WEN getting into pretzel burger buns is pure genius. They should continue that initiative with a greater offering of side items like pretzel sticks and dipping cheese, zucchini frit, and sweet potato fries that would solidify higher-quality and upgraded "burger meals". JMHO
This minimum wage debate is an even bigger indictment in the short comings of this economy. Flipping burgers was never intended to be a long-term career move. The disparency in pay at that level compared to the next level or above, was designed to incentivize and motivate workers to work within the system and work his/her way up the ladder. The growing frustration exhibited today indicates that there is a growing group of folks, who either do not have the skills to move upward, have the motivation to do so, or the credentials (this includes citizenship and valid working papers). Something is seriously wrong, which will lead towards greater wealth inequality in this country. These are the type of the jobs that are very susceptible to inflationary moves, and that is what we are starting to see in mass take effect! JMHO
FNSR is getting hammered today, down to $19.... and they have an earnings call on Sept. 4th.
The earlier problem stems from OCLR trying to be the jack of all trades, product-wise. I'd take OCLR in doing fewer things, but gets better in doing those fewer things, than the earlier way any day. This is acquisition larvae, as we speak. JMHO
There is no way tier-one creditors are going to approve of any dilution moves (reverse splits). The board will vote for exploring "strategic alternatives" first. OCLR's balance sheet looks attractive, and having no debt still affords it quite a bit of options on the capital-raising front. At current valuations, OCLR is as good as any bargain-basement acquisition!
shareholder_in_residence, you are being a bit dramatic in making your point. What I'm saying is you have to put even your version into context. OCLR had come back from a sub-$1 pps befofre the run to $3.20....so one could reasonably argue that the current pps is reflective of an expected pull back to within book value. I do, however, agree with c757172 and his comment about OCLR being acquired. It is not hard to imagine such possibility at these valuations. As I have said a while back, I can see private equity making a play for OCLR with a subsequent re-package deal in mind. JMHO
Anilkoomar, you are forgetting that COGs (cost of goods sold) is not a static figure. In other words, the calculation fluctuates on variable factors tied to the producer. The Chinese can surely produce "widgets", as you say, at a lot less than $1 per unit! Margins are one thing, but holding the assets (tech) and controlling a market are another. JMHO
I agree. There is no compelling reason to stay in ECOM, especially when it is a shorts wet dream trade. I feel fortunate on flipping this stock for a 42 cent gain per share, the day after I bought in. I'll happily take my $2k capital gain and invest it somewhere else! GLTA
I bought in today at 16.55 and hope for a bounce as well. Any move North from this level is gravy. The call was not bad at all. Dollar per customer revenue was good, and the shift of their customer base to bigger customers from more smaller accounts should also bode well for their receivables and sales booking. Cash flow could be better, but allocation of some cash to sales-oriented growth programs is reasonable. Although the CFO wouldn't commit to a cash-flow positive timeline, he did say that he did not see any need in the foreseeable future to raise capital externally. Bottom line -- today's (Aug. 5th) action is a bit oversold. JMHO
ECOM has 17.30% of its float in short positions at the moment, with 7.3 days to cover. This is based on a float of roughly 20,000,000 shares. Lots of opportunities here....
ECOM is going to be a short squeeze special. This was a short play at the 20's mark. Anyone shorting it now at this level is a hog....soon to be bacon and chops.
You will find that you actually saved yourself some money by not going short at these levels. ECOM is THE Bounce play of the week. Buckle up, as it eventually gets back to the 19-20 range by week's end.
The bottom is being priced in as we speak this a.m. at the mid-17's to 18 range. After the call today, it will either be a $2-2.50 pop up or a new 52-week low. JMHO
Reverse Chinese mergers typically follow this M.O....very under the radar. The acquisition vehicle that is used is typically listed in the islands, as to allow this. Make no mistake, this is already a done deal and formalities are respectfully being observed.