Retail not up? Really? What about PETM, DKS, LOW, ULTA, ROST, WF, NGVC, LOW, all at or near their 52 week highs and all time highs. Or perhaps I should return the new sailboat.
No doubt, we've got to be picky about which retail to add, just like the eateries. new wave seems to offer better opportunities. Back into the shares today at $61.05 as we approach an almost 6 month low. Sold to close my profitable Oct-60 strike puts as well. Thinking about selling the 55 puts as I think we may have bottomed here.
Sounds like a solid plan. GL. This is my only retail play right now as I segued into the healthcare (HCA, DVA), drug distribution (MCK, CAH) and a few pharmas (VRX, BMY). No shares, just writing puts 1-2 months out, a few strikes out of the money and puttin' on size to make up for the small premiums, which have been fattened a bit with this recent pullback.
Did you find your balls? or did they roll out the door when your wife found out you spent the milk money shorting ISRG?
Not even a reason for your view?, news, facts, or positing a theory? Go finish your paper route and maybe some day you can put some nickels and dimes together and actually own a share or two of a gem like this. And clean that damn trailer.
Go finish your paper route. Me, I scalped in at $67.40 and out at $70.05...shorts lots of puts....I'll be shopping for a new sailboat this weekend....you? can clean your trailer!
It's all drama. There's a one in a million chance of default. When, or before the gov't reopens, the top will come off this thing, all blue sky....$180+ I'm shorting OTM puts as we drop....puttin' on size!
With everyone and their mother producing private label K-cups, what's the franchise for GMCR? I mean, what is the barrier to entry for anyone to take GMCR's house down....I've made some $$ swing trading this but the volatility is crazy..
Thanks so much for your polite answer. I'm a fan of GMCR coffee, prefer, SBUX coffee, but have not tried the other brands. Personally, I wouldn't buy pods as they're too expensive for the convenience, but hey, I'm part Luddite.
I doubt you'll see $200 before you see GOD. That said, I think you're chances are better on the short side. I might fall in, but it will be by the way of some shares short, maybe 300-500 shares, but more with selling naked calls.
Better re-read the entire report. You're in a low interest rate environment in a recession. Record profits, yes, revs down,....but every earnings report has something not to like. 3% div, great prospects, great reputation...consistant....maybe you should go and buy some FB or something else to excite you and keep you awake at night...
Dopes selling off shares on decent news while JPM flat on losses. Go figure. Added 1000 shares at $40.64 Loose hand shake out and MM's expecting calls from shareholders.
Hell, it's run up over 50% over 12 mos....no hurricanes to speak of and this is causing some concern ; spurring lots of put buying to protect at $40 and $35 for the month of November...I've sold some Nov 38's which are under water somewhat, but still holding on to them and will take the shares at $38 if they end ITM. Good Luck
At 47 X earnings, lots of people are going down with this...might take a while, but the air WILL come out.
Obamacare will do nothing but bolster DVA. All preventative care MUST be covered by all insurances. DVA will be a HUGE beneficiary. And Warren Buffett agrees. Think you're smarter than Warren Buffet?
You will see God before you see PNRA at $80. Saying something so stupid could only come from a pis sant with a paper route. Now go clean you #$%$ trailer.
You forgot to change your alias. failed restaurant concept?? really?? Every PNRA I've been to is jamming. Healthy food is I hope, not your best idea of a failed concept. With over 1700 stores, there is still plenty of room for expansion. Restaurant revs are inversely correlated to auto sales. The next mediocre auto sales qtr will see PNRA doing well again. I don't own the shares but write naked OTM puts and am short the NOV-145's, which I think will hold.