Don't you find it funny that predicting the future is so much simply predicting what's going on now? The US train system AMTRAC was an albatross 10 years ago. Today, a train trip to Boston from where I live is not only cheaper than flying, it's more luxurious and it's FASTER!! haha
I'm expecting a pretty good EPS beat this quarter. IMO, Jefferies is and has always been the best CEO in spec retail. It's not so much branding, it';s his ability to move quicfkly. I said probably 4 years ago the mall is dead. He's gotten out of them.
Malls were never about "what" was being sold but "where" it was being sold. Todays young people want to be in cities. In fact, I'll go af far as saying this. IMO, there will be HUGE growrh in America based on train lines. Right now, it costs me the same amt of money in just gas and tolls to go from Rochester NY to boston then it does to take Amtrac and the Amtrac run is 2 hours less time. Even with all the .... minorites... Downtown Buffalo is becoming a great place to live. I have meetings there
There is an Amtrac line that runs from Chicago to Ny and Boston. IMO, population is ging to move to these lines. ANF has placed itself right where young people go. You can get a beeeeautiful flat in Buffalo for $1,000 a month and you don't have to drive, mow a flippin lawn, or plow massive amounts of money into depreciation on a $400,000 McMansion. That gives you DISPOSABLE INCOME.
Once ANF is done with international ex[pansion, they will focus on smaller ciies. IMO, this will happen as more malls close and the anchor stores like CP and Sears go bankrupt.
Diego, I believe you said you had diabetes. ave you researched MNKD and their inhalable Afrezza? I wondered what diabetics thought of it.
Obama's illegitimacy comes from shovel ready products, we have to get the banks lending again, you can keep your doctor, health insurance and your premiums are never going up. It comes from the Cambridge police, trayvon martin and Sandy Hook.
President Obama's illigitamacy comes from the fact that he's a dilusonal flippin moron who runs around telling everybody that he has "game." The same people who sit like robots at conventions and say "Four more years" buy this babble. Obama is an Avatar.
There never was a "President Obama." He has no authority. The people on the left believe a man's skin color makes him smart.
People know that breast implants aren't real but are attracted to them anyway. This is the allure of these charicature politicians. The traditional democrat base is incredibly stupid. If you just look at their environmental policies, they actually HURT the envronment. It doesn't matter. One dem lobbiest once said, "our clients have the right to their opinion regarless of it's scientific basis."
The people that get me are the animal rights people. They don't seem to know what breeding is. And the anti Gmod group doesn't appear to know what pesticides are. This is what Rory Sutherland alluded to. You can't sell based on intelligence because that's not how people make decisions.
I think the white house is intentionally making Obama appear lazy, just like they intentionally make him look like a basketball player.The other thing is to make him appear intelligent in dinner parties even though he's a perfect BAFOON when the teleprompter is off
And him an his wie are back to the Sonny and Cher routine. It's a sream
Only an idiot would believe CPI. In the biggest housing bubble in history, a bubble that all but destroyed the housing market permenantly, CPI showed that the cost of housing FELL.
When analysts make estimates are they estimating GAAP. How can a company as new as FB have 12 consecutive quarters where proforma is 25-30% higher than GAAP? Why is GAAP never higher.
This policy of Obama's will simply exasperate the move away from dollars. If we freeze dollar based assets, it'll make the dollar worth less because no one will want to hold assets or trade in it. Why would Russia trade in dollars or Euro's if the governments are simply going to steal them.
Russia is a nuclear power and is the worlds second biggest oil exporter. They export oil and gas to Germany and import cars and drugs. They could easily stop importing German cars and increase car imports from China and just the same, reroute their oil to China. They could also freeze out Europe.
Countries don't start wars because they think they can win. Germany started WW2 because they were threatened. This policy of Obama's is just plain stupid. (The policy being, making bnak threats and going on vacation) Since the democrats only real policy is making billionaires richer, they don't understand that Russia probably won't play along.
I'd have to say, even though my recommendation was to short the low 40's, I would cover for the July EPS report. There are two reasons. irst, as more stores are non-Mall, july becomes a better month. The touist destinations start to clean clock in early summer. The seond reason is the only have to beat 14 cents. AN is beoming a non-back to school company. The more low end mall stores they close, the less tied they are to whay you might call, cheap neighborhood arbitrage. ANF was the most expensove store in the Mall, but it's the cheapest store in NY, Hong Kong and Boston, where $70 is chicken scratch for a pair of jeans, My daughter buys all of her jeans in AFbeause it's the cheapest store in Boston.