an interesting correlation... it is noticeable that the more TNK drops, the more upbeat your posts become. pls share the manufacturers name who produces your meds. you need to share that too.
since i closed my TNK position, (and you berated me for that) i've avoided a 51.2% capital loss. the yield doesn't begin to cover that.
i suggested then, and i repeat, you simply MUST diversify. never a good idea to have all your eggs in one basket.
DIS is destroying ESPN by trying to change it over to their entertainment business model. had to switch to FOX Sports after listening to a consortium of 5 women gabbing about the NBA. unreal. was like listening to the Today Show. unbelievable.
it isn't ESPN dragging down DIS, it's DIS dragging ESPN down.
while i always want more, am quite satisfied with MCS outperforming the markets. good, safe investment with good opportunities and sound management group.
Janik cited snowfall as a reason for poor earnings and sales. baloney.
although North America experienced a milder winter in terms of temperature, avg snowfall was up in most regions. following Toro (TTC), their pickup truck plow sales increased last Q. the take on that is that PLOW again lost market share to the BOSS snowplow line.
let's be honest here....
ask Junior Bridgeman and #$%$ Fox about that. between them they have divested 353 locations in the last 2 months. despite a nice Q, Mr Market is down on WEN outlook.
WEN refusal to consider a breakfast menu has cost them market share to MCD. Their business model is nothing but the same old, same old.
have had enough. continues to underperform a sinking market. no catalyst in sight to turn around the losses. will take my beating here and move on.
Sentiment: Strong Sell
i'm not only a customer, i'm an owner. AMTD represents 1.4% of my stock portfolio. i added this position about a year ago along with 5 others. AMTD is by far the poorest performer as the other 4 have all gone up. the yield is pedestrian and does not begin to cover the 8.9% capital loss i've incurred. AMTD is vastly underperforming the DJI and their sector as well.
i sent them an email today through their site relating my dissatisfaction with their CEO Fred T. and suggested the BOD replace him. i also asked them to forward that message to the CEO and Marketing VP.
The Marketing group has made a joke of AMTD. their television commercials are insipid and their caricature of the "Ask Ted" guy on their site is simply stupid. while that extremely poor marketing campaign has continued, market share has dropped to both Scott and E-Trade and earnings reflect that.
if you're in agreement, and are a customer of AMTD, send them a message through their web site. maybe someone there forwards it.
not a good strategy kosmic. you want to buy low and sell high. you realize nothing with a buy and hold strategy. you may as well be in bonds. it is paramount that you try to turn your money. little chance of that here.
after posting yesterday i thought about what i said and then went and closed my AMZN position. i just think the bubble is bursting and the reality of the business metrics begin to catch up to former market sentiment (PE, yield, et al). i look at RH Restoration Hardware and see many parallels between them. you can throw Twitter into that bucket as well. a fad that is no longer gonna hold up to investor scrutiny. they are not at all like AAPL or FB that can turn into a revenue generating business.
i drove past AMZN new fulfillment center in Kenosha, WI on the way to Chicago last week. whereas the huge parking lot was nearly filled over December, and you would expect much less cars in March, the hundreds (thousands?) of empty parking spaces now was unbelievable. 3/4 empty. went on AMZN site and just don't see the need for their business either. no great need for their service and think Google still reigns.
Sentiment: Strong Sell
i think the fad is waning and the bubble is bursting. bought into AMZN to try to simply ride the wave but that wave has crested. since late December AMZN down a staggering 16.76% while DJI up 1.91%. that's rather telling.
this is another valuable, however costly, lesson for me. buy on metrics not market sentiment. the shine is long gone and going faster.
the leasing of 707's is a futile move too. focus on core competency rather than taking on FDX or UPS. also, after AMZN announcement of 707 (20) plane leases, FDX laughed about that in their ER this week. FDX share price then bounded by 11% while AMZN continued to plummet in an up market week.
oh, it's going somewhere. unfortunately, it's in the down direction. i totally agree with you on the overpaid execs and AMTD CEO Fredric J. Tomczyk is a prime example. as AMTD continues to lose market share, and as shareholder wealth continues to decline, Tomczyk continues to reign. the BOD takes no action. the direction is lifeless and anemic. no catalyst on the horizon to reverse the downtrend to share price. there needs to be a proxy. of my latest 6 buys 6 months ago, only AMTD is down. not just a little but nearly 9%. the modest yield doesn't begin to cover that capital loss.
nice earnings, conf call and incr to dividend. i stuck with Toro (TTC) and the Boss plow line and am up 15.7% since my buy. their yield is smaller but the capital return has been great during our lousy year (to date) in the markets. still in all, i think now i will let the dust settle and hope for some PLOW holders to take profits and then i will re-up here. either that or buy on a dip.
regardless, good day for you here...!!!