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Zumiez, Inc. Message Board

tngenchek 449 posts  |  Last Activity: 9 hours ago Member since: Sep 3, 2009
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  • tngenchek tngenchek Aug 20, 2014 8:02 AM Flag

    Nah, all they have to do is put the JCP BOD in charge of the protests.

  • Reply to

    What is the future of JCP bagholders?

    by tngenchek Aug 19, 2014 11:18 AM
    tngenchek tngenchek Aug 20, 2014 7:59 AM Flag

    What are you short 500 shares?
    .
    .
    Just 93 shares, and what's that option thingie you speak of?

    Actually I may cover on the next good sized pullback. JCP is apparently going to hold to the bitter end like RSH instead of saving the bulk of the company when the money was right. End of year is coming up and we all know how giddy bagholders get at Christmas time; they think this is the first one ever, and only JCP has it. If I don't buy soon I'll have to hold another year of dead money, or I could just take the bagholder money, laugh, and move on to the next JCP.

  • Reply to

    What is the future of JCP bagholders?

    by tngenchek Aug 19, 2014 11:18 AM
    tngenchek tngenchek Aug 19, 2014 4:04 PM Flag

    Ohhhh look...a 3 year old article about the steel industry...How special is that?
    .
    .
    If I were posting a 3 year old story about the steel industry, it would be rather pathetic.

    However I was posting a story illustrating how bagholders(steel industry or JCP) holding on to a lost position is rather pathetic.

    ----------------------------------------------

    "The guess is a new 52 year old high is in the cards"
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    .
    That would be a regular wet dream of your average bagholder" I believe that figure would be 85 bucks(?).

    And exactly when do you think you'll be seeing 85 bucks?????

    Maybe a thumb survey is in order

    Anyone thinking we're going for a 52 year high of 85; give a green thumb
    Anyone not thinking we're going for a 52 year high of 85 give a red thumb

    Anyone thinking Market retired far too early and needs a life, give a middle finger up!!!

    And perhaps Market should join Yah in doing a little more research and a lot less time trying to one-up me!!!!!!!!!!!!!!!!!!!!!!!!!!

  • Reply to

    What is the future of JCP bagholders?

    by tngenchek Aug 19, 2014 11:18 AM
    tngenchek tngenchek Aug 19, 2014 3:19 PM Flag

    Same thing for folks like you--ever entertain the possibility of a turnaround?
    .
    .
    Yes, and I've posted such info from time to time. One such recent instance would be the possibility of a buyout by a foreign firm looking for an instant footprint, however you probably missed it, because you, Market, and Yah, seem to have a fixation with one-upping me at the expense of any real analysis pro/con of the company.

    Next question please.

    Of course I might ask for equal input from you(citing your failure to post your Q2 prognostications) after challenging me to post mine. They generally call posters like that "lurkers", they hide, waiting to pounce on a misplaced quotation mark, etc. and then, a HUGE "Gotcha", thinking somehow that negates all other information presented.

  • Reply to

    What is the future of JCP bagholders?

    by tngenchek Aug 19, 2014 11:18 AM
    tngenchek tngenchek Aug 19, 2014 2:19 PM Flag

    I'm not a pumper. I consider all scenarios.
    .
    .
    Funny thing, every time I read that it's from someone that is only pumping the upside scenario, never see anything that might be construed as a downward possibility !!!!!

  • Reply to

    What is the future of JCP bagholders?

    by tngenchek Aug 19, 2014 11:18 AM
    tngenchek tngenchek Aug 19, 2014 1:22 PM Flag

    The fundamentals of your short position has changed. You could have covered under $5 now you are underwater.
    .
    .
    I'm in(considering dividends paid etc) at around 24 bucks; I will not hold any further than at a floor of 14.

    I'm not as savvy as all the bagholders to have bought or covered at 4.90. Funny thing is there are about 10 times as many people claiming to have bought at the bottom as actual shares traded. Makes you go Hmmmmmm.

  • Reply to

    What is the future of JCP bagholders?

    by tngenchek Aug 19, 2014 11:18 AM
    tngenchek tngenchek Aug 19, 2014 11:27 AM Flag

    You are contemplating this as you watch the screen and it keeps ticking up?
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    .
    Another prediction this is only upward from here??? This is the new floor??? Mark this post???

    Where will you be if/when it ticks back downward???

    An uptick could be as simple as unloading on the sheeple; fundamentals haven't changed one iota in the last 7 days.

  • Reply to

    Brick and Mortar Hurt Catalog.

    by byetwoholed Aug 19, 2014 11:16 AM
    tngenchek tngenchek Aug 19, 2014 11:23 AM Flag

    Watch as smarter brick and mortar stores hurt the popularity of online shopping
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    #1 you said "smarter" and inferred JCPenney in the same thought

    #2 JCPenney has neither the time or MONEY to hold out long enough for on-line to go away.

    Internet retailer:

    The web in 2018 will account for 11% of total retail sales, up from 8% in 2013, according to a new Forrester Research e-retail forecast.

    U.S. e-retail sales are expected to grow from $263 billion in 2013 to $414 billion in 2018, a compound annual growth rate of 9.5%, according to a new online retail sales forecast from Forrester Research Inc.released today.

  • Probably goes something like this.

    There is always that wee bit of hope

    ---------------------------

    New York Times - Nov 17, 2011 .....Amwell Township, Pennsylvania...............“There are still people sitting in bars waiting for the steel mills to reopen.

  • Reply to

    CEO's health is in question?

    by peter_norths_proctologist Aug 14, 2014 5:23 PM
    tngenchek tngenchek Aug 19, 2014 10:38 AM Flag

    LMAO -

  • Reply to

    Shorts are getting hammered...

    by markitvalue Aug 19, 2014 10:17 AM
    tngenchek tngenchek Aug 19, 2014 10:37 AM Flag

    you've come up with an original idea.
    .
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    "Original idea" - - "mental masturbation"

    toe-mate-toe - - - - - toe-maht-toe

  • Reply to

    Shhhh I hear......

    by markitvalue Aug 11, 2014 5:54 PM
    tngenchek tngenchek Aug 19, 2014 10:20 AM Flag

    At $10.17 Tngenchek, I'd say your losing credibility faster than???.
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    So I can put you on record 10.17 is the new floor; mark this post???

  • Reply to

    Shhhh I hear......

    by markitvalue Aug 11, 2014 5:54 PM
    tngenchek tngenchek Aug 19, 2014 10:02 AM Flag

    Funny thing, let's check that track record
    --------------------------------------------------------
    Market:::::: Speaking for the Longs, "We had it right". And we have a shot at $25.00 and more down the road.........Retoy, Alloro, Tngenchek....You're up!
    .
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    Well looks like I totally called this one wrong, guess I'll be closing my position and making my margin calls, never to be seen or heard from again
    /s
    Seriously, lets just see how wrong I called this one so far,OK.
    This was posted to Supor(who by the way never responded to my request that he post his own preditions instead of his usual punctuation mark proofreading)
    ------------------------------------------------------------------------------------------------
    tngenchek • Jul 25, 2014 5:23 PM
    My guesstimates(opinion) of Q2 I've posted before. You were forewarned they would be massaging the numbers with the new accounting procedures re: liquidation merch, etc., guidance was mid single digits (5-6%??) add the massage # of 1.3% and you get sales of 6-8, margins will come in between 34-36% giving bagholders a reason to non-stop dancing in the streets that the "turnaround" is indeed taking hold. I'll do a Mike/Yah here and say the stock will go up or down but probably not stay the same. All kidding aside, I look for quite the pop in the PPS.
    After the initial euphoria passes and the bean counters start tearing the numbers apart, they won't look as good as at the first glance, reality of the debt etc. take hold, and back down she goes.
    Your turn.
    --------------------------------------------------------------------------------------------------
    Surprise surprise surprise
    SSS was 6%
    GM was 36^
    Popped to 11 bucks
    and wonder of wonders, the inventory was magically improved by liquidation
    ---------------------
    ---------------------
    I would call almost a 100% on that one; you might do well to follow a winner.!!!!!!!!

  • Reply to

    Webrooming.

    by byetwoholed Aug 18, 2014 3:40 PM
    tngenchek tngenchek Aug 19, 2014 9:47 AM Flag

    markitvalue • 13 hours ago..........Today, marks a brand new year to date high!
    ------------------------------------

    I show a 10.90 high at 3:05 on 8-14.

  • Reply to

    Computer Controlled Trading can't Stop the Force

    by bloop2456 Aug 15, 2014 8:38 PM
    tngenchek tngenchek Aug 19, 2014 9:35 AM Flag

    I agree. I remember Best Buy situation
    .
    .
    You could be right, let's check out a couple of things

    Best Buy is a 42 Billion revenue company with a total debt of 1-1/2Billion and a debt to equity of 37

    JCPenney is a 12 Billion revenue company with a total debt of 6 Billion and a debt to equity of 200

    -------------------------------------------------------------

    Nope, that didn't pan out; you're just another pumping fool !!!

  • tngenchek tngenchek Aug 18, 2014 8:20 PM Flag

    All this stuff about on-line research is just meaningless dribble?
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    Not quite sure what you're trying to say, possibly you aren't either.

    Just to "clarify" THE FACT SOMEONE DOES RESEARCH ON A PRODUCT OR SERVICE ON LINE DOES NOT MEAN THEY WERE GOING TO BUY THAT PRODUCT ON LINE AND WOULD THUS DEPRIVE SOME ON-LINE RETAILER OF A SALE lending credence to the new found term "webrooming"

    As an example; I research the he11 out of a vehicle on-line. That in no way deprived an on-line business of a sale.
    --------------------------------

    Did you see the nice article from Elephant Analytics on the subject of declining store traffic? I thought it was very well researched and pretty well summed it up in a nutshell.

    --------------------------------
    You should spend more time on research and less on trying to one-up me.

  • Reply to

    CEO's health is in question?

    by peter_norths_proctologist Aug 14, 2014 5:23 PM
    tngenchek tngenchek Aug 18, 2014 8:09 PM Flag

    I don't know what condition could linger for 20 years and need surgery.
    -----------------------------------

    It's a spinal problem he's had for years that makes walking difficult. He uses a Segway at work to get around a lot of the time.

    What I did find(and posted) unusual was the fact that even tho the surgery was not an emergency they apparently moved the loss report up a week to accommodate it.

    This is not in any way to be interpreted as anything except to add to the thought process of the bagholders. What if his neurological condition doesn't get better and he can't return to work. He did cite it as one reason when he retired the first time.

    ----------------------------------------------------------

    ***************Ullman’s neuromuscular condition, which prevents him from walking long distances, was diagnosed in the 1980s

  • just like they did last year, and the year before that, and the year before that.

    Not a new trend at all. Even the actual retail sales numbers from this quarter show "brick and mortar" sales are FLAT to DOWN.

    The fact people do research on-line is meaningless. Doing research and taking business away from on-line retailers is two completely different issues. It's just not translating into actual sales the same way the "I went to the stores and they were 10 deep at the registers" is by most metrics and studies ABSOLUTELY MEANINGLESS

  • Reply to

    Webrooming.

    by byetwoholed Aug 18, 2014 3:40 PM
    tngenchek tngenchek Aug 18, 2014 7:40 PM Flag

    Mr. Byetwoholed needs another hole, the one in his head is leaking ! While I don't believe on-line will ever completely replace "brick and mortar" the problem du jour is "Showrooming" not "Webrooming". All retail stores, traffic counts and demographics bear this out.
    ----------------
    According to the WSJ shopper traffic has fallen by 5% or more in every month (except for April 2014) during the last two years.

    Shoppers Are Fleeing Physical Stores....Shift to Online Sales Is Prompting Retailers to Scale Back More Store Openings

  • Reply to

    Interest(ing)

    by messnervan Aug 18, 2014 11:25 AM
    tngenchek tngenchek Aug 18, 2014 12:34 PM Flag

    Funny how interest growth is almost equal to the amount of the SSS increase last quarter.

ZUMZ
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