Wed, Jul 23, 2014, 4:10 PM EDT - U.S. Markets closed

Recent

% | $
Click the to save as a favorite.

Angie's List, Inc. Message Board

retailexecutive 103 posts  |  Last Activity: 6 hours ago Member since: Dec 20, 1998
  • Reply to

    KS is selling his shares

    by trumpace Jul 2, 2014 6:08 PM
    retailexecutive retailexecutive Jul 3, 2014 1:45 PM Flag

    We waited for a long time for the current team to deliver. I am certain this team will not take as long.

    Sentiment: Strong Buy

  • Reply to

    KS is selling his shares

    by trumpace Jul 2, 2014 6:08 PM
    retailexecutive retailexecutive Jul 3, 2014 1:43 PM Flag

    I have no rancor towards Keith. He was exceptionally well compensated for stopping the bleeding. Why would he keep his shares anyway ? He did not have an adequate strategy to power the company to a level that would make him crazy rich so he can not imagine someone else might. That is the second time he has made the same mistake.Keith will take the summer off and enjoy some time on the lakes and on the golf course and be looking for a winter home I am certain. This one could have been prevented but he chose comfort compared to performance. The question now remains what about those that are left ? Not all are dead wood but there is a serious quality issue still that will be addressed in the future as well.

    Sentiment: Strong Buy

  • retailexecutive retailexecutive Jul 3, 2014 11:50 AM Flag

    you have it right. No real experience. He will learn from this. Sometimes you have to get burned to understand how hot the fire is .

    Sentiment: Strong Buy

  • This is a sure recipe for his disaster on this trade. He is as on trend like a Gap Store's assortment. He is going to have to eat his inventory. Daddy is coming back to work Monday Vulture and he is going to pi$$ed. And you are going to be burned.

    Sentiment: Strong Buy

  • retailexecutive by retailexecutive Jul 3, 2014 9:46 AM Flag

    There analysis tends more to the technical side than fundamentals. They are correct about 50% of the time and even then short lived impact. I started reviewing there calls and have played several of them very successfully . They are wrong on DSW. This is becoming the blowtorch in the branded discount shoe business.Market leader. First quarter was bad for sure. On a relative business it was bad for all retail. More people going to work , better weather a great product line up will drive this stock to 35.

    Sentiment: Strong Buy

  • retailexecutive retailexecutive Jul 3, 2014 9:39 AM Flag

    You can short at 50 before long lol !

  • retailexecutive retailexecutive Jul 3, 2014 9:38 AM Flag

    You have made the wrong decision again. The company has latent beyond going private. And they have been competing very well against all of the above in their niche they are the world class leader. Sorry for you and your short. Bad call on your part ? No. A very bad call.

    Sentiment: Strong Buy

  • Reply to

    "TRO"-zacks is bad mouthing DSW again today!!!

    by pa61440 Jul 1, 2014 2:08 PM
    retailexecutive retailexecutive Jul 2, 2014 2:37 PM Flag

    I love it. I consider it a buy signal . I have a buy in for a limit today. only one penny more.

    Sentiment: Buy

  • Reply to

    Shorts are getting desperate

    by fabricone1 Jul 1, 2014 1:49 PM
    retailexecutive retailexecutive Jul 2, 2014 12:09 PM Flag

    Cheap is very good. In these days of value added and high prices there is a huge opportunity for discount retailers who have cheap prices and still deliver a value. This company is the real deal as I have been saying for quite awhile now.

    Sentiment: Strong Buy

  • retailexecutive by retailexecutive Jul 2, 2014 11:38 AM Flag

    and profiting by know nothing short sellers. The company has made a lot of improvements and the quality of the operation has improved in a major way. Cleaner, better housekeeping standards, and better merchandise is showing up at the store level. Reduced cost will begin to show some traction. Sales are the challenge. Rouleau will address this in a more concentrated way. Leadership has improved. The business model is improving. Shorts got to be getting worried as the stock has moved up nicely. It will break 20 this year as the sales will begin to pick up the pace by the third quarter. Thanks for the return on my investment Mike.

    Sentiment: Strong Buy

  • Reply to

    Back to business

    by trumpace Jun 28, 2014 12:12 PM
    retailexecutive retailexecutive Jul 1, 2014 10:22 AM Flag

    Please not the electronics debacle again. The vendor was a distributor and it took a year to replace the category. This was one of the biggest gaffs in VVTV history. Should have been replaced in 6 months or less. A merchant with any real contacts could have got it done without carrying sales losses for a year.

    Sentiment: Strong Buy

  • is vital and varied experience. There will be more change and not for the sake of change but to better present the third silo in the market place. There can be 3 successful silos in this space. No question about it. It will be difficult to have 3 successful QVC models in the market and over the years this model went from one of some differentiation under the General to one that attempted to replicate the Q model. At one point in time it made sense as the General was not able to craft his differentiation into the vision he was driving towards. Will did not understand it and he really did not understand the Q model either. Rene was not around long enough to make much impact, Keith understood the QVC model and executed it very well from an operating point of view. He had great early success in stopping the bleeding and crafting a cash flow break even turnaround. Nice but it stopped there as the Q model requires vendors with a certain set of attributes and a very strong ability to define a unique selling proposition that defines the value and the on air presence to strike a cord between the soft sell and infotainment. I think at their best they are able to achieve it but not consistent and the drivers of the strategy on the merchant team were so QVC that they found it difficult to work outside that comfort box. Most of their favorite effective vendors are not available to VVTV due to contract with QVC. This was a core problem that was not well understood that vendors in many cases must be built and trained and partnered with so that both sides of the partnership can prosper. Here is where I believe Bozeck will approach this business differently and will attract a stronger vendor base and build a sourcing / on-air strategy that will be faster, friendly and more interesting viewership than multi- hour blocks of watches.

    There can be 3 silos but they can not all have the same grain stored in them otherwise the bread is the same and that will not be good enough/

    Sentiment: Strong Buy

  • making money because you are correct. You do your due diligence. You make a decision, Buy ,sell or pass. If you buy or sell you build a thesis and a trading plan and execute it and 75-80 % you are correct and you go to the pay window ka-ching !!!It becomes even a greater possibility of being correct when you read the mindles and often incorrect rationales for the opposite side of the trade. Then you smell blood and up your stake. Thank you Jerry Mathers . You were always my dog and still are. I do hope your family is OK and that they do not depend on your market earnings. If they do let me know and I will send you a check. Laurent is exactly the right guy at the right time. I went to Fashion Island in Newport Beach this week on Monday the store was busy with 2-3 customers checking out on a Monday for more than an hour. We bought and loved the store service and the genuine welcome that happy employees provide. The price is what you pay but value is what you get. If you appreciate the best you do not mind paying a little more because the useful lifetime of the product more than pays the additional expense. We went to Athleta while we were there as well. Less than 3 people shopping in the store. Store is actually too big and has an unfocused inventory assortment with very little in real Yoga wear. Not one clerk approached us. The winner and still growing is LULU and the loser is .... Jerry who had a uniform but really could not hit even then let alone now. lol Target in 120 days $50

    Sentiment: Strong Buy

  • retailexecutive retailexecutive Jun 27, 2014 2:47 PM Flag

    Part 2 Battling for respect and earning it. --- They have brought in two high powered executives who are very experienced in growth and the hidden benefit of strong web commerce experience as well. Couple this with a winning real estate strategy of fill backs and multi- store new markets and the formula looks hard to beat. And that they are delivering this without long term debt. Yep that is right !! No debt !! The model seems to look something like this: Simple but great concept at retail + low cost at the single business unit both from a capital investment and a low operating cost. + Improving supply chain management on a very fast turning inventory +strong ,experienced management team + no debt + industry leading comp store sales growth =
    WINNER !! WINNER !! WINNER !! Where do I have it wrong ? Nothing wrong with short selling but it does sometimes border lack of ethics when there are misrepresentations and outright fabrications coupled with comparisons that do not correlate. I do not see how the short thesis can win if the investors do their own due diligence. And after all is it not always about that ? Tell me where I am wrong. Tell me where I have misrepresented facts that you can find through your investigation. Oh I forgot, the stores are fun !

    Sentiment: Strong Buy

  • The stock will eventually become a mirror of the company's future position in the Dollar Store industry. While it is not a true dollar store it really is a specialty store that markets cool merchandise at not more than $5. The company is developing an expanded import strategy which will enhance their supply chain in value, assortment and profits. The growth plan is very ambitious but they have delivered 100% against the plan . There have been some doubters about managements ability to deliver by the short side. They have drawn parallels comparing Five Below to retailers who in fact have more differences than similarities. This no doubt has had an effect on the price per share but I believe as my partners do that the effect will simply melt away as the heat of performance metrics will encourage the short side to revisit their analysis with objectivity . This may take a couple of more quarters and a stock price move of another 10%. This would pressure the short side more than the re-study of their flawed assertion that the company's growth plan is doomed.
    That really is the core essence of their argument . I want to examine that in public forum so that if I am wrong the challenges can be refuted and we can reconsider our position. The argument can not be pushed forward that there are not adequate markets and locations with the store counts of other Dollar Store business models in the multi-thousand area currently. The location of adequate real estate in the 7-10,000 sq. ft. range is readily available. They do not directly compete with other Dollar Stores so there is no prime competition in the space yet. The argument that they can not continue to open 60-100 stores a year does not seem to hold as the company new units open at the company's average sales revenue rate. Even a stronger indication of a building repeat success model is that a new store returns its investment in one year. Trust me when I tell you this is truly a fly-wheel that will spur fast growth.

  • Reply to

    I conceed.

    by trumpace Jun 23, 2014 4:31 PM
    retailexecutive retailexecutive Jun 26, 2014 1:37 PM Flag

    I really see no practical reason to hold a cc at this point in time but I expect Mark Bozek will be speaking to the organization and meeting with department heads to discuss the opportunity in front of the team under new leadership. Leadership is what has been lacking and that is what I expect will make the difference going forward. If hard work was enough it would already be done.

    Sentiment: Strong Buy

  • Reply to

    I conceed.

    by trumpace Jun 23, 2014 4:31 PM
    retailexecutive retailexecutive Jun 26, 2014 1:30 PM Flag

    If the stock would have even approached your "fair value " estimate KS would still be here.

    Sentiment: Strong Buy

  • Reply to

    The stage is set for some innovation

    by retailexecutive Jun 23, 2014 3:32 PM
    retailexecutive retailexecutive Jun 24, 2014 10:43 AM Flag

    very aggressive improvements in the parachutes but this unfortunately is typical of many management teams today.

    Sentiment: Strong Buy

  • retailexecutive retailexecutive Jun 23, 2014 7:19 PM Flag

    Seems like you broke the code here. This is an undervalued and manipulated stock. It will go up as more understand that there is no real brand damage here just bruised egos. I would never count Chip out of a fight over this company though. It is his baby.

  • Reply to

    OK ….FIVE BELOW…...

    by tonypalermo675 Jun 23, 2014 4:07 PM
    retailexecutive retailexecutive Jun 23, 2014 7:02 PM Flag

    I also know what a good company looks like . And this is a potentially great business. The management has worked hard on this model and they have achieved a model that appears to work very well and is loved by the consumer targeted base. The stock will trade higher even with shorts that have tried to frighten investors with a missive that misses the mark. Fabricone happens to be right about that in my opinion. Nice to note an insider sale. Selling does not excite me near as much as buying as there can be many reasons to sell but basically one reason to buy. I am up on this stock and my only regret is I did not take a bigger stake but if you sell it down I can buy so more. Shorts at some point at least the professional ones will abandon their theory at some point if they are wrong. If I am wrong I also have an exit strategy but it appears that the fundamentals remain very strong. It appears the sell off was anticipating a roll over in performance that did occur. It may be in another 5 years they will not grow at 32 % but again they may as there is a lot of space for these stores and the company currently enjoys a one year return on investment for a new store. Now that is an amazing fly wheel for growth in anyone's book. Even you Tony would like a 100% ROI on your investments. I am sure that would work for me as well. Good luck and I respect the damage a professional short campaign can accomplish but I am comfortable that Fabricone has the correct thesis here. Maybe that will be enough to drive investment ? I see Zack's upgraded today as well . I like that. Good luck on the short side Tony. It helps make a market.

    Sentiment: Strong Buy

ANGI
10.17-0.42(-3.97%)4:00 PMEDT

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.