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Joseph Poma  

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  • Confirmed: Altice to buy Cablevision for $17.7B [View news story]
    So anyone taking advantage of the nice spread between current market price and offer price? looking at a 2 point spread ~6% difference. How long till this deal official closes and CVC owners are cashed out?
    Sep 17, 2015. 01:15 PM | 1 Like Like |Link to Comment
  • Aeropostale: Rounding The Corner? - Part 3: Shopping Bags Tell The Tale [View article]
    The only corner ARO is rounding is the one that leads to the lawyers office where they will prepare documents to file for bankruptcy. This company is discounting at an absurd rate and they still struggle to draw in customers ( in spite of the authors "evidence"). The design team should be fired for their lack of originality, how do you expect to draw customers when you sell t-shirts when you can find identical/similar designs on a Kohl's clearance rack...
    Aug 29, 2015. 02:39 PM | Likes Like |Link to Comment
  • American Eagle Outfitters- The Turnaround Is Largely Priced In [View article]
    "While management talked about a solid performance of online and digital sales on the conference call, these claims were unfortunately not backed up by real numbers. The company's claim to recover gross margins to levels in the high-thirties seems very aggressive in my eyes, as I do not think that this is very realistic given the competitive environment."

    I'd like to comment on this paragraph (2 sentences).

    First, I can say first had that the company has in fact seen strong online sales. The company began two online initiatives in 2015, both being well received. The first is direct fulfillment from the store level to customers versus shipping stock back to warehouses / discount stores. This was a trial program with a few stores at the beginning of the year however has expanded to all stores given its success.

    The second is the company's most recent success with the roll out of a initiative that allows prospective customers to "reserve" clothes online for when they have time to go to the store and try them on. Customers have embraced this new opportunity and while these are not technically online sales, they are helping to drive traffic to the stores.

    These are not "I think" statements. These are "I know" statements because I have several contacts at the store level.

    The success of these programs coupled with the fact that the company is no longer aggressively discounting to drive traffic will result in a strong Q3, headlined by improved margins.
    Aug 29, 2015. 02:26 PM | Likes Like |Link to Comment
  • Now Is The Time To Buy Twitter [View article]
    Twitter will forever live in the shadow of Facebook. It fails to attract older, more consistent users. New features will enhance its product, but it does nothing to grow the user base. Don't waste your time, Long FB is the trade to be in. I even prefer LNKD over TWTR
    Jul 29, 2015. 03:10 PM | 2 Likes Like |Link to Comment
  • A Holiday Winner In Dick's Sporting Goods [View article]
    I'm certainly not discounting other factors influencing demand, just pointing out a correlation.
    Jan 8, 2015. 08:24 AM | Likes Like |Link to Comment
  • Facebook Is An Economic Castle Protected By An Unbreachable Moat [View article]
    Yeah.......I've heard that bear thesis before.... when FB was $28/share.
    Dec 23, 2014. 07:33 PM | 6 Likes Like |Link to Comment
  • Ford: $24 Is Within Reach [View article]

    Forgive me but I'm calling you out. You've been bearish on F for a long time now and you are clearly either short the stock, own puts, or just a GM / TM fanatic. Going back through the pages of comments (I stopped after page 33), you've been making bearish comments on F since at least the beginning of April and in that time the stock has traded from low $15 to mid $17, an approximate 14% return while the S&P 500 has only returned about 7%. The fact that you continue to make bearish calls only continues to support the bull thesis. Please let me know when you turn to a bull on F so I know when to sell my stock because I've got a feeling you make an excellent contrarian indicator!

    P.S. - If you've seen recent reports, Lincoln is in the midst of a revival of its brand. Certainly not the type of product line that should be sold off. While Mulally was a financial whizz, he wasn't perfect and his conservative cost cutting approach could have easily led him to misjudge the Lincoln brand.
    Jul 30, 2014. 01:41 AM | 3 Likes Like |Link to Comment
  • Ford: $24 Is Within Reach [View article]
    forget the meaningless dividend?! At ~3% Ford is a great stock to have in a retirement portfolio with growth potential to boot. The company has proven its ability to withstand financial hardship and you can be sure the new management team will hold tightly to the lessons learned under Mulally. Not to mention, buying the stock now and locking in a sub-$18 price will put you in a great position for next quarter when I anticipate the company raising their dividend to $0.60 (20% div. growth).
    Jul 30, 2014. 01:28 AM | 3 Likes Like |Link to Comment
  • Verizon beats by $0.01, beats on revenue [View news story]

    There is no way any company is going to pay down debt in this low interest rate environment, now is the time to be taking on new debts and refinancing as we've seen them do recently with long dated notes. Too many people see debt as an evil, but you have to consider not just the costs but what is received in turn. VZ is borrowing at just 200 basis points above treasury notes. At that rate it is very easy for the company to find profitable net present value projects and investments. At recent rates, borrowing to buy back stock is even a positive investment. The stock yields just over 4%. VZ could issue debt for less than that over a short duration and buyback shares with the proceeds. They would also benefit from favorable tax treatment on the payment of interest on the bonds. So, in short, don't expect the company to pay down debts unless it is to refinance, and there is absolutely no way the company would trim its dividend!
    Jul 30, 2014. 01:19 AM | Likes Like |Link to Comment
  • Will Herbalife Earnings Be The Final Nail In The Coffin For Short Sellers? [View article]
    You think it was on bloomberg TV... which means you actually have no flipping clue...

    To be honest, I have no position but love watching you bulls and bears get all up in arms... can't wait for the bloodbath when one side finally comes out victorious.

    At that time I will then also be appreciative of the fewer notifications regarding HLF news!
    Jul 27, 2014. 06:50 PM | 3 Likes Like |Link to Comment
  • Will Herbalife Earnings Be The Final Nail In The Coffin For Short Sellers? [View article]
    First off, once any news regarding Herbalife's situation is released, NO ONE will be able to trade it because any nitwit would know that the stock would be halted. Also, your excessive bearishness is absurd. Even the most extreme of bears knows there should be a limit to their position size. Your ridiculous and incessant bantering about desiring more and more shares to short makes you sound like a child and someone who really doesn't have a position at all.
    Jul 27, 2014. 06:46 PM | 4 Likes Like |Link to Comment
  • BofA ups mortgage settlement ante [View news story]
    Not doing due diligence? Are you serious? At a time of crisis when literally HOURS remained before financial crisis? The government breathed down the necks of bank executives to force their hands to avoid a complete financial meltdown, and then turns around suing those same banks when citizens claim fraud. Please. While these banks likely also committed the same transgressions, is it fair to ruthlessly punish them for the errs of others?

    IMHO gov't officials are acting as goons. The stories I've heard from some friends in the D.A.'s office... political figures have called in left and right making a claim for an additional Billion etc. At this point, I hope BAC goes to court because anything over $13B is just a shakedown by the gov't to make it look right in the eyes of the people.
    Jul 16, 2014. 06:11 PM | 5 Likes Like |Link to Comment
  • The morning after: Futures little-changed [View news story]
    uh... -9.00 on the S&P futures is flat? SA you might want to update...
    Apr 11, 2014. 08:44 AM | Likes Like |Link to Comment
  • 3D Systems: On The Road To Fair Value [View article]
    Gladly, you're drunk on all the 3D hype that has been fed to you.
    Mar 13, 2014. 10:18 PM | 1 Like Like |Link to Comment
  • 3D Systems: On The Road To Fair Value [View article]
    Have you fallen off your rocker???
    Mar 13, 2014. 11:07 AM | Likes Like |Link to Comment