In last financial meltdown, nearly everyone firmly believed that General Motors would have to go into bankruptcy. But management said right up to a few hours before filing that they did not plan to go into receivership. They wiped out all the equity of old shareholders and the governments in US and Canada got most of the new shares for bailing them out. Does history ever repeat itself in the financial community? He who does not learn from the past is doomed to repeat it.
Someone reported BOJA earnings release coming after the close Thursday. (Feb.4) We even put this date on our calendar, but no report was forthcoming and no announcement of a delay. Strange. If March 3rd is new date, it needs to be communicated properly.
"Let's go to the other side of the river and rest under the shade of the trees." Either Stonewall Jackson or Robert E. Lee first issued those words during the Civil War. Do you know when and where the troops were located?
For investors who can buy for long-term and hold through the ups and downs, you will be rewarded with a share price of at least $30 with a yield averaging 6% or better with MLP tax benefits. Do your own research. Did mine yesterday before playoff games.
Now is the wrong time to buy or average down. This market is headed a great deal lower and it will take a long time to make up the coming losses. Have patience. Keep the stock on you list to buy, but give FSLR and most other equities time to fully shake out. Wait for blood in the street when people begin dumping for any price they can get. Capitulation. Heavy volume. Then you will make some big bucks in this and a great many other quality stocks. Have owned this company twice and made money each time. Will make money on it again in the future. Hope your strategy enables you to do the same.
Jan. 13 will find BOJA at the premier consumer growth conference in Orlando. The confab is attended by institutional investors, analysts, economists and industry leaders. Report will be posted on BOJA's report on web page. May get some insight into coming year expectations.
Have researched SNH and OHI (Omega) and decided on OHI as the safer and better quality. Do your own due diligence, but if you have the time, I'd certainly look at Omega as well as a few others in this industry. A few more days for tax-loss selling and SNH may have more selling until Jan. l. A good many in this and other categories are tax-loss targets. Have a great holiday!
CERS Down over 9% plus today alone! How inspiring!
At today's price, BOJA has got to be a buy. Dined there last night with three friends and we all loved our chicken dinners. One said that he'd never eaten there before, but said he'd be back frequently. We do not expect this to be a down quarter on earnings.
The buyers over the next few days may have an opportunity to put some pressure on the shorts. We have added shares in past two days and feel all right with that decision even if the dividend gets another cut.
Anyone who is not asleep at the switch knows that Congress is getting ready to extend the tax benefits for solar, maybe for five years. That is what will be required if the GOP wants to give oil companies a right to export oil. No solar extension. No oil exports. The budget deal may be ready for approval by Friday and no later than next Tuesday. Market pros are pricing in a positive budget deal for solar. Chances of passage are 80 to 90 percent.
As I recall, BOJA had 379 franchised restaurants, so it now has to "struggle" with 371?? In the coming year these and others will be added including both franchised and company-owned. May be as many as 40 in the next twelve months. Company is not sitting on its laurels.
Who knows? The value of land and buildings may have skyrocketed in value. Remember, this is Disneyland country. Anyone smart enough to put together an eight franchise restaurant chain should not be considered stupid. No doubt in my mind that he (or she) has an ace or two up their sleeve. The statement said the franchisee has a LONG HISTORY IN REAL ESTATE DEVELOPMENT!
Got to be a few people with paper losses who need to sell for tax reasons. Tax selling could last until the end of December. With so many shares, capitulation, panic or both may come by then. If so, consider buying a few shares.
If existing clients are not expanding, and new clients are non-existent, where does an MLP get new business? It seems to me a key concern. Not only profits, but revenue is sure to come under real pressure as long as clients are not expanding and growing. That's where new contracts will have to come from.
Another question not so far-fetched now: If this model is truly broken as some rather smart folks believe, with the debt and leverage in this group, will institutional investor ever show up? Why would they not also become sellers? Not short or long, but the falling natural gas and oil prices bother me a great deal.
When EPD broke solidly below the 22.10 of Sept. 29, it opened the door for a new support at 18.33 (Aug. 1, 2014). If it penetrates that support. your 16 or less number is not out to the ball park.