Has he apologized on air yet?
They claimed "source"......sure, the source is Tilson.....
Good post...I guess in that sense AAPL would be analogous to CSCO, another Dow stock. You may recall in 1999-2000 CSCO pre split was growing exponentially. Then, over time the float grew so much, and the router business stabilized. They had an acquisition strategy, but they were never able to continue that growth. Therefore, as you suggest, they rely on dividends and share buybacks to interest investors. As for AAPL, cars and other toys notwithstanding, this may be their fate as well over time.
No need to be defensive.....These same analysts think revenue from the watch may start strong, and then fade into the late summer. It's not like the I-phone, that reinvents itself with a new cycle periodically. As for cars, that's a pipe dream. No one I know buys and holds a stock for over 5 years, waiting to see if a new product will succeed.
They say the growth will slow, and so will the stock. When the market finally corrects, as it inevitably will, AAPL could fall to about $110-$112. Then it will become a buying opportunity. No, I'm not short the stock, so don't bother attacking me. I'm trying to present a logical scenario, based on a consensus of input from various sources.
If management is 100% correct, the stock will soar 10 points tomorrow and Friday. The laminate floors are about 5% of their revenue, so that's a non issue. Wait, did I mention that CBS 60 minutes team is considering recanting their entire story, which was motivated by one short seller?
Hearing some technicians think the stock could even hit $50 at some point in tomorrow's trading.
Short seller Asensio reports CBS was motivated and swayed by Tilson, and their are many inaccuracies in the report.......On a related note, shorts would have to be pretty stupid to stay short going into tomorrow's conference.
This stock is an absolute dream for traders....But clearly it's a gamble either way.....Right now, the Vegas odds would suggest a short squeeze today and tomorrow, followed by a fade of the squeeze on Friday.
On the other hand, in a street "battlefield" stock, anything can happen.
News story out this morning...."The worst is over for LL"....they were quoted as saying....and "only a very small portion of LL's revenue is from these laminate floors."
Keep in mind the smart money always has the news before anyone else. In this case, they probably have seen the outline of tomorrow's presentation by management.....We'll see everyone at $40 by tomorrow's close.
As for Lumber Liquidators, (NYSE: LL), the stock will be near $40 after the conference call tomorrow.
"Tim Beyers: (The Habit Restaurants): When talking about the best burgers in Southern California -- or frankly, anywhere in the U.S. -- In-N-Out Burger and Five Guys, and the competition between them, usually get top billing. And yet it's the Habit Burger that Consumer Reports rates as America's best.
Invented in 1969 in Santa Barbara, CA, the "Charburger" has enough of a following that The Habit Restaurants is outgrowing Chipotle today. Revenue was up 42.1% in 2012 and another 43% in 2013. Gross profit surged 48% and 39.8%, respectively, over the same period. Yet, the growth doesn't stop there.
In Q3, total revenue soared 57%, gross profit improved 57.6%, and cash from operations more than doubled, according S&P Capital IQ. The stock is nevertheless down about 19% since its November debut. Mix in the company's long-term goal of growing its footprint from 98 locations as of August 2014 to more than 2,000 nationwide, and you have a chain with the sort of breakout potential that Chipotle had when it joined the Motley Fool Rule Breakers portfolio eight years ago, before it became a ten-bagger.
"On guidance, Setyan said, "Initial 2015 guidance calls for revenue of $216-219 million on 26-28 co-owned openings, 3-5 franchised openings, and 2.5-3.0% SSS growth (vs. current 2.2% cons). Given additional 3% menu pricing in Q2, continued positive mix shift, and strong transaction momentum, we believe SSS growth guidance is likely to prove conservative, even in the face of more difficult 2H comparisons.The firm is raising 2015 EPS estimate to $0.18 from $0.15 to reflect guidance and Q4 strength. The firm is also introducing 2016 EPS estimate of $0.26 and our 2016 EBITDA estimate of $27.1 million (unadjusted)."
"Wedbush analyst Nick Setyan reiterated an Outperform rating and bumped his price target on Habit Restaurants (NASDAQ: HABT) to $42.00 (from $40.00) following the company's Q4 beat. The analyst believes 2015 guidance is conservative.
"Given our continued expectation of upside to 2015 expectations, our belief that The Habit's metrics render it the most compelling growth restaurant among growth peers, our analysis of historical best-in-class premiums, and a limited float, we believe The Habit is poised to command an even wider premium to peers," Setyan commented."