It isn't just 60 minutes that does this. The media has figured out they can make a subtle influence on the share price of a publicly traded company by releasing a "biased" story. Gee, I wonder if anyone is making money off of such releases? Analyst have been doing the same thing for years with upgrades and downgrades. Eventually, it will get to the point that you don't even listen to them. 60 minutes is a joke today compared to what it was decades ago. That report was very irresponsible of them. They have lost all credibility.
I will admit I have used the wife a time or two to make runs to Lowes with a list knowing someone would have to help her load everything up. A few years back my Dad would go there for me when I needed 80# bags of Quickcrete. He was 65 at the time and had no qualms about speaking up. In all fairness, the majority of the employees are usually very helpful (especially the older retired once already generation). It's too bad you can't take their attitude and stick it in a young mans body who is physically capable.
$46???? What's wrong with these people? This is at least a $75 stock and that is being conservative. Forward PE of 6? Give me a break. This is a growth stock not a mega-bank. $46 is a joke.
Good job on holding tight longs. Should be much more to come our way. I hope this is just getting started.
So we are looking at what??? $75 to $100 stock fair value? and that is still with a modest PE of 12.
Apparently they have never been burned by an earnings report falling short of high expectations. If they had, they would know better than to pound the long drum right in front of earnings day. Holding through earnings is always a big risk. I always tend to get cautious when I am holding something approaching earnings...not excited.
What makes you think Iran wasn't already pumping and dumping their oil on the black market during sanctions?
I thought they said the loan deal was pulled because no one would loan them money at an acceptable rate?
Seems kind of coincidental that banks are increasing provisions for defaults in this sector and SFY can't get a loan at the same time. In a nutshell that's what the press release said imho. You don't actually think SFY would tell you that do you? At .66 a share it is practically there already.
They were complaining to each other but I think it was more about how bad their whoosies hurt. Personally, if I had a job I wasn't happy with, I would do something instead of just stand around complaining about it with my thumb up my #$%$.
Lowes needs employees with work ethic, not college degrees. I just came from there and 2 Lowe employees sat on the fork truck (one sat and the other leaned) and watched me load 13 PT 4x6x12ft posts onto a cart by myself. After that, they watched me unload the cart onto my trailer by myself. After I was done, I asked them if they were working hard and they just turned and walked away. But hey, I get it. They are lazy. That's why they work at Lowes as laborers instead of having a real job that pays real money. It's a shame because not all of lowes employees have been that way when I go there. Next time, I'm taking names.
buy BBEPP to maintain a position in the company and avoid the wash rule?
yea. Like Neo, any minute I expect to be plucked out of an artificial womb and unplugged to see reality for the first time. I just hope LL stock is $100 a share and that hot looking brunette chick with the shiny black rubber outfit is there when it happens. LLAP.