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Ancestry.com Inc. Message Board

stuckinamobile 48 posts  |  Last Activity: Jul 24, 2014 9:38 AM Member since: Dec 31, 2007
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  • We are supposed to believe that on line shopping is the future and that social media controls all aspects of life. Why not....FB....hot air and an internet visit.....is a 200 BILLION dollar company. What a joke. But with that is measurement of social media, look how Abercrombie and its hedge fund owners manipulate those numbers as a way to convince you that teens just love ANF. Abercrombie claims it has 21 MILLION Face book likes based on 101,000 visits. That is just ridiculous. That is as whack as their cash flow numbers they create and the margins they churn. Look at Urban Outfitters, a retailer that is not as much out of favor as Abercrombie with teens. Popular enough with teens. With 135,000 visits, Urban has 2, million "likes". Do you see how ANF manipulates these numbers to make you think Abercrombie is "liked". With less visits then Urban......Abercrombie has TEN TIMES THE NUMBER OF LIKES !?!?!?! Are you serious ??? Those numbers are so far out of line it is a joke. But this is what hedge funds do to pump a stock. 21 MILLION likes.....and all they do is continue to close stores and deal with declining sales. 21 MILLION likes on 101,000 visits. ANF accounting at it's best.

    Sentiment: Strong Sell

  • I was just in the mall and I just visited the web site again. EVERYTHING in the store was 60% off. A sure sign of cash flow issues in my opinion. On the web site they were offering 50% off on everything and up to 70% off on all clearance items. Yes their financials indicate no dent to their margins. That is impossible based on everything I see. They boast the highest margins in the sector yet I see them doing the most discounting. This is just another factor that leads me to the conclusion that the financials are manipulated and that the accountants, just like the analysts and institutional investors, are controlled. ANF is in trouble and if you do not see the red flags you will soon be in trouble.

    Sentiment: Strong Sell

  • For the first time, I took a detailed look at this stock and its product. What the heck are people trading here? There appears to be nothing behind this stock. I looked at Amazon, E Bay, and a few other places that list their many products......If the Herbalife product line does not sell on any of those sites at a discount.....how can a person promised pie in the sky profits ever sell any of this garbage at retail ???

    Sentiment: Strong Sell

  • He insulted larger sized teens, he called anyone that wore a size bigger then LARGE (L) a fat person. He said that he only wanted COOL kids in the Abercrombie stores. The company has lost discrimination lawsuits in several states for both religious and appearance reasons. The company is truly run by a 70 year old bully that thinks he is 30 by wearing flip flops and rolling up his pants and abusing plastic surgery. One of the biggest bullies in the teen sector.......But they still put out a press release because they gave out 10 $1,000 scholarships for anti-bullying. Sorry.....but for how nice that is.....It is a joke for this highly offensive and arrogant company. Another example of hedge fund paid press releases while no one will comment on the cash flow problems ANF is in right now. And think about it $10,000 in scholarships does not compare at all to the tens of millions of dollars Jeffie was paid to offend customers and teens. He is truly a bully yet they hand out a token to make it appear that ANF is finally playing nice with customers. Way too little and way too late.

    Sentiment: Strong Sell

  • I have been saying for three quarters that ANF is in a cash flow crunch. They can not afford the rent on the empty stores where the leases are not ending. They can not feed the compensation package the officers and their friends at the hedge funds steal from this company. They can not sell old inventory for 70% off and meet expenses and cost of goods. They are spending money faster then they are taking it in.....and it is just the beginning. You can hid it for a couple quarters by making balance sheet adjustments but eventually the bank account will be empty and you will have to start bowering money to pay the bills.

    Notice that this bad news does not make the headlines. If they drop the amount of smelly cologne they spray in empty stores it is a press release, if they turn the lights up in the dingy and empty stores it is headlines.....but when the company hits cash flow problems because they can not sell their items to a teen customer that has left this brand.....There is nothing in the press. Well here it is....Abercrombie and Fitch is in a cash flow crunch and the stock is way overvalued carrying a PE of 90. Sales and especially income will continue to decline. Who is paying forty dollars a share for this done brand is beyond comprehension.

    Sentiment: Strong Sell

  • You know the negatives, comp sales, store closings, all the costs of changing the stores over that ANF seems to be hiding on the balance sheet. But lets look at some critical promises ANF made at their analyst meetings and conference calls. Management promised that reducing stale inventory levels was one of its top goals for fiscal 2014. Check out the first quarter. If you look you will confirm inventory levels rose 6% in value. That is one way to boost the financials but it also delays the inevitable that the junk has to be sold out of inventory. But they are hiding it in inventory and going against on of their top goals.....Because they have to to fudge the numbers !!!

    I have made it clear that it is absolutely impossible for Abercrombie and Hollister to have the margins they claim. There is no way they can sell everything on sale and maintain the high margins they commanded when teens were paying retail for this junk. Everything is on sale. Even Jethro Tull can figure out that the margins are a lie which makes the financials questionable. This ponzie sheme of a stock has to unwind.....Or the hedge funds have to create a fake LBO to get the fraud off the books. We shall see......ANF is in trouble. If you think the changes are working in the stores.....you need to get out and go to these empty stores. If you think China will save ANF.....you are ignoring the costs of operating over in China......ANF is getting close to dooms day.

    Sentiment: Strong Sell

  • Investors and board jammers on this Abercrombie and Fitch STOCK board are well aware how the financials for ANF are presented. After 10 continuous quarters of declining numbers, the stock is now sitting at a outrageous multiple and the price is now way supported by the number of closing stores and increasing losses. But analysts do not address the dismal performance of ANF. Their job is to quietly and continuously reduce the numbers and estimates so that the headlines can read "ANF posts increase losses but beat lowered estimates".....The stock will rally and we are now near a 100 PE. Remember that ANF posted a 32 cent loss.....the biggest loss for the quarter EVER but because they were able to ADJUST the 32 cents to a17 cent loss with accounting games they announced that they beat the estimate loss of 19 cents and ran the stock price up by controlling the bid and ask trades on ANF.

    Anticipate a huge downward adjustment going forward as ANF looks to a terrible back to school year. The accountants are working overtime to come up with accounting adjustment to accommodate the dismal performance of ANF. Stores will close as this recovery and realignment gets extended into the next awful quarter.

    Sentiment: Strong Sell

  • stuckinamobile stuckinamobile Jul 9, 2014 12:46 PM Flag

    That is because I do not use multiple ID's to conduct conversations with myself. I talk about ABERCROMBIE and FITCH. I do not use a stock board to display how much I do not know about politics, Socilaized Health care or other non stock topics you pick out of a hat. Stick to Abercrombie and Fitch or get off the board.

    Sentiment: Strong Sell

  • stuckinamobile stuckinamobile Jul 9, 2014 11:53 AM Flag

    Yes. There is a concerted effort to clean up the Abercrombie and Fitch Board and get the paid board jammers off the ANF stock board. This is a stock board. There has to be a place where radical political garbage is posted freely and that is where most of the old timers should be.

    Sentiment: Strong Sell

  • Finally. A bit of truth. While we are force fed the story that this is a rip roaring economy the truth may be coming out that the consumer is really not spending money. We reduce unemployment by not counting unemployed people and we adjust home sales and GDP as quick as ANF makes accounting adjustments to meat lower estimates, but the truth is that the consumer is not spending money. And when the consumer stops spending the first to get hit the hardest is the so called luxury items which Abercrombie and Fitch fits into along with Ralph Lauren and not H & M and Forever 21. So while you think 25% less cologne and all the money spent on getting rid of the shutters on the store will bring back the ANF customer, accept the fact that the consumer is NOT spending money and ANF will continue to decline but beat lowered numbers.

    Sentiment: Strong Sell

  • At first I though there were actually two paid pumpers. But after further analysis, it is just one paid pumper thinking he is creative by cut and pasting senseless conversations between himself. Go to the FLAG line and put the paid board jammer on IGNORE. If you are interested in bias and uneducated postings please continue to follow these posts that have nothing to do with Abercrombie and Fitch stock. But if you wish to conduct conversation and share information and opinions on this STOCK BOARD related to ANF stock, please IGNORE this one board jammer posting under different board names.

    Sentiment: Strong Sell

  • stuckinamobile stuckinamobile Jul 2, 2014 1:33 PM Flag

    Why here??....Why on a stock board dealing with a teen retailer? Why not be in a chat room or e-mail each other? This is pure board jamming to keep relevant discussions about this terrible stock to be part of the board. And I do not believe you. You are just another yahoo address the board jammer behind hiram and diego has created. This is not a political board it is a Abercrombie and Fitch stock board. ANF is on the verge of failure and you are trying to keep people from having a discussion on its failure while showing you truly have not been out of the basement since the JFK years and do not use your computer to research politics or anything related to Abercrombie.

    Sentiment: Strong Sell

  • stuckinamobile stuckinamobile Jul 2, 2014 10:48 AM Flag

    Wow. Politically ignorant, bias and a hypocrite. All that in a board jammer. You must be very proud. You really should consider a GED. With your alter ego diego you can get two for one.

    Sentiment: Strong Sell

  • stuckinamobile stuckinamobile Jun 30, 2014 11:26 AM Flag

    It is still pretty heavily institutionally owned......It has been very quiet as they allow the price to fall bit by bit each day and week......and you are right......This downdraft is just the prelude to a rash of buy recommendations and a string of beating (lowered) estimates. I do however have great concerns about cash flow for Blue NILE. The game has continued for a long time where they rip off the cash with stock options and then a stock buyback they say is a great thing but is only good for insiders.....I will keep watching but I am no longer short this awful stock.

    Sentiment: Strong Sell

  • Reply to

    The revolutionary war

    by hiramfoster Jun 28, 2014 1:00 PM
    stuckinamobile stuckinamobile Jun 30, 2014 10:07 AM Flag

    Who do you think cares? Is that the pride of your accomplishments? To be insignificant and clueless since 1999?

    Sentiment: Strong Sell

  • stuckinamobile stuckinamobile Jun 27, 2014 1:30 PM Flag

    Yeah, sure. We shall see. They will either cover this fraud with a fake LBO or it will fall hard. The stores are empty and no one is buying this brand. Do what you want with the fraudulent financial numbers and pretend a loss that went from 9 cent lost to 32 cent loss and then adjusted to BEAT THE lowered ESTIMATE is a positive for ANF. At some point the fraud has to stop because the only way they can sell this brand is between 40 and 70% off. I really do go to the stores and monitor the web sights. The 70% margin is impossible with the big red and white signs in the stores that say 70% off. I will take my hits here as the analysts that own the stock put a 60 dollar price target the day after the CEO files to dump 600,000 shares. It is all positive.....I admit that now.

    Sentiment: Strong Sell

  • My analysis is wrong on all fronts. I need to find positive in all negatives and if I can not find a positive. IGNORE all negatives. ANF is a buy because it has not borrowed money to recently. Forget sales and profit declines, ANF has little debt. The profit margin of almost 70% is believable even though the math does not make sense. As the retailer is forced to sell inventory at up to 70% off, they somehow have reported that gross margins are 69.37%. Impossible is not applicable here when you have accounting adjustments and unchecked financials. Ignore the fact that the NET MANGINS are NEGATIVE 2.87. Only focus on the overstated gross margins. The PE of 90 is the new norm in the sector for a teen retailer that has successfully retooled its stores and captured a new customer. ANF is all this. Declining sales and increased losses are positive because these lowered sales and increases sales are more focused at this company has found itself. I need to ignore the fact that teen fashion and back to school spending will be down as teens spend more on telecommunications, entertainment and sports. No matter that sales will be down as ANF ALWAYS beats lowered estimates.

    Sentiment: Strong Sell

  • stuckinamobile stuckinamobile Jun 26, 2014 1:44 PM Flag

    It is my understanding from the SEC filing that he is selling up to 600,000 shares acquired from his options. So I am not sure why you say he is not selling anything. He is selling ANF stock that he got from options his buddies on the board gave him.

    On June 19, 2014, Michael S. Jeffries, Chief Executive Officer of Abercrombie & Fitch Co. (the "Company"), entered into a new Rule 10b5-1 trading plan (the "New 2014 Plan") with a broker to sell, subject to a limit order, shares of the Company's Class A Common Stock, $0.01 par value (the "Common Stock"), that will be acquired upon the exercise of certain of Mr. Jeffries's stock-settled stock appreciation rights

    Sentiment: Strong Sell

  • stuckinamobile stuckinamobile Jun 26, 2014 12:20 PM Flag

    on my calculation around 200,000 but if he keeps dumping 50,000 shares ever month, he will have nothing left. So he may be getting ready to retire before the company is investigated for security fraud.

    Sentiment: Strong Sell

  • This is to address "how many shares does he still have". And of course we are talking about the arrogant CEO Jeffie. When I started tracking ANF in 2013, this overpaid CEO was the highest paid CEO in this sector and had amassed over 1.3 million shares of ANF. When you put the company board in place with your friends and ask the board to compensate you beyond the norm......You are Jeffie. Back in June - July of 2013 Jeffie dumped 400,000 shares and naturally the stock went up on the positive news. He has been selling approximately 50,000 shares every month in addition to that dump. Now he has filed to dump 600,000 shares. So based on my tracking, he has just over 800,000 shares currently and if he sells the full 600K he will have 200,000....BUT......if he keeps dumping 50,000 shares every month like he has been doing, he will have nothing left. Which tells me he plans to retire and he will retire ripping this company and its shareholders off for tens of millions if not over a hundred million dollars. I have a problem with this CEO. But of course that is a positive indicator for longs.

    Sentiment: Strong Sell

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