Fit is a good strategic fit for Nike, Apple, UA, Msft. I would not be surprised to see it acquired before long.
Never ever short a stock with this large a short position. You have a better chance of getting out of a movie theater on fire than getting out of a short position like this without getting badly burned.
Writedowns were only for policies currently active written before 1996. It does not cover the policies written after 1996.
and cash is going down $5 million a quarter and there's only $5 million left. The company will be in very perilous shape if they try the secondary again and it fails again. Then who knows where the bottom will be.
Sentiment: Strong Sell
With the very slow growth in the economy and employment, companies won't need additional offices. MLHR is probably one quarter behind the rest of the economy in turning down. Aside from the US, I see Europe and China also slowing.
Given the high PE ratio, I am selling here to take advantage of the run-up.
I think you are on to something - people who saved up all those years and invested conservatively in money market funds or CDs have had their incomes WIPED OUT.
Channel is probably full again. I expect their forecast for next quarter to be disappointing.
Gas prices are up and the economy has not had a big enough improvement to make people want to go out and buy large RVs.
1. They've lost their job.
2. They are worried about losing their job.
3. They made a ton of money on their house sale and don't know what else to do with it.
4. They have made so much money in the stock market.
5. They figure their kids don't need to go to college to get a job.
6. Gas is so cheap now.
7. 'Bama wants people to buy 'Bagos as part of his energy plan.
I sold short at $15 a few months ago. People who have been saying you got to buy this stock because of retiring boomers are out to lunch. There was restocking in the dealerships and that's about it. Sorry.
property. That's why you can't use the FFO metric, which to make any sense assumes property values will keep rising or at least stay the same.
PDM tries to act like this is an extraordinary charge which should be ignored - but hey they are a real estate company and buying and selling properties is a key part of what they do. What if HP classified a special charge for a decline in PC prices? Ha, ha - they would be laughed off the call. Don't drink the FFO/special charge cool aid as it will tear your stomach up when you lie awake worrying about your losses.
Also, note on the call that the analysts seemed pretty concerned about the rollover lease rates in 2011.
Orders from dealers: 1142 Shipments to dealers: 1366
Backlog fell this quarter from 1159 to 935.
They will take hit in coming quarters as dealers are now restocked.
Also this quarter showed a big contribution to earnings from a large tax credit.
Time to sell.