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People's United Financial Inc. Message Board

skinz4q 84 posts  |  Last Activity: 10 hours ago Member since: Dec 25, 2005
  • Reply to

    MCD 401k

    by genem7169 14 hours ago

    Anyone making $7.40/hour would be very hard pressed to survive, let alone be able to afford to contribute to a 401k. A matching contribution means nothing when you're starving and homeless. $7.40/hour might have been okay in 1960 for someone just starting out, but it's pathetic in 2014. Do the numbers. That's about $236.80/week before withholding, Social Security, Medicare, state taxes, transportation, uniform maintenance, health insurance, etc., and there's nothing left to live on. I hope you meant this as a joke, but it's not funny.

  • Reply to

    Old Chinese proverb relevant to MCD

    by bobva1 Sep 11, 2014 1:49 PM
    skinz4q skinz4q Sep 13, 2014 10:11 AM Flag

    That's essentially what I've been saying here for many months. I'm NOT anti-McDonald's, as some people here believe. I was just calling it the way I saw it. As the stock went down, their hatred for me intensified. I'm not happy to see MCD floundering, but when a stock is significantly underperforming the broad market it gets my attention. Eventually, reality will set in. I've been in this game long enough to have seen literally hundreds of big name stocks crash and burn. Companies that most people thought would be around forever either disappeared completely or survived as just a shadow of their previous glory. Many of them were once in the exclusive DJIA. Eastman Kodak, Bethlehem Steel, FW Woolworth come to mind. There's no question that MCD is in danger of becoming the next Howard Johnson. The biggest difference is that, once upon a time, Howard Johnson had great fried clams. What great, memorable dish has McDonald's ever had? At one time, MCD's food was cheap, but it's not even that anymore... nor was it ever good.

  • Reply to

    Marc Faber: McDonald's shows bear market is coming

    by shortsp500 Sep 11, 2014 10:23 PM
    skinz4q skinz4q Sep 12, 2014 12:56 PM Flag

    Marc Faber is a prophet of doom and gloom. He makes a very good argument for a severe correction. There's little question that the market is way overdue for the inevitable correction that he's predicting, so it's just a matter of time before he's right. He knows that, so he can afford to put his prediction out there and just wait for it to happen. That way, he's always right... eventually.

  • Reply to

    Yield Is Hard To Ignore

    by appletonrocks Sep 9, 2014 10:19 PM
    skinz4q skinz4q Sep 10, 2014 9:56 AM Flag

    MCD shareholders need to disabuse themselves of the notion that the dividend will support the stock price. The yield is not unusually high compared to many other excellent companies. The fundamentals are decidedly weak and getting worse. The momentum is clearly downward. Analysts are turning sour on the stock. There's absolutely nothing to stop the yield from surpassing 4% or even higher. The fixation on the dividend has cost shareholders a ton of money as the stock has taken back triple the dividend for the whole year. McDonald's is a broken company that could take many years to repair, and only new top management can do that.

  • Reply to

    Yield Is Hard To Ignore

    by appletonrocks Sep 9, 2014 10:19 PM
    skinz4q skinz4q Sep 10, 2014 9:55 AM Flag

    MCD shareholders need to disabuse themselves of the notion that the dividend will support the stock price. The yield is not unusually high compared to many other excellent companies. The fundamentals are decidedly weak and getting worse. The momentum is clearly downward. Analysts are turning sour on the stock. There's absolutely nothing to stop the yield from surpassing 4% or even higher. The fixation on the dividend has cost shareholders a ton of money as the stock has taken back triple the dividend for the whole year. McDonald's is a broken company that could take many years to repair, and only new top management can do that.

  • skinz4q skinz4q Sep 9, 2014 9:18 PM Flag

    You're right, but the problems at MCD are so systemic that Icahn et. al. are probably not too interested in wading into the mess. Also, they know that the share price has a lot of room to fall from here.

  • Reply to

    Bottom

    by gqgerb Sep 9, 2014 5:02 PM
    skinz4q skinz4q Sep 9, 2014 7:49 PM Flag

    If Ebola spreads to the U.S., either intentionally through terrorism or inadvertently by an unsuspecting airline passenger, the economic consequences will be catastrophic. The momentum is strongly to the down side for MCD. They already warned about 2015, so this downward spiral could have room to grow. My guess for a spot to start buying has been and still is $85-86 area. Buy more if it gets down to $81-82. If it breaks below $80, you're on your own; don't blame me.

  • Reply to

    Will EPD double again over the next 4 years

    by bbmagic93399 Aug 29, 2014 11:39 AM
    skinz4q skinz4q Sep 9, 2014 5:38 PM Flag

    Trying to prognosticate something 4 years away is totally a fool's game. Honest.... I'm not trying to be snarky. I'm just being realistic. There are just too many things that could (and will) happen between now and 4 years from now. My advice is to establish a long term game plan and stick with it. Be flexible enough to adjust your plan as developments ensue, and you'll come out the other end in good shape. Keep in mind that we're probably overdue for a correction at some point in the next 4 years, but use it to your advantage to buy bargains. Just don't panic and run for the hills at the first sign of trouble.

  • Reply to

    Big Downgrades coming

    by encana101 Sep 9, 2014 1:30 PM
    skinz4q skinz4q Sep 9, 2014 2:47 PM Flag

    The momentum is clearly taking MCD lower. Where it stops, nobody knows. They can't blame this on snow and ice. It's just lousy management, lousy products, lousy service and a very tired business model.

  • skinz4q by skinz4q Sep 9, 2014 11:13 AM Flag

    Think about the impact of a terrorist group sending ebola-infected employees into fast food restaurants like McDonald's to spread the disease far and wide. There would be no better way to spread the infection quickly around the country. The impact on the entire economy would be catastrophic beyond comprehension. No explosives needed; just a few walking biological time-bombs.

  • Reply to

    80's can must and will be seen in days imo

    by kored35 Sep 9, 2014 9:52 AM
    skinz4q skinz4q Sep 9, 2014 10:46 AM Flag

    New 52-week low. Support has been broken. Nothing to keep MCD from dropping to the mid-80's in the very near future. Any year-end dividend increase is likely to be very minimal, perhaps as little as 2 or 3 cents quarterly.

  • Reply to

    Mickey Dees is #$%$

    by spinaltap58 Aug 31, 2014 9:39 AM
    skinz4q skinz4q Sep 6, 2014 7:11 PM Flag

    Cramer recently said (on CNBC) that McDonald's has become nothing more than a "junk bond." He definitely did not mean it in as a compliment.

  • Just read an interesting article about how MCD is beginning to copy CMG.

    http://finance.yahoo.com/news/mcdonalds-quietly-copying-chipotles-strategy-182554588.html

    It's about time! The CMG strategy has clearly worked extremely well. This would be a radical departure for MCD, and it's just experimental at this stage. Apparently the MCD management didn't learn anything from CMG while they owned them, but maybe they've finally woken up. Let's just hope. This could breathe new life into McDonald's at a time when they desperately need it.

  • skinz4q by skinz4q Sep 6, 2014 10:39 AM Flag

    Just wondering why CINF was up over 1% ($0.51) on an otherwise dull day on slightly higher than average volume on 9/5. It goes ex-dividend in a few days, but I doubt that there's a connection to that blessed event. Does anyone have a clue what's going on? I haven't seen any news to account for this.

  • Reply to

    Stock split?

    by bjfcpainc Jun 6, 2014 11:03 AM
    skinz4q skinz4q Sep 4, 2014 5:47 PM Flag

    It seems that most MMP (and EPD) units are in very "strong" hands. Judging by how thin the trading often is, a split might provide a broader ownership that would narrow the spreads and provide greater liquidity. I'm of two minds; a higher price generally attracts more sophisticated investors, but a lower price might have the effect I just mentioned. I also own EPD, and the split has had a very positive impact. A price above $80 deserves to split. Not so for a $40 price. Not wanting to look as if they're playing "me too" with EPD, MMP management might want to hold off for a little while with a split.

  • Reply to

    Why the high short interest ?

    by takemeserious2004 Sep 3, 2014 10:21 AM
    skinz4q skinz4q Sep 4, 2014 10:22 AM Flag

    Lots of people bet against Elon Musk on Tesla. The shorts are getting slaughtered! Fundamentals be damned. A big short interest is great news for the longs.

  • Reply to

    Amazing board....

    by patientd1 Sep 3, 2014 3:44 PM
    skinz4q skinz4q Sep 4, 2014 10:19 AM Flag

    Excellent post! This is what I've been trying to say here for well over a year. Patience, patience, patience. That's the biggest thing most successful investors have in common.

  • Reply to

    People pay

    by chuck_2_2000 Sep 3, 2014 9:16 AM
    skinz4q skinz4q Sep 3, 2014 3:50 PM Flag

    Hold tight and buy on dips. It's reasonably valued under $9. The shorts are on our side, and they'll pay a huge price for their negativism. I love stocks with big outstanding short interest. Think TSLA! Next time you meet someone who's short OPK, thank him. He might be the guy who has to buy your stock at $30.

  • Reply to

    Is MCD a buy?

    by mdn0403 Aug 30, 2014 9:42 PM
    skinz4q skinz4q Sep 2, 2014 4:42 PM Flag

    That "one time" event is quarter after quarter of disappointing numbers, problems with Russia, menu items that are just not working, the continuing perception of unhealthy, salty, fatty foods that are going out of favor, the high likelihood of a significant increase in the minimum wage, just name a few. Sorry, but MCD has become irrelevant. The present top management has made some huge missteps such as the extremely poor decision to get rid of CMG and the decision to "wing it" against BWLD. MCD has a lot of room on the downside, especially when interest rates begin their inevitable move up, probably next year. My switch out of MCD at $100 and into VTI at $90 has proven to be one of the best moves I've made in many years. MCD has lost about 8% in the same time that VTI has gained about 13%. MCD is looking more and more like a train wreck to be avoided.

  • Reply to

    Stuck In a Rut ?

    by bjemery1948 Aug 31, 2014 12:03 PM
    skinz4q skinz4q Sep 2, 2014 9:10 AM Flag

    MMP is doing its thing; patience will be rewarded. Stick with what works. Look at the long term chart, and you'll see a thing of beauty. Use pullbacks to add units, and then sock them away. This company is in the right place at the right time.

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