Sat, Apr 19, 2014, 10:52 PM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

AFC Enterprises Inc. Message Board

principletrade 196 posts  |  Last Activity: Apr 17, 2014 8:57 PM Member since: Aug 10, 2012
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • Reply to

    VOXX/Emerson Rumor

    by jj1000003 Apr 17, 2014 9:17 AM
    principletrade principletrade Apr 17, 2014 8:57 PM Flag

    It's probably the same guy with a different user name. It's a weak argument.

  • Reply to

    WWE making more ill fated promises.

    by principletrade Apr 16, 2014 12:14 PM
    principletrade principletrade Apr 17, 2014 8:27 PM Flag

    Your MLP's are surely safer and offer steady income without uncle sam double-dipping. SFY is a renegade play, but I don't think it's a reckless stock to buy at the current price even if it's potentially volatile.

  • Reply to

    WWE making more ill fated promises.

    by principletrade Apr 16, 2014 12:14 PM
    principletrade principletrade Apr 17, 2014 5:42 PM Flag

    They are an oil and natural gas company founded in 1979. At a glance, they claim a book value of $23.81 per-share. They are trying to increase liquidity from a sale of one asset and attempting a joint venture on another asset. They have announced they plan to reduce CAPEX this year to improve the bottom line. They have recently added 3 profitable well sites producing 1,212 BOE per-day with 80% oil. 39% of the float was short-sold as of March 31st.

    I bought this at a significantly lower price than the current price ($9.75 and $10.60) , and it may be wise to look for a lower entry point as the stock has run up significantly from its recent lows, but I think from a value standpoint the current price seems attractive. I think it looks like a value play and a potential short-squeeze. Your mileage may vary.

    Sorry to spam the WWE board with this everyone...

  • Reply to

    WWE making more ill fated promises.

    by principletrade Apr 16, 2014 12:14 PM
    principletrade principletrade Apr 17, 2014 12:25 PM Flag

    The problem I see with selling "close to 400k" PPV subscriptions is this... Everyone that watched on the WWE network was effectively losing money since the network has way less than a break-even subscription base.

    The people that paid for Wrestlemania 30 were the only profitable viewers and that number was, understandably, dramatically lower than it was last year.

    Oh well, it's clear that most of the "big guys" see things differently than me. I think they are wrong, but I'm keeping my hands off this stock for a while. I question what their motives are. In simple terms, I see the WWE network as, at best, breaking even a year or more from now, and it severely hobbled their ability to sell PPV subscriptions, which are their only profitable pay-viewers.

    Dabqs, I have a stock that you may be interested in. You can make your own conclusions if you do DD on the stock, but it's an issue that I feel is under-priced fundamentally and has a TON of short interest. Swift Energy (SFY) Last I checked about 40% of the float was sold short. It's showing a trailing loss, but that was due to write-downs on one specific well site.

  • principletrade by principletrade Apr 16, 2014 12:14 PM Flag

    WWE is making promises that they'll reach 1M subscribers by years end, which seems like a believable, but generous projection. It also implies that, at best, they will break even on the WWE network.

    There have been a few analyst reiterate "buy" ratings, so I've covered. It was a great run and made plenty of money, but I know the gig is up for shorting this stock for now.

    WWE's PPV sales dropped dramatically compared to last year. WWE said "almost 400k" subscriptions. I don't know if that was domestic or total, but either way it's not good.

    If this stock runs back up, it will probably be another good potential short.

  • principletrade principletrade Apr 16, 2014 12:07 PM Flag

    Emerson may be a top 100 name in its category, but it just doesn't make any sense at all considering VOXX issued a statement that they were winding down some of its low-end brands to focus on their middle and premium brands with better margins. Under that circumstance, why would they want to buy a weak brand like Emerson and and sell $20 Wal-Mart radios with razor-thin margins.

    Your clam is 100% contrary to any logic..

    VOXX is looking cheaper and cheaper. They've got a portfolio of strong brands and trade all less than 10x earnings and way under book value.

    Sentiment: Buy

  • Reply to

    WWE NETWORK PRICE INCREASE

    by bigtuna_212 Apr 8, 2014 11:38 AM
    principletrade principletrade Apr 15, 2014 12:21 PM Flag

    I'm pretty sure if they couldn't get a prospective buyer to purchase the WWE network to watch Wrestlemania, they probably aren't going to sign up for "warrior week". WWE will probably spend more money promoting the free giveaway than they will make from the miniscule amount of subscriptions they add from it. If the free week and Wrestlemania didn't bring somebody in the door last months, they aren't going to sign up.

    Sentiment: Sell

  • Reply to

    What to do now?

    by bandoogie Apr 14, 2014 12:26 PM
    principletrade principletrade Apr 14, 2014 5:41 PM Flag

    I'd agree, this probably isn't a good place for a beginning investor to get their feet wet.

    I'll also agree that this is likely going to see further weakness. There is practically zero going for this stock. It ran up based on the hopes of the WWE network and the TV deal that STILL hasn't surfaced, and it's clear that WWE network is going to crash before it even really gets off the runway. It looks safe to assume that the actual domestic subscription base will settle to about 1/2 of the number the network needs to break-even, so WWE has a long-term contract with their core audience that will lose money continuously.

    I think the weak numbers on the WWE network will hurt them at the bargaining table on their TV contract too. It doesn't make any sense for the TV contract to get better if the events are declining in popularity.

    WWE's balance sheet isn't very strong right now, and they are "on the ropes" operationally. They have the same management in place that has allowed earnings to get worse year-after-year to the point where they are now losing money and they don't have the cash reserves for any more mistakes. Their only card they have left to play is to cut costs as much as possible and pray things improve... that isn't a position you want to be in in the entertainment business.

    Sentiment: Sell

  • Reply to

    Emerson Radio rumors imminent

    by ted10054 Apr 14, 2014 12:15 AM
    principletrade principletrade Apr 14, 2014 12:06 PM Flag

    I really doubt it, VOXX has been winding down a few of its low-end brands. I see no reason why they'd want to acquire Emerson if they are focusing their attention on high-margin upper-end product lines like Klipsch etc.

  • Reply to

    too much publicity?? Emotional froth?

    by cdkrause Mar 6, 2014 8:20 PM
    principletrade principletrade Apr 11, 2014 7:29 PM Flag

    The dividend is history most likely. The WWE network is going to only add to the already projected 15M in losses this year. WWE doesn't have the bankroll to keep paying unless they decide to degrade their balance sheet even further. This company is worse off now than when the stock was eight-bucks. I really belive things will get much, much, lower from here.

  • Reply to

    So much for Dabqs theories.

    by principletrade Apr 8, 2014 9:09 PM
    principletrade principletrade Apr 11, 2014 1:35 PM Flag

    Totally agree. The TV deal is the only thing left on the WWE agenda. Everything else proved to be a weak, misguided flop, just like every new venture that Vince McMahon has tried to launch.

    Sentiment: Sell

  • Reply to

    Possible Break Out Soon!!!

    by hedgecutter10 Apr 8, 2014 11:25 AM
    principletrade principletrade Apr 11, 2014 9:59 AM Flag

    Sadly taco cabana is the weakest, yet biggest. I have doubts about this stock over the summer.

  • Reply to

    So much for Dabqs theories.

    by principletrade Apr 8, 2014 9:09 PM
    principletrade principletrade Apr 10, 2014 10:20 PM Flag

    I sold this stock at essentially the same price, so why are you calling me a buffoon for doing the same thing you claim to have done. Get a life.

  • principletrade by principletrade Apr 10, 2014 1:27 PM Flag

    Going short has been a solid move over the last month. When will this stop falling?

    This has to stabilize at some point before the TV contract comes out. If the TV deal isn't good, look out below!

    Sentiment: Hold

  • Reply to

    So much for Dabqs theories.

    by principletrade Apr 8, 2014 9:09 PM
    principletrade principletrade Apr 9, 2014 8:48 PM Flag

    Yeah, but you haven't made as much in the last 4 weeks. As others have said, our positions and past trades don't mean much going forward.

    Btw, when I called you a " greedy pig" it was just because of the "bulls and bears make money" saying.

  • Reply to

    So much for Dabqs theories.

    by principletrade Apr 8, 2014 9:09 PM
    principletrade principletrade Apr 9, 2014 6:38 PM Flag

    You didn't sell though. You were still pumping then. I've made more than you have on this stock since I started posting on this board. I called the short at $30.01 and covered at $26.40 Then I called the short at $28.15 friday. You've been wrong 100% over the last month.

    If you sold covered calls that isn't a hedge. You'd still be on the hook for subsequent losses if you held the underlying stock. Why didn't you just say you sold the stock back then? It's awfully hard to believe.

  • Reply to

    So much for Dabqs theories.

    by principletrade Apr 8, 2014 9:09 PM
    principletrade principletrade Apr 9, 2014 5:00 PM Flag

    The premium you got paid for writing your calls is insignificant compared to amount of losses WWE has taken over the last 3 weeks. You never said you sold any of your underlying stock back when it was actually above $30. You are clearly lying.

    If you were telling the truth about selling at $30+ you wouldn't have been lambasting me for shorting at that price. There is no logical explanation for it!

    The fact that you have to use a childish insult after every-other sentence makes it hard to believe you are actually the big-money hustler you claim to be. You sound like a 7th grader and your supposed strategies always seem to surface AFTER the facts. I called my shots before hand and they were correct 100% of the time. You, on the other hand, have been 100% wrong from the first time I posted here, and then you make up some silly excuse.

    Sentiment: Strong Sell

  • Reply to

    So much for Dabqs theories.

    by principletrade Apr 8, 2014 9:09 PM
    principletrade principletrade Apr 9, 2014 3:06 PM Flag

    You keep repeating "I hedged, I hedged" it's nice you looked up "covered call" on investopedia to cover your lies up. You could have used your brain and sold at $32 per share or $30 like I told you. If you are so smart why did I make money doing the exact opposite of your "brilliant" advice? lol. You are just a sad old man nutswinging Vince McMahon. haha

  • Reply to

    So much for Dabqs theories.

    by principletrade Apr 8, 2014 9:09 PM
    principletrade principletrade Apr 9, 2014 1:22 PM Flag

    The problem is this Dabqs... You held this and lost HALF of the gains from the peak when you supposedly "hedged at 31.52".

    How did you hedge? What was the strike price of your puts?? You never mentioned that because you didn't hedge. You certainly didn't "hedge at $31.52" because you buy options on EVEN amounts like 30 or 32.50 etc. Not some arbitrary number like the one you stated.

    Even if you did hedge the Bid/Ask spread was HUGE last week on the options, so your losses from market impact on that trade would have been substantial.

    Keep holding, a few months from now you will have lost ALL of the gains you had instead of just half.

    Sentiment: Strong Sell

  • principletrade by principletrade Apr 8, 2014 9:09 PM Flag

    Looks like he was just a greedy pig willing to spin every fact into a justification for his flawed theories regardless of whether it made any sense at all. Most of his "big gains" are history now. Without a monumental TV contract this will head back down into the single digits where it deserves to be.

    I almost feel sorry for people that bought this stock believing the phony promises of WWE while Stephanie McMahon dumped millions worth of stock on them. WWE left a lot of folks "holding the bag", such a shame.

    Sentiment: Strong Sell

AFCE
40.180.00(0.00%)Jan 17 4:00 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.