As of 5/31, 28mm+ shares short on average daily volume of 8mm shares. Almost a double from a few months ago. Besides the summer doldrums, any major news I missed?
I know how you feel. I have come on these boards asking for ideas and have gotten smothered by idiots. When I looked at the initial thread on this post, I was going to give an answer similar to yours, but my thought was "don't bother". Please keep posting.
Also agree with article, read the pdf. They would do best to build up some of their non-key, disjointed ventures and divest. But the numbers vs Hain look impressive.
Its about margins and growth. Most supermarket/chain stores are on razor thin margins. Whole Paycheck isn't. Kroger has spent massive dollars remodeling their stores- raising prices and confusing their customers as to where everything is. Diapers are directly across from frozen pizza. I haven't had anything Italian since they remodeled my store.
Krogers also has gasoline-you can earn up to $1/gallon discount on your purchases based on grocery purchases. Trouble is Remke and Meijer have the same thing going. Gasoline is a loss leader.
Kroger also just discontinued their double coupons- Meijer and Remke kept theirs. It has become difficult to ascertain exactly who Kroger is targeting as their customer base.
Finally, much of their organic merchandise isn't selling. Almost everything in the organic dairy section gets marked down. Their organic produce sells at parity to conventional produce often, sometimes less than its counterpart, making me wonder just exactly how organic it really is, or how much they are making on me on their pesticide laden goods.
And here in Cincinnati(the corporate home of Kroger) there are only 2WFMs to Krogers 50+ stores.
I bot the Jan'15 25 calls and sold the June 34 calls. No matter how I look at this(rolling up and out or buying the short calls back) I'm going to take a haircut. Any ideas? Thnx
Lowes allows it employees to buy company stock at a 15% discount(up to 20% of an employees' income). Recently one of its employees(age 58) retired with over $3.4mm in stock, putting $30-$40 a week away in their ESPP.
Lowes also matches the first 6% of an employees 401k at 4.75%. Their benefits package is way above par, reasonably priced and is bought on pretax dollars. If you don't want to retire poor, have the discipline to pay yourself first. If you work there and are paying too much in taxes, shelter it. If you want to make more money there, tell the guy who puts the lawnmowers and grills together that you'll pick up a screwdriver and help him. Show some initiative and that you want to get ahead, instead of fault finding on lame message boards.
One of the best ways to bankrupt any private or public entity is to institute or continue a defined benefit program. The days of Debs and Gompers standing up for workers who were being abused have passed. Half of these idiots call off at least one day a week, leave early and wonder why they're constantly broke. They deserve what they're getting.
Soros, or any large trader could be short the futures and long the options as a hedge. $25 million could very well be a hedge at his level.
Just like they are going to get to the bottom of Benghazi, the IRS debacle and the AP fiasco. How does anyone take them seriously?
You obviously have no technical knowledge. You will need a selling crescendo/capitulation to find a bottom, or at least a "W" double bottom for verification. A print in the mid to upper teens is possible. I would get a position going by selling some otm puts around the 15/16 level. GLTY
The solar industry only survived due to government bailouts/guaranteed loans. Silver/gold will not go to 0, but can still drop and languish for extended time. A drop to the mid teens is very probable.
Titus, While I applaud your conviction, I am reminded that discipline trumps conviction every time. The opportunity cost you are paying will outweigh you getting back to even. Will the corporate offices of SSRI hang a plaque on its wall for your loyalty? I think not.
My technicals show that a 3-print on this is not totally out of the question. As silver falls or even just does not move up, every day SSRI will be losing money. By the time silver moves up on inflation worries, their cost of borrowing will become prohibitive.
I believe SSRI is fundamentally a good company. I am waiting for a capitulation to enter this. Good luck.
Best way to have Starbucks pony up taxes, or get them audited, is to have them announce they are having a "Tea Party" for their "Patriot-ic" customers.
Sbux has the same deal on a free cup of coffee when you bring in an empty bag of SBUX coffee.
When our treasury secretary, who is the head of the IRS admits to cheating on his taxes, do you think anyone has real credibility on taxes?
I'm long term long on SBUX, but hedged. When the stock was at 53 I bought the Jan '15 50 calls and have been selling the monthly otm calls against them. With new markets opening up and coffee REALLY cheap right now(look at SBUX inventory relative to prior years) I see a slow but steady rise in this issue. Food will add to the the top line, but bring down margins.
I have recently had my head handed to me on short term trades(shorts) on FSLR and AAPL, so don't make me out to be a Svengali. If I/we treat this like a marathon and not a sprint, I think we'll be ok.