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Staples, Inc. Message Board

skepticpencil 11 posts  |  Last Activity: Jan 27, 2015 12:40 PM Member since: Nov 7, 2000
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  • Reply to

    Still no upgrades. Amazing.

    by skepticpencil Jan 16, 2015 3:47 PM
    skepticpencil skepticpencil Jan 27, 2015 12:40 PM Flag

    BTW: Check out how Yahoo had the headlines timed. Last week, using the same article, they show two negative pages, thereby driving the stock down. Today they show the last page, of the same article, as the positive story, stock goes up. Nothing suspicious there. (SARCASM)

  • Reply to

    Still no upgrades. Amazing.

    by skepticpencil Jan 16, 2015 3:47 PM
    skepticpencil skepticpencil Jan 27, 2015 12:35 PM Flag

    Tough one right now. An article last week served to take it down a bit. Article today serving to bring it up a bit. The buy was this morning when it was at $116 or so. You've got to be nimble, and with deep enough pockets to deal with the volatility. The story's still the same for TNH, it's the outside storytellers that change their tunes according to who they want on the dance floor.

    Sentiment: Hold

  • Reply to

    PPC, JBS's piggy bank

    by snogreen Jan 15, 2015 10:26 AM
    skepticpencil skepticpencil Jan 21, 2015 12:03 PM Flag

    I agree that the special dividend is a little odd, considering the minimum they'll have to borrow is a little less than $1 billion to pay it, and that's if they completely deplete their cash and equivalents. I'm guessing that the Brazilian owners are distributing so they can avoid taxation somehow, and some wealthy Brazilians will get their hands on a bunch of US dollars, during a time where it's quite strong. The company will still have decent fundamentals after the SD, but certainly not as good. This does make it obvious that the company feels that it's pretty well saturated its market already, and has no plans on growing through acquisitions at this time. No such thing as a free special dividend. Good luck.

    Sentiment: Hold

  • Reply to

    Still no upgrades. Amazing.

    by skepticpencil Jan 16, 2015 3:47 PM
    skepticpencil skepticpencil Jan 20, 2015 4:23 PM Flag

    Have you compared the 5 year TNH chart to the 5 year UNG chart? If you do, you'll see that the last time natural gas was this low, TNH was double where it is now. 'nuf said.

    Sentiment: Buy

  • Reply to

    Still no upgrades. Amazing.

    by skepticpencil Jan 16, 2015 3:47 PM
    skepticpencil skepticpencil Jan 20, 2015 1:19 PM Flag

    Still moving like a winner without hype from anywhere = Accumulation (IMHO)

    Sentiment: Buy

  • skepticpencil by skepticpencil Jan 16, 2015 3:47 PM Flag

    Big boys still seem to be accumulating stocks in companies with stable prospects, and nice dividends. I'm surprised that TNH hasn't been upgraded by any analysts yet, despite moving the way it has in the past few weeks, from the mid-to-high nineties to $124. What other companies have done that without being bought out, or propelled by some other rumor? Not many.

    Sentiment: Hold

  • Reply to

    When all is well, MAG is a $60-$80 stock

    by verygoodaccount Nov 24, 2014 7:07 PM
    skepticpencil skepticpencil Jan 16, 2015 1:33 PM Flag

    I hope that you're right. Funny that Yahoo shows the stock price at $40.65 right now, but my stock account shows it at over $41. Volume number is the same. You've got to watch Yahoo, sometimes I think they have ulterior motives for misinforming. Good luck, longs.

  • Reply to

    Fertilizer prices up. Nat gas down.

    by mattpco27 Jan 12, 2015 10:18 AM
    skepticpencil skepticpencil Jan 12, 2015 11:54 AM Flag

    I agree with your assessment. Last week Yahoo had a survey in which one answer was "I plan on investing in dividend stocks", for safety going forward. I didn't answer because I don't like to tip-off yahoo, who in turn surely sells the data (what the little guy is doing) to big investment houses. However, the trend is that way. TNH has been on my radar for a while. I almost jumped in in the $90's, but had to settle for a small lot at $104. Since then it's been hard to buy, as it just keeps going up. Nothing goes straight up, but this one hasn't hit the analyst upgrade bullhorns, so their bosses are probably still in accumulate mode. Once the upgrade hits, it'll probably be close to a near-term top. Good luck, longs.

  • skepticpencil skepticpencil Dec 3, 2014 6:59 PM Flag

    Correction: First line should read: " ...just days before reverse stock split's anniversary." Doh!
    It's probably more coincidental than it is "interesting" anyway.

    Sentiment: Buy

  • Interesting that this stock is hitting multi-year highs just days prior to the reverse stock split. Momentum traders seem to be on it now, as it hit a 52-week high. On top of that, there was a recent filing showing that Gabelli Partners now has a 3 1/2% stake in MAG. Gabelli's is one of the best, and people in the know, know that. A bit more volatility going forward. Good luck longs. At least my 3 shares, LOL, have tripled in a couple of years.
    For those who don't know, Magnatek was a division of Litton Industries until it split off about 10 years ago. I'm not sure how they do now, but I believe that Litton used to be a titan in aerospace, shipbuilding, and other sectors related to the defense industry.

    Sentiment: Buy

  • Reply to

    Had this at $21 sold it at $18

    by fastball.98mph Nov 22, 2014 11:19 AM
    skepticpencil skepticpencil Nov 28, 2014 12:11 PM Flag

    Don't feel all alone in the world, I sold most of my MAG a couple of years ago. Liked the company but got PO'd that they divested out of the solar business that they had. That was one main reason that I bought them in the first place. I was shocked this morning when I looked in a basically dormant account that I have 3 shares in, and saw that it was over $40. I thought my eyes were playing tricks on me, or they did another 1/10 split or something. Oh well...it's not the first time I've made an investment mistake. Good luck, longs.

SPLS
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