Good for you. ope you got some down as low as we did (some around 42.05 and bigger slug around $41.75). Soon this will again be our biggest allocation again. Net long 75% of capital now, encouraged by Cramer calling a top in here. LOL
That looked alot like clean up trades for a fund blowing out the last chunks. As Gidget would say, "toodles." LOL
Turning up on buy programs now.
and thought you were going to hope for $19 before re-shorting 50 shares. Comments like yours might ruin the upside run. ROFLOL
How about that right ahead of their earnings call... there is no way even dufus mgmt team would announce "more good news" on top of the Costco and other recent releases if they were going to butch up the Q or guidance.
Delightful for longs...
This mgmt and BOD are under heavy pressure to get these shares cranking... from the pr announcing the 12 month long Rights PLAN:
"Hertz's board and management team are focused on enhancing shareholder value, and the board believes the Rights Plan will preserve the Company's ability to continue implementing its strategic initiatives to drive improved returns and value creation. These initiatives include the integration of Dollar Thrifty, expanding Hertz's off-airport footprint, the introduction of new brands to meet consumer needs, building on the Company's success with Donlen leasing, the roll-out of new rental technology, the Company's Lean cost management programs, and the evaluation of potential changes to the Company's operating structure and capital allocation to further support the Company's long-term strategy."
STOCK IS UP 8% SINCE, AND JUST GETTING GOING NOW AS THE UNDERLYING FUNDAMENTALS ARE IN PLACE...
Stock is up 8% in less than 2 months -- and JUST GETTING GOING NOW!
Why? Read the points outlined top of thread, that is why, plus we now have the data sets from EXPE, PCLN, OWW, CAR, the Hotel companies and the airlines... ALL OF WHICH point to increased activity in the travel and leisure businesses.
And post merger, HTZ is beautifully positioned, top to bottom, in the business and retail segments.
The RIP past $30 will be quick, en route to $35+ for the year... of course, we have been saying that since starting the position at $22 and adding a big slug in December on the news presented by the company including the items listed above.
This morning I recalled i did not address your other comments.
"Why pay severance if selling?"
This tells me you know little of the exec mgmt process. Whether or not they are going to sell HERC anytime soon, any terminations of size essentially mandates a quality severance program to maintain morale of the survivors and to avoid litigation of any protected classes as well as to ensure getting where they want to be quickly. If they sell out imminently, such actions would have been part and parcel of the deal structure, making it easier for the cquiror to improve ebitda in the fwd periods. if they are going to keep it and need to prune chaff to streamline footprint and operational efficiency, the sooner such shearing is done the better.
HTZ February Staff Reduction
"Why do that in February is the future is bright?"
The consolidation of merger overlaps, redundancies and required divestitures is now in meat sauce... following these one time costs and actions, the company is ready to capitalize on the synergies and opportunities in europe, the U.S. and other key global markets. Again, all inputs and feeder pieces are picking up and HTZ is now positioned to benefit not only in the business segment, but top to bottom of the rental car business. Recent Costco and other add-on concepts make the point that this story is about efficient growth from here forward. That is why we and some of the finest growth managers in the business along with value guys are adding in here.
We know more about Wellington than you can imagine. Make a mistake there and you find yourself looking for work... get it? Right when they were selling, smarter money was buying as detailed above.
Get ready for the stock to roar, further burying the gumptards shorts since $22. LOL
owned dnkn since sub $30... great story, but #$%$ donuts and more about anytime sandwiches, kcups and bagged coffee distribution made by the same players now doing the coffee stroy for KKD.
KKD has the very best donuts on the planet and is just now beginning the rip higher. Unhedged shorts are effd.
NUS is effd in china, their biggest market, because they #$%$ off the chinese health Ministry by distributing dozens of products that had not yet been reviewed and approved by the Ministry... this is a country that executed the former Ministry head for taking bribes associated with tainted infant milk products.
In contrast to NUS China activity, HLF has gone VERY slow over the last three years... as they have said every cc and presentation at conference, they are being careful to understand the Chinese process and want to be very careful and methodical there to avoid any kind of violation of protocols or otherwise ruffle any feathers. Sales there for HLF are getting to annual double levels, and soon it may well become HLF's largest market... meanwhile, nutrition and daily protein values are improving for many Chinese involved in daily consumption of HLF products.
All of that said, we have not been reading this board of late as greg has done an excellent job pointing out the stupidity you putzes bring here... funny as hell to think that altogether, you dipchit bashers have probably shaken out at least 413 shares so far. ROFLOL
Did I mention this pyramidputz is one of the dumbest posters ever seen here? C'mon bill, teach your putzes some basics about behavioral psychology -- they are not doing anything worthwhile for you here. LOL
First post seen here in a week and off you go to ignore...
Excellent... all the macau centric stocks should be up hard on this news. Then add $1 for the japan news for mpel, and deduct the "dividend pop" news. LOL
MPEL is going to be fine, just fine, regardless of bs shorting of the group, Cramer calling a market top, or any other bs.
That is one big number of stores selling #$%$ coffee and even worse donuts.
Thrilled to put SBUX on down here, especially since they are the only guys really hedging out their coffee over a year. By the time their hedges play out, coffee will likely be down a bunch. LOL
dnkn to 60+ by eoy
kkd to $25 soon, $30+ by EOY, almost a double from here
They will first put out a release stating when they will do the earnings release... so add another couple days for that. They have varied their release, but be sure that with each passing day they know more about how much to raise the upod guidance for the year.
Look forward to next week and this recap of why we stayed on since $22 initiation of position here (ADDED LAST WEEK ON THE CAR NEWS).
Based on the earnings and guidance from CAR, EXPE ,OWW and PCLN, as well as from all of the key airlines and hotel companies, HTZ' results will up significantly on top of guided numbers -- and the outlook should be VERY fun for longs. Shorts are roadkill on this.
A moron putz "teaching" me? LOL
Do a little homework gomer... and your putz trading on the short side here is about to get expensive. This is a perfect set up as was pcln last week. LOL
time to get very long KKD and EXPE too guys (we''ve been long EXPE since $48 and have been adding this week to KKD which is about to rip back to the mid $20s when they report real guidance for CY 2014. See my posts on those boards if you want to begin your own analysis starting with someone who actually knows the markets, the sectors and stocks. And MPEL will not only mash our initial PT of $50 for this year, $60 is a good target. In Nov 2012, we siad MPEL was a great long term play at $12... ahem. it is an even better, less uncertainty play now as the Manila Bay project is due to open mid summer this year. If you want a real growth name, all of these (along with PCLN) are beautiful. So is HTZ just now before they report. Do your own work friends, but these are golden.
And for those who want a real short, we shorted ZQK from $7 down to $4.90 to cover, then from just below $8.50 a few months back to cover at $7.02 on the high vol turnaround... and now we are hoping the what must be old guys who think Quik is still a relevant brand and have it in allocation will chase it back above $8 for us to short it AGAIN prior to the collapse down to sub $5 when they announce butchie Dec Q results and an even worse outlook.
how to you like that, post option expiry and here is $1350.
pay attn when someone who actually knows what he is doing is commenting. LOL