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Thomas Renna

 
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  • Danger: Titan Machinery Bond Hits All-Time Low [View article]
    Correct, that what it says in agreement.

    According to 10Q filed this week the company has net income of $690,000 for trailing twelve months for period ending July 31,2014
    Sep 12 01:54 PM | Likes Like |Link to Comment
  • 3 Massively Overvalued Companies Which Could Be Great Shorts [View article]
    thanks Paul.

    The reason I shared the link is because Its a tough market to find short candidates to hedge long portfolios. I was attracted to this article because I am constantly seeking alpha. (so I shared a top alpha trade over the last 17 months.)

    I figured some other readers of this article may have ended up reading this article for the same reason I showed up here.

    So I was simply sharing a another short idea that is worth looking into.
    Even if someone isn't interested in the idea they may read the link I shared and see an example of the due diligence process that can be applied to a stock analysis.

    Have a great day
    Sep 7 05:35 AM | 3 Likes Like |Link to Comment
  • Danger: Titan Machinery Bond Hits All-Time Low [View article]
    http://bit.ly/1rPQH6A
    Sep 5 09:32 AM | Likes Like |Link to Comment
  • 3 Massively Overvalued Companies Which Could Be Great Shorts [View article]
    Problem is in a bull market all boats are lifted. Here's a stock that is down 40% since April vs. a 9% gain in the S&P500 index.

    http://bit.ly/1rPQH6A
    Sep 5 09:31 AM | 1 Like Like |Link to Comment
  • WellPoint Leads 20 Best Value Bond Trades With Maturities Of 1 To 5 Years [View article]
    much appreciated. thanks so much. that's very kind of you

    tom
    Aug 30 02:34 PM | Likes Like |Link to Comment
  • WellPoint Leads 20 Best Value Bond Trades With Maturities Of 1 To 5 Years [View article]
    thanks Donald. the company is called titan machinery. here's the particulars from morningstar.

    http://bit.ly/1qcXaBE%25+|+Maturity%3a2019&...
    Aug 29 06:17 PM | Likes Like |Link to Comment
  • WellPoint Leads 20 Best Value Bond Trades With Maturities Of 1 To 5 Years [View article]
    great stats.

    I am searching for the ranking on this little fellow ..a risky Bond (2019) that hit an all time low today. $77.50 with a 9.87% yield

    http://bit.ly/1ll1Fhi
    Aug 29 11:43 AM | Likes Like |Link to Comment
  • Avoid This 9%+ Yield [View article]
    agreed. here's another risky Bond (2019) one that hit an all time low today. $77.50 with a 9.87% yield

    http://bit.ly/1ll1Fhi
    Aug 29 11:41 AM | Likes Like |Link to Comment
  • Danger: Titan Machinery Bond Hits All-Time Low [View article]
    $TITN BOND trades at NEW all time low this morning $77.50 yield 9.87%. Investors n Traders of common stock should pay attention to bond mkt
    Aug 29 09:55 AM | Likes Like |Link to Comment
  • Danger: Titan Machinery Bond Hits All-Time Low [View article]
    $TITN BOND trades at NEW all time low this morning $77.50 yield 9.87%. Investors n Traders of common stock should pay attention to bond market
    Aug 29 09:54 AM | Likes Like |Link to Comment
  • Danger: Titan Machinery Bond Hits All-Time Low [View article]
    oops, i made a typo in above comment.

    Net Income for Trailing Twelve Months ending April 30,2014 was $5.07 million.
    SO at a $262 million market capitalization shares are trading at a PE multiple of 52 times earnings ttm.

    A 52 PE is quite high for a business that had earnings decline 79% year over year.
    Aug 28 09:21 AM | Likes Like |Link to Comment
  • Danger: Titan Machinery Bond Hits All-Time Low [View article]
    I'm obviously bearish this ticker, but since you're bullish and think shares are going higher you can take advantage of these price levels at $12.50. (shares are even lower this afternoon.) I have no idea what the catalyst would be for shares going higher. According to the company's most recent SEC filing Q1, the trailing twelve months ending April 30, 2014 , the company had a mere $8 million in net income. Buying shares here at a $262 million market capitalization is pretty rich. That's a price to earnings multiple of 32 for ttm.
    That is a high multiple for a company when earnings decline over 60% yoy.

    I appreciate you pointing out that I only deal with the facts, I pride myself on being 100% objective.

    As far as scaring sheep? I don't think sheep that are selling, I believe its institutional selling. The stock has traded nearly 1/2 million shares already today and there are still 3 hours in the trading day. 85% of shares outstanding are held by institutions, so I doubt this is retail selling.
    (BTW, if the sheep are selling, I am doing them a favor by warning them.)

    http://bit.ly/YXuXJ9

    This stock is not only poor based on fundamentals, but if you look at it technically, its an even bigger train wreck. A top technical analyst , Greg Harmon , shared this chart with his readers on StockTwits recently.

    http://bit.ly/YXuXZr

    note: there are NO Guarantees in the Equities Market.
    Aug 27 01:14 PM | Likes Like |Link to Comment
  • Is Starbucks Over Caffeinated At These Levels? [View article]
    #bullish

    Starbucks (NASDAQ: SBUX) reported poor cash flow from operations for the 9 month period ending June 30,2014. A closer look into the 3rd quarter 10Q reveals cash flow was actually robust but was negativity effected by the Kraft litigation.

    Cash Flow from Operations:
    FY2013 nine months: $2.03 billion

    FY2014 nine months : ($133 million)

    from 1st quarter 10Q: (page 28)

    Cash used by operating activities was $1.4 billion for the first quarter of fiscal 2014, compared to cash provided by operating activities of $1.1 billion for the same period in fiscal 2013. The decrease was driven by the first quarter payment of $2.8 billion for the Kraft arbitration matter discussed above. This was partially offset by cash provided by operating activities of $1.4 billion resulting from increased earnings and improvements in working capital accounts.

    http://bit.ly/XCtB5W
    Aug 21 07:35 AM | 1 Like Like |Link to Comment
  • Fonar Carries Substantial Risks And Provides No Upside For The Conservative Investor [View article]
    right LOL
    Aug 18 08:29 AM | Likes Like |Link to Comment
  • Fonar Carries Substantial Risks And Provides No Upside For The Conservative Investor [View article]
    Depends what the cost basis is and tax consequences to the investor.

    http://seekingalpha.co...
    Aug 16 11:34 AM | Likes Like |Link to Comment
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