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  • Update: Cynk Technology - Sensing Trouble, The Authorities Act (Sort Of) [View article]
    I think that this may be the new "pump and dump" scam, and I find it fascinating.

    Given the incredibly low volume that it took to pump this thing, I don't think too many invetors lost money on the buy side.

    I've got a gut that the only people who got killed where the short sellers. 73% of the stock is held by one guy, so he could buy/sell to himself to pump up the price. And even though this pig touched $20, remember, it was less then $0.10 even a few months ago. Even hitting $2 a few weeks ago would have seemed incredibly overbought and "no way" could it go any higher, thus luring in the short sellers.

    The majority shareholder didn't sell his shares and as the price went up and margin calles were triggered, all the shorties were forced to cover. It's actually quite brilliant. The SEC was extremely slow to act, because who cares if shorts get hurt, right?

    I wonder if we'll see this again......the old P n D model was beef up the price by marketing it, and then dumping the shares onto retail guys. This new one seems to be beef up the price to ENTICE short sellers, basically giving them a carrot they couldn't resist. The old P n D guys would say "look at this stock, it's the next big thing, it's going TO THE MOON!". The new P n D guys say "look at this stock......it's gone up 1000% in a few weeks and it's got NO ASSETS and NO REVENUES! Short this thing, it's going to ZERO!!!"

    And of course they're right, it will go to zero. But not before they crush the shorts and they make a ton of cash.
    Jul 13 09:59 AM | 1 Like Like |Link to Comment
  • Update: Cynk Technology - Sensing Trouble, The Authorities Act (Sort Of) [View article]
    Has anyone read the actual website? It's truly hilarious. In the blurb for the $1500 public speaking course, it says this:

    " ALL GURUS HAVE ONE POWER POSITION TRICK IN COMMON:

    THEY GIVE TALKS! - MANY and Often. "

    Truly earth shattering insight. Then there's this:

    " Giving a public speech or talk is probably the quickest way to gain INSTANT credibility and AUTHORITY while gaining SOCIAL PROOF- simultaneously!

    When ANYONE talks on stage- people go into passive receptivity and listen. They GIVE the speaker authority and attribute special abilities to them ...even if they on't like them.

    Just ONE public speech can give you all this and more for a lifetime.
    Just take pictures and or record the speech of you in front of an audience then use that in ALL your marketing materials- forever! "

    Like, it's simply a Nigerian bank scam but with (slightly) better grammar.
    Jul 11 04:05 PM | 1 Like Like |Link to Comment
  • Starbucks Is A Sell [View article]
    Then this article is not as relevent to you. Most people who are in SBUX at this point did not get in so early.
    May 25 08:56 AM | Likes Like |Link to Comment
  • Starbucks Is A Sell [View article]
    Of course I'm short. I'm short a lot of things in this market.

    Why do you say it like it's a dirty word that one would be ashamed of admitting?
    May 24 10:57 AM | Likes Like |Link to Comment
  • Starbucks Is A Sell [View article]
    At any price?

    With that strategy, you won't need anyone telling you to "get out of the market"

    you'll get yourself out quick, fast and i a hurry. You seem to lack the most basic of security analysis skills.
    May 24 10:30 AM | Likes Like |Link to Comment
  • Starbucks Is A Sell [View article]
    If Starbucks had a patent on coffee, I'd agree with you.

    And again, you're making the rookie mistake of confusing the company with the stock price. The company is a great one, well run and with a bright future. That doesn't mean it's a buy at any price.

    As a quick example, the iphone 5S is a fantastic, well engineered phone. At $300, it's a great deal. At $1000, it's a crappy deal, even though the phone itself is the exact same in both situations.

    SBUX is a great company at a highly overvalued stock price. Buying it now is like buying an iphone for $1000. You'll own a quality asset, but you paid way too much for it.
    May 24 10:28 AM | Likes Like |Link to Comment
  • Tesla: Were The Shorts Right? [View article]
    Boy, you can say that again!
    May 12 04:15 PM | 2 Likes Like |Link to Comment
  • Why Starbucks Is Heading To $80 [View article]
    "irrelevent" they'll tell you...."SBUX is fully hedged!!!!!"

    Which they clearly aren't if you look deeper then the CEO's statements. Most "investors" have no clue how to do due dilligence, however.
    Apr 24 03:41 PM | 1 Like Like |Link to Comment
  • Why Starbucks Is Heading To $80 [View article]
    Yeah, that forward guidance for 2015 has no prayer of being reached, considering the robust margins SBUX projects......with milk and coffe both at multiyear highs, those margins are not going to happen.

    In fact, I'd say in about 30 minutes will begin the start of SBUX's revising forward guidance, which should continue every quarter for some time.

    Short at the bell for a quick buck.
    Apr 24 03:39 PM | Likes Like |Link to Comment
  • Starbucks Is A Sell [View article]
    Falling tide is going to sink all boats for the next 6 months. Just about every stock can be had lower later.

    I still think earnings are going to disappoint, and margins are going to be affected. Most importantly, forward guidance is going to be worse then previously porjected.
    Apr 13 10:12 AM | Likes Like |Link to Comment
  • Starbucks Is A Sell [View article]
    Commodities don't trade like that. There is no bulk discount when buying coffee. Or gold, or oil, or any other global commodity.

    In any case, the wording is clear. They had better margins due to lower coffee prices. They did not say "We've got great margins because we locked in a low price months ago"
    Apr 4 06:06 PM | Likes Like |Link to Comment
  • EPS Growth To Power Market 15-20% Higher? [View article]
    You can't keep expanding mulitples forever. Even a "mild" expansion is not likely if you're already at absurd multiple levels.

    And you're analysis would be accurate if stocks were more or less at fair value right now. But they are only at their sky high prices directly as a result of Fed intervention. Now that stimulus is being withdrawn, stocks will probably correct down to fair value (who knows where that is, but it's at least 15-20% below where we are). Once that is done, fundamentals will again take over.

    But fundamentals are not driving the price right now.
    Mar 27 04:33 PM | 2 Likes Like |Link to Comment
  • Momentum Stock Bust Is Self-Reinforcing [View article]
    Great analysis here
    Mar 27 10:20 AM | 2 Likes Like |Link to Comment
  • Starbucks Is A Sell [View article]
    I posted sources in the article, did you not read them?

    The CFO said categorically "we are not hedged at all for 2015" just a few months ago.

    And I provided numerous pieces of evidence showing they are not fully hedged. The fact that they claimed in recent quarterly reports that low coffee prices helped margins is pretty clear. If they were hedged, lower prices would not help margins at all, because THEY WOULD BE HEDGED. I.e. locked in at a specific price.
    Mar 26 06:35 PM | Likes Like |Link to Comment
  • Starbucks Is A Sell [View article]
    definitely not. They wouldn't be able to hedge at prices that were lower then the spot market, obviously.

    They did not hedge at market lows.
    Mar 26 06:34 PM | Likes Like |Link to Comment
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