Good luck! Glad my chubby gal can not shop there!
No names please. The poor girl seems to have some issues. Likely a shut in who has a need for conversations with herself. This happens on these boards.
You almost can not go wrong with VIVO long if you are patient and play the "channel. Like clock-work the stock price will fall to $16-$18, then rebound to $22.00 - $24.00 on an 18 to 22 month cycle. Pick it up at a time like now and sell it in probably early 2016 and pick up a BBB "bond-like" dividend.
So easy it is a crime. Anyone "buying" from $18 to $16 while the stock goes down is no wizard. The pattern is so predictable that anyone with half a brain can make money trading VIVO with little investing skill - like me. Time and time again for over 15 years!!
Just do it! 15% pop the next 3 trading days on earnings surprise then ex-dividend date where shorts close positions just before.
Tonight may come the most exciting earnings report in two years! The dirty laundry has been washed and it is the right time to make the new team look good. Bonuses get determined now!
Can't wait, can't wait.
Sentiment: Strong Buy
The next 40 calendar days are setting up real nice for GRMN stock price. Earnings and were on the good side of OK, the company is likely to start talk of a new stock purchase plan for 2015 (that I think requires shareholder annual approval for a "Swiss" company), the overall market looks good, and they sell "consume"r electronic products while the Christmas shopping season will be on and consumers look like they will have money tend and will spend on Garmin's type of products.
The icing on the cake is a Dec.13 ex-dividend date. Many short" will clout he position3 to 5 days before December 13, leaving a nice chance to see a few days of $60 print on the stock price for any longs that want to sell a little for capital gains.
I presume your "option" contract was selling puts, the most sensible November trade right now.
Thank you for doing the currency conversion. I am looking to raise a little cash and this made a limit sell order easy. I have owned the ADRs a few years - some with a $9.75 basis. 8% more if I wait another 9 months. I can not believe how long it will take for the expected close of the deal. Arbitrage will be interesting since a currency factor (wild card) is embedded. Not a simple time wait.
Thanks for your post.
There are two things for the short term - say the next two weeks. The restructuring, with the resultant tax bill that was accrued, will now hit the cash a bit. Cash will be marked down to pay tax later, The second is that GRMN completed their stock buyback and have no money promised to do any more buying. People who want to short will focus on this since shorting is a safer bet without the company treasury able to buy back stock and level the stock price on big dips.
I am sure the company will announce another buyback. That could be within the next month. The company could not buy stock the past few weeks as earnings were pending. Now they can allocate another slug of money, then continue buybacks. That announcement, when it comes, plus what may be a good holiday sales season in genera,l should cause the stock to close out November pretty nicely. I would not be surprised to see a $60 stock early December. Watch for the buyback news the over next thirty days. If you want profits (say you buy now) you will get a chance for a nice 10% gain in less than 45 days.
If you are an investor or opportunistic long trader, the next few days mean little except if you want to buy at a decent price so you feel smart come December!
The folks that are short will close up their position the next two days. They do not want to get "spanked" when the earnings come in. Looks like it will be good from at least the Marine segment. On fire with sales from what I see on the Carolina coast.. Hold out for at least $57.50.
Where is the bottom? This makes little sense unless a deep pocket is planning a take-under and short selling down before the "offer". Manny may actually be in on this. The company is essentially half cash! One gets a decent and known "Brand".name for a buck and a half.
Something screwy going on now. News in the month or two forward could be interesting. Can not stay secret much longer. Afraid, however, by this price action it may not be nice or at least totally above board and ethical.
Thank you for this post. I missed this news. Positive news. With reduced share count the earnings may set up for a beat for the year, judged against the April guidance where they reduced the earnings outlook.
Nice P.R. release today on contracts signed deals they set up the past 9 months.
I may buy a little more on this pullback.
There is a lot of chatter that Steve Birkhold's stock sale and exit means the worst for BEBE shareholders. Not necessarily so. The interim CEO is a hired gun, has his own successful consulting company. Those of us who lived deep in the "corporate world" know that with the past quarter's report (which could be a "flush out", and the "strategic alternatives" the company is to look at - there may have been no future spot for Steve. hee did his job. The company did not state yet whether he got or negotiated an "exit package".
These developments, along with Manny's age tell us that this company will be sold or acquired. Manny is obviously focused on that fact now and will give up his baby for a decent price.
The company may not sell for over $7.00, but you can be sure it will be over the current price. The risk/reward looks good now. This stock will be dangerous to short from here as news of a sale, or interest in a sale, could arise at any time. If you own it and are depressed, at worst hold. If you have animal spirits - buy. Look at $5.00 to $7.00 as the sale price to private equity. With the companies cash, this is a classic Private equity play. They will offer a nice premium, load the company with cheap debt, pay themselves an immediate dividend, and long holders go away with up to double what the company shares trade for today.
Did it months ago. I still have this pink sheet stuff from SIRF, but any and all further purchases and sales have been the more liquid ADR CSRE.
I use that Board and skip posting on this.
I am with you.. Over 38 years as a private investor in stocks I self- mange, I have become disillusioned to the " focus only on the growth" MBA way to run companies. that is why stocks take stairs up and elevators down. I always want a little reward today for my risk of personal capital. Simply buying back stocks only further increases the out of control granting of management stock options. When they execute, we all loose some of that Treasury cash. I feel the overconcentration on buybacks suckers the personal private investor and forces us to think mostly short tem - as management and "stock Professionals" do. This practice. with options, is a major reason why executive compensation is out of control and why so many stocks make round trips up then back down to start over 5 -6 years. We saw 'the Lost Decade" on many. Good dividends from here on will prop the nice share prices we have gained to in 2013 -"put" a floor under share price declines.
Pro money managers are in the same game as management of the companies. That is why we get no where on getting control of management compensation.
Hopefully you voted all your spring proxies and voted "no" on the management compensation and incentive plans. few fund managers will!!
Or the new downgrade. The day Zacks downgrades from strong but to sell, the decline in stock price flattens out, then inches upward the next day!
A chance for PFE management to be awarded a big bonus year end for doing a deal - even thought screws we shareholders. I was in Pfizer for years. As of 2000, all executive management consistently masked poor performance and skill by these "deals' to flush out accounting holds. They call it "a big event" on the inside and use the mergers to write off and claim years of accounting write-offs they needed to take. it all goes in the bucket within a year post merger. result + board gives big bonuses. Just watch. Their bean counters current and past know what I am talking about. They hit all the plants for sure with the nonsense.
2014 looks like a coin toss. 1Q Gross revenue was way down and attributed to the luck of one time non-recurring sales that occurred in China in 2013. They said this was expected! Makes you wonder who bought the stock in February in the 50's knowing that.
looks OK for Q2 with revenue normalizing, though their base business stagnated 1Q also - down 11 % from last year. Maybe world economy is truly turning a leg down. margins however looked beautiful, but this market rewards gross revenue (at all price) and is not rewarding efficiency and margin growth as much. A flip from the 90's! I think the stock is safe at $35. They have an expected growth rete in the low 20's, probably changing to high teens.
The gaps down can take 3 to 58 days to work to a bottom. I did add this afternoon to replace what was sold in February. If we go to $35, I will add more. Good luck.