The bottom is in here... only thing left is upside into the real guidance update, pricing increase, and incremental store openings on top of the sandbagged guidance.
Nice to see the institutional buying today resulted in one of Woody Allen's socks stuffed full of horse dung being shoved down the moronic short bashers' throats here today.
Shorts are roadkill as my partner loves to quip.
Looks like a few hedge funds decided to get long with us here. How are those unhedged short trades from yesterday working out for the chumps here? LOL
wasting your time reading that bs... Motley Morons and the like are all wasted ink.
We wrote all you need to know about the playbook here yesterday.
If you know much about the key holders here, they aren't looking to the sell side, GS or anyone else, for analysis or advice, and if you read most of what passes for "analysis", it tends reads a lot like a summary of investment conference presentation slides. It takes more work than superficial power point gleening to develop ebitda modeling and growth curve shifts (e.g., such as what is coming up here with Manila), and t there is something to the guys looking like players in the resorts but actually hired consultants studying machine play, limits and play depth... Most of the pm sponsorship over the last two years is still here, staying in with offset shorts to protect the 2013 roic incentive comp driven by the run above $35 seen of late.
We've shared much of our trade in and around the core position here, and we know many have positioned similarly (except we pulled the hedge off here)... 2014 will be great, and no one managing serious capital allocated here gives a flyin Fick what GS publishes about the company.
agree with your points... i usually do not read any of the MF bs as it is almost never worth reading, and here I did based on the headline that MPEL is overvalued on a relative basis. That assertion is plain stupid and demonstrates a complete lack of understanding of the sector, Macau and MPEL's ongoing and very solid outperformance. MPEL desrves a rich premium multiple and despite the the outperformance, does yet even close to reflect what is happening in the coming quarters. All the better for us; this has enabled us to get to our largest ever allocation on the cheap.
We're long a bunch of DNKN largely on the menu expansion, growing margins, coffee victories AND ONLY THEN the geographical expansion west.
As for DNKN donuts, they suk compared to Krispy Kreme delights... and KKD is going to be just fine after all the retail selling is done and moronic, unhedged shorts finish impaling themselves. last Q this process took 5 days before the turnaround... this quarter will be quicker as people figure out that everything discounted about forward guidance (ss comps, revenue and new store openings) is VERY sandbagged vs what they will rollout.
Unhedged shorts are effd, just like we said in march about HLF at $38, and GMCR at $18 last year end. But who gives a flying F what morons do with their money... the smart folks are getting long here -- VERY long while the morons are selling/shorting.
You calling me dim bulb is F hilarious.
FY moron. See you up 20% before Christmas... you'll be on the f porch alright, with the puppies standing on newspaper #$%$ yourself. LOL
p.s. funny to see this inhummera and all his twerk partners back on the board today... you would think the most gumptarded of the twerk circle of #$%$ trading pals would have torched the aliases they have been so dead wrong on and come up with new ones to write their ignorance essays. LOL
We were surprised to see this join the chop early and then all afternoon, but glad to take advantage of it.
CNBC and Bloomberg commentary is consistently awful, as is every other talking head who knows next to nada about the markets. Rates going up with strengthen the dollar, and the "fear" of a 3% 10YT is so nuts... yields backing up is going to strengthen the USD and oil runs up $2? These inconguities are ripe picking for those who paying attention.
As for MPEL, a few recent "research" pieces and Motley Moron articles suggest MPEL is expensive based on simpleton trailing metrics. Would someone please write to their research directors and "service" editors or comments sections to advise other readers that more than one person understands that MPEL shares are discounting only a fraction of the huge ramp coming on ebitda as COD Manila and then henquin and Studio city come on line? As for more thinking on relative valuation, consider that LVS has 4 new properties opened on the strip just now coming up to fully operational, and while that has been a beautiful thing for Cotai market size gains and they have made some (we think surprisingly small) progress on share, MPEL continues to do better than hold share without any incremental footprint.
And here comes the footprint! Based on the tape today, we are not alone buying up evermore of the shares people will sell out or short for us. LOL
is this fun or what? Time for victory laps for Uncle Carl.
Where are the #$%$ twerk circle trading club morons... I only see inhummia and texcrement?
Back to top of IBD (LOL) and every other chart trading service... and all the way up to where uncle Carl called it "seriously undervalued." And we don't even have the 8k with the recertified back year financials on file yet!
We know inhummia is not good at thinking clearly. He's short at $67.30 last check and also said he couldn't wait to see us cover at $35 -- LOL -- and that after Ackman's brilliant (I mean stupid) restructuring with puts that are OTM unless the stock drops to below $32 or so, and that "it is impossible to squeeze the stock" [sic LOL].
His latest montra chanting is that icahn is going to be a seller at the first opportunityas the price moves above the lockout floor... LOL inhumnia apparently didn't get the memo Icahn published about how HLF is the "kind of story we like to own for 10-15 years."
There he is, with all of his arrogance on blazing display... with wet pants after today's breakout. LOL
For those keeping score, blew out the latest sleeve of trading shares with a 17% gain... hey, up another $14 or so to our PT for this month and we may even pull the plug on the unhedged core position.
I hope all of these short putzes are enjoying their Woody Allen socks full of horse dung. gobble gobble gobble...
Good thinking -- all the morons are shorting this!
Hurry if you want to be sold out or short below $21. Several buy algos scooping up all you chumps will sell or short. LOL
Shorting this at $25 was an nteresting bet if unhedged, but shorting down here after last night's call is an exercise in stupidity. Do any of you morons shorting after the conference call actually think it is coincidence that they have sandbagged preliminary guidance on EPS and same store expectations, or bridled same store comps?
Don't fret over your ineptitude and stupidity. Retardation is tragic, but it is not your fault. Morons and other gumptards have a hard time figuring out anything, but many of them think KKD is a good short -- right when they should be buying the stock. LOL