Comments on Brandon Jentzen's articles RSS Syndication from SeekingAlpha.com http://seekingalpha.com/author/brandon-jentzen/articles http://seekingalpha.com/article/128206-true-religion-overreaction-on-wall-street?source=feed#comment-693707 693707 Mon, 28 Sep 2009 01:59:44 -0400 http://seekingalpha.com/article/128206-true-religion-overreaction-on-wall-street?source=feed#comment-443671 443671 Sat, 28 Mar 2009 20:02:05 -0400
hey, SWHC was given a nearly F rating and look where it's gone. 160+per cent ytd. (sorry, not endorsing it, my kid and g/f made me sell my swhc stock even though it was "killing" at 20 percent a week...) We need to develop a little morality here. Buying ripped up pants at 300 bucks is even more stupid than buying guns 'cause Obama got elected. At least the guns will hold some value for awhile even though a lot of evil there. Paying that sort of price for "jeans' just seems lame. ]]> http://seekingalpha.com/article/128206-true-religion-overreaction-on-wall-street?source=feed#comment-443544 443544 Sat, 28 Mar 2009 15:28:10 -0400
It's great that they can finance their expansion out of free cash flow, but haven't you seen this story before? That's your money, going to opening stores rather than paying you dividends. Do you think this management is different from every other retail management in history and won't over-expand in pursuit of yearly growth, cash out their options at the top, and then leave you holding the bag?

Retail businesses can be a cash cow at the right size, but when I see a beaten-up retail stock of a company selling overpriced goods that is expanding massively into a recession, I stay away. Hate to think about what happens to this company when they have to start discounting to move inventory and keep up sales.

Retail stocks can be nice for smart traders because lost souls following Peter Lynch like to buy what they know all the way up - of course people who buy $200 jeans probably don't know a lot about how to value a stock. If you want to try to trade the momentum swings, go for it. But don't tell us it's some great value find. Unloved retail stocks don't have the same potential as unloved industrials to bounce back cyclically - they need the consumer love and the market love because their competitive advantage is nothing more than marketing/brand image. ]]> http://seekingalpha.com/article/128206-true-religion-overreaction-on-wall-street?source=feed#comment-442973 442973 Fri, 27 Mar 2009 18:59:27 -0400 I'm constantly looking for company specific bad news and can't find it (the economy is another matter). They're becoming more than just jeans, more of a brand; if this is a real Bull upturn, stocks like this will lead the expansion of multiples. When it was $8-9 I was looking to buy more but had no free cash as I had loaded up on BAC and UYG.]]> http://seekingalpha.com/article/128206-true-religion-overreaction-on-wall-street?source=feed#comment-442870 442870 Fri, 27 Mar 2009 16:24:27 -0400 http://seekingalpha.com/article/128206-true-religion-overreaction-on-wall-street?source=feed#comment-442798 442798 Fri, 27 Mar 2009 14:59:06 -0400 ]]> http://seekingalpha.com/article/128206-true-religion-overreaction-on-wall-street?source=feed#comment-442749 442749 Fri, 27 Mar 2009 14:33:03 -0400 ]]> http://seekingalpha.com/article/128206-true-religion-overreaction-on-wall-street?source=feed#comment-442106 442106 Fri, 27 Mar 2009 08:55:19 -0400
There are two important points that you failed to make, one positive and one negative:

On the positive side, True Religion is continuing its expansion as planned and paying for it out of cash flow. The effect on revenues and earnings, as the economy recovers, is going to be explosive.

On the negative side: fashion markets are fickle making them dangerous for investors.

Long TRLG]]> http://seekingalpha.com/article/128206-true-religion-overreaction-on-wall-street?source=feed#comment-442104 442104 Fri, 27 Mar 2009 08:55:02 -0400 http://seekingalpha.com/article/79710-true-religion-just-a-name?source=feed#comment-178854 178854 Tue, 03 Jun 2008 21:17:44 -0400