RS may know where the mkt is going but should stay away from conference calls. When he stated that same store sales were soft last qtr, he blamed it on the fact that the store is inundated with lunch customers all at once. Are you kidding me? He actually said this; just before the shares dropped $20.00.
You will do fine. A storm or two and this will turn on a dime and head a lot higher. Minimal downside with much greater upside. Forward p/e of about 14 not much to not like. It is a bet on the weather and to a lesser extent discretionary income. No one buys what they don't need today, today. But when a storm hits, you can't find a generator. Hang tough, sell the calls for some income. Buying what is unpopular is where most money is made.Good luck.
Think long term. WFM is peerless in a megatrend that's going to be with us for a long, long time. They have the best balance sheet in the industry and the experience is a destination, not a chore. We may have to wait a while, but as Jesse Livermore said, patience paid him more than greed or fear.
Mr. Mkt read the purchase as a steal. I saw it as an Icahn/Peltz scheme to get their money out of FDO before the roof caved in. The synergies of a merger like this is not youth potion or a cancer cure. It seemed the perfect time to short DLTR and .looking to cover soon and scalp a few $K for the day. Long term LTR looks fine. A bettr way to play it it seems is wait for it to settle in and then sell OTM puts. G.L.
There will be lots of work to integrate the two companies, not at a small cost. If FDO is left running as a stand alone enterprise, the costs are higher still. DLTR running up $5+ is way overdone. Short 1K at $59.10 for a quick scalp. Long term, DLTR will do just fine, but todays run up was just to good to pass up.
Sold the AUG-135 puts here, collecting fear money from the loose hands. I doubt we'll see 135 but if we come close, I'll sell a raft of the next lower strike or two. Every store I go seems busy. They need to do a better job promoting the brand and hopefully a new CEO.
That's because, like the herd, you're a buy high and sell low kind of guy. PNRA is a buy here. Most people get interested in stocks when they're popular. You don't do well buying what is popular. You only do well buying what in not popular.
Millions of people around the globe every year become first time flyers. As people in China, Brazil, India, Russia and beyond become more prosperous, they also become air travelers. Additionally, older fuel inefficient planes need replacement. Both these factors will put a whole lot of business at Boeing's doorstep. Air travel increased 32% over the past 5 years and it is accelerating. While the short term chart may not look pretty, buying what is unpopular will be rewarded.
You totally do not know what you're talking about. Do you your homework and look at T earnings after they beat, match or miss earnings. Do this at post earnings 5 days, 10 days, 20 days and 30 days and you will see you don't have a clue.
Let's hope Obama and Holder send a couple hundred of these immigrant kids right nest door to your trailer park!
You don't know what you're talking about. And remember this, regarding your picks. Most people get interested in a stock when it's popular. You don't do well buying what is popular. You only do well buying what is unpopular. So go ahead and buy your stock picks at their top after they've run 32%, 21%, etc.
a penny beat, with a drop over the next week or so before coming back to todays price. Looking to sell a raft of AUG-35 puts for a scalp, but i'll wait a few days.
And veterans get ghetto hospital treatment and lines while illegals get 1st class medicine. Thanks to our feckless president.