Recent

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

Pep Boys - Manny, Moe & Jack Message Board

skepticpencil 12 posts  |  Last Activity: Jul 23, 2015 5:08 PM Member since: Nov 7, 2000
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • skepticpencil skepticpencil Jul 23, 2015 5:08 PM Flag

    If partially feel your pain. I held a handful of shares, but didn't add to them, despite giving it serious thought today. I'm on a streak, but don't have enough shares to make it too celebratory. GOOG, SNDK, and today AMZN. I'll take it, but would like to have taken a lot more. That's the way it is. Better luck next time.

    Sentiment: Hold

  • Reply to

    Is it going to be $50 or $60 tomorrow

    by quattro_78746 Jul 21, 2015 10:11 AM
    skepticpencil skepticpencil Jul 23, 2015 11:19 AM Flag

    I hope you're right about WDC. Another good company with great products. I've got a few shares there anyway. Good luck with that one.

    Sentiment: Buy

  • Reply to

    Chart is clear...going to the $60's

    by seven_reader_7 Jun 9, 2015 10:52 AM
    skepticpencil skepticpencil Jul 23, 2015 1:34 AM Flag

    Basically, it is/was the Apple watch that hurt FOSL's share price. Even the public wasn't sure if they wanted a smart-watch or not. Investors' instincts told them to sell in the midst of such uncertainty. So far it's looking like a lot of "not". Apple has been pretty evasive about sales of the watch, and spins a good story. However, the bottom line is that it's not being adopted, at least not quickly, by the public, and Apple is hard-pressed to create demand out of whole cloth. Once the public realizes that they're not going to hang a computer on their wrist, they'll come back to conventional watches.
    I think that FOSL and KORS are good values right now, FWIW. Good luck, longs.

    Sentiment: Buy

  • skepticpencil skepticpencil Jul 22, 2015 6:51 PM Flag

    May be thin after hours, but look at GOOG. AH it was up around $65. That was big. However, the next day's close was up $93. We'll see what tomorrow brings. Good luck longs.

    Sentiment: Buy

  • Reply to

    why it up? anyone

    by willfirst888 Jul 21, 2015 12:18 PM
    skepticpencil skepticpencil Jul 21, 2015 2:05 PM Flag

    Honestly, and unfortunately, you are probably not so far off there. But don't forget to add companies like ORLY. Joseph Granville warned about the last generals leading the late charge. Different generals, same war. No matter what, you'd best stay with the guys in the officers' club. That, or buy the best of the vanquished and turn off the computer and TV for a couple of years. Good luck, longs.

    Sentiment: Hold

  • skepticpencil skepticpencil Jul 20, 2015 11:36 AM Flag

    I seriously doubt that. $30? Maybe. It will be a little harder to find buyers for a while at this level. It'll probably back-and-fill for a while now.

    Sentiment: Hold

  • Reply to

    Can my luck be any worse?

    by tedallinnby76 Jul 18, 2015 8:33 AM
    skepticpencil skepticpencil Jul 18, 2015 11:26 AM Flag

    Oh, and by the way, look at the top holdings of the XLK, the technology ETF. Lots of Google, lots of Apple.

  • Reply to

    Can my luck be any worse?

    by tedallinnby76 Jul 18, 2015 8:33 AM
    skepticpencil skepticpencil Jul 18, 2015 11:25 AM Flag

    I've felt your pain, believe me. That said, barring financial necessities, I don't know why anyone would sell a stock that was obviously being accumulated for the two weeks prior to reporting earnings. Maybe next time you'll hold on to 1/2 of your shares or something. But we've all done it.

    If it's any consolation, in retrospect, very few had as many shares as they'd like to have had after Friday's opening. I had 2 or 3 buy orders that I canceled after GOOG had moved up $12-17 during the day on Thursday. That's the market. Index fund investing is generally the best idea, as you don't get emotionally involved in individual stock fluctuations on either the buy or sell side. Like golf, it's mostly a mental game. Without a doubt, despite picking good movers now and then, on balance, I'd have been better off had I have invested in something like VOO instead of individual stocks. Best of luck going forward.

  • skepticpencil skepticpencil Jul 17, 2015 2:17 PM Flag

    I suggest that you take a look at a 5 year chart, comparing GOOG's stock price performance and AAPL's. APPL is really not so put upon, is it? That's the way the market is. It is not perfectly efficient, certainly not in the short-term. Relax and don't worry about the craziness in the market. If you're not one of the few who shorted GOOG, you should be able to chill and wait for APPL to report.

    Sentiment: Hold

  • skepticpencil skepticpencil Jul 17, 2015 1:36 PM Flag

    Short interest is/as just over 2 million shares. With over 8 million shares trading today, I'd say that most sane shorts have already covered. Or maybe they're feeling lucky. No, this is not what luck looks like. 90% of the shorts have probably already been covered, IMHO.

    Sentiment: Hold

  • skepticpencil skepticpencil Jul 17, 2015 12:39 PM Flag

    Nobody said that Apple wasn't a good, and even arguably better value than Google. I just stated that I'd rather be in a stock that has a relatively low P/E, as well as PEG ratio, than the others that are way higher. In fact, I bought more AAPL this morning.
    Right now AAPL has the question mark of the iWatch/Apple-watch and perhaps TV. But still, nobody's knocking Apple here. At least I'm not.

    Sentiment: Hold

  • skepticpencil skepticpencil Jul 17, 2015 11:12 AM Flag

    I agree. Relative to LNKD, AMZN, NFLX, TSLA, et. al., Google has been a value stock. To compare a company with a low double-digit P/E, with those with mid to high triple-digit P/E's, is ludicrous.
    Where Google goes from here is anyone's guess. However, it has nowhere near the downside potential of the others mentioned in the original post here. As much as I'm not huge fan of Facebook (What it does, not the money it makes, which is decent and growing.), one got into trouble by comparing TWTR to it, back when TWTR first went public. One company makes money on a money-making business model, the other is more like a public service, and is finding it harder to monetize its model. That was easily foreseeable, IMHO.
    Regardless, I'll take the small win today, despite not adding to my position as I'd intended to yesterday. Good luck, longs.

    Sentiment: Hold

PBY
11.75-0.05(-0.42%)Jul 29 4:02 PMEDT