if you think that our country is a laughingstock then you should be blaming the current president. if Obama was a great president, our country would be highly respected, and voters would feel no need for Trump. just like this racism is based on an over-reach by minorities who claim that only "black lives matter" (ALL LIVES MATTER). who is to blame for violence at trump rallies? - the trump fans who are there to support their candidate or the protestors who go there with the GOAL to incite violence. i have mixed feelings about trump, but there is a valid reason people are tired of ignoring the crazy left wingers and the media that coddles them. liberals cant see that their poo smells just as bad as the right.

  • Reply to

    Trump..... You have to laugh

    by soccerstar61 Mar 14, 2016 7:58 PM
    mngtscrwdup mngtscrwdup Mar 14, 2016 8:11 PM Flag

    i have no problem with your lambasting Trump, but honestly, the violence is incited by the protestors who go there with the goal of inciting violence. you dont see trump supporters causing trouble at clinton or bernie speeches, at least not yet. if i went to a NAACP event and starting shouting the N-word I would expect to get clobbered. we are tired of double standards.

  • couldnt happen to a nicer guy.

  • Reply to

    Even at this Price, Gamestop is a Buy

    by valueorientedactivist Mar 3, 2016 11:52 AM
    mngtscrwdup mngtscrwdup Mar 16, 2016 5:56 PM Flag

    with fixed expenses in stores and employees even a 20% decline in revenues will be horrendous. the big problem for gamestop is that used game sales are where they make all their profits, and digital downloads cannot be resold. the fact that they are raising money to further diversify away from games should be a clue. the big question is how profitable the company is with less used game sales. this is one of those scenarios where the weakness of the core business is being disguised by diversification, but that diversification looks to be much less profitable.

  • mngtscrwdup by mngtscrwdup Mar 16, 2016 6:04 PM Flag

    spending millions of dollars to acquire at&t stores is incredibly desperate as gamespot sees its core businesses falling. the only reason i am not a short is that used cellphones might provide a good business model in the short-term, but over time, this business is going to fall hard.

  • Reply to

    All in at $30

    by fivestarsam Mar 17, 2016 11:57 AM
    mngtscrwdup mngtscrwdup Mar 17, 2016 1:15 PM Flag

    there is zero chance it files bankruptcy.

  • mngtscrwdup by mngtscrwdup Mar 17, 2016 1:15 PM Flag

    big buyers are willing to buy more shares than sellers will sell.

  • ok, so valiant is a company with challenges, the old business model of raising prices on drugs to payers wont work. but the company right now has plenty of cash flow to support the debt and has solid profitability. there is a one-quarter issue that is happening next quarter where earnings are falling precipitously. but the price has that baked in already. the big issue here will be resolved quickly, which is to restore confidence. next week expect to see them get the banks to agree to extend the time to file their financials, and the stock will move up quite alot. i'm looking for the stock to double in 6 months. will VRX be a 200 stock again soon? no. but it can be a 100 stock in a year from now. i guarantee that ackman is doubling down and will gain back his losses, although he may never see gains.

  • mngtscrwdup mngtscrwdup Mar 17, 2016 2:00 PM Flag

    it wont happen that fast, but there is no reason for the creditors not to grant the extension.

  • i have seen this before. management throws all the problems into a quarter and tanks the stock price and then it puts in a bottom. my guess is that ackman and the other hedge funds are glad this happened and are ready with cash to buy shares from the suckers who are selling. we will see some nice 10% up moves over the coming weeks. they said they just paid bonuses, so i bet there will be new options granted a this prices and that executives will be hungry to see the stock price rebound. the overall business is still strong here.

  • mngtscrwdup mngtscrwdup Mar 17, 2016 3:30 PM Flag

    they will have 6 billion in free cash flow this year, so they can easily service the debt load. this is just a huge overreaction by the market. i am sure there are plenty of meek fund managers who are selling, because they are sheep. the management just threw the baby out with the bathwater for the coming quarter. that is the time to BUY, not sell. if you predicted this 6 months ago, they you are brilliant, but not now.

  • Reply to

    valeant trading at 4× earnings

    by ri10000 Mar 16, 2016 7:37 PM
    mngtscrwdup mngtscrwdup Mar 17, 2016 4:04 PM Flag

    2016 eps at 8.50 to 9.50 a share. that would be an eps of 4, not 19. get real

  • Reply to

    short percentage is paltry 4.5%

    by ichirotrading Mar 17, 2016 6:38 PM
    mngtscrwdup mngtscrwdup Mar 17, 2016 7:21 PM Flag

    agreed. the past short interest was surprisingly low. the question is for how long the dumping lasts.

  • mngtscrwdup mngtscrwdup Mar 17, 2016 7:28 PM Flag

    no dummy. you are only forced into liquidation if you have borrowed on margin for your investment or if your investors decide to cash out. the next opportunity for ackman's investors to cash out is in mid-may. this is about valeant needing to get the financing secured and the investigations by the SEC, etc.

  • mngtscrwdup mngtscrwdup Mar 17, 2016 7:28 PM Flag

    actually most of the analysts still have price targets much higher than the current price.

  • mngtscrwdup mngtscrwdup Mar 17, 2016 7:30 PM Flag

    BK, that is absurd. it is possible the company is broken up, although I doubt it. the basic issue here is that the company needs to get debt holders to agree to extend the covenants of the agreement.

  • it looks to me like zagg is seeing declining sales and so it goes out and buys a competitor so the financials wont look so bad. but this competitor has lower profit margins and zagg gets to take out 100 million in debt to finance it. with profits down to 5 million in the latest quarter, you have to really wonder why this company is worth $250 million??? i also recall that hales is selling stock, and a bunch of executives cashed in their large stock grants. also, zagg has been buying its own stock back,but why would it be buying back its stock when it could have used that money for the acquisition? is this just to prop things up while management sells off stock? i noticed that zagg projects growth in 2016 in zagg revenues, before the acquisition, but it looks to me like the last quarter is telling us that year over year revenues will be very bad in the coming 2 quarters. so will zagg be saved by a new iphone??? is it possible that the new iphone will actually catch up to some android phones and have some shatter-proof glass? so the keyboard line has lost sales and has a strong competitor in logitech, the core shield line could be vaporized with new iphone features (that seem to be overdue) and the new company they bought has lower margins (they kind of danced around it on the conference call) and the executives seem to be exercising lots of options and generally selling them out. unless they have some great products in the works, this is a disaster waiting to happen. watch for earnings to evaporate next quarter and little to no earnings for the year unless they get lucky and apple has a huge new iphone. (my guess is that apple's new phone will be just OK).

  • mngtscrwdup by mngtscrwdup Mar 18, 2016 10:20 AM Flag

    is always required. we probably just saw that, but maybe still coming. at some point here the sellers run out of shares to sell and buyers will take over.

ZAGG
4.84-0.13(-2.62%)May 31 4:00 PMEDT