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maximumvalues

maximumvalues
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  • Earnings Preview: Chipotle Q3 2014 [View article]
    STEP RIGHT UP ... join the circus ... $13 MILLION buys you a restaurant that serves up semi-fast food. How much do you need to pony up to open a restaurant the same size under your own flag? $300,000? What a ridiculous valuation per location if your numbers are right.
    Oct 19 12:26 AM | Likes Like |Link to Comment
  • The Fun Can't Last Forever At Cedar Fair, L.P. [View article]
    You cited this financial health grade to me months ago. I think these grades are rear view mirror way of looking at things and very dangerous. AS investors/traders we must use tools to look forward. PALM had a great debt rating until it didn't ... now it is gone! I was short PALM when it had a good debt rating because the weekly chart looked like FUN's
    Oct 18 11:22 PM | Likes Like |Link to Comment
  • The Fun Can't Last Forever At Cedar Fair, L.P. [View article]
    HERE IS MY INSTABLOG posted SELL SELL SELL $51.67 I'm saying we see $36 by DECEMBER and maybe earnings will the catalyst. My initial target was $41 but based on the current pattern and the technicals on Bollinger Band theory... it is going lower. http://bit.ly/ZAl3N9
    Oct 18 11:19 PM | Likes Like |Link to Comment
  • The Fun Can't Last Forever At Cedar Fair, L.P. [View article]
    They just re-financed DEBT and the market cheered this on like it was a new beginning for the company. I watch price action. Pull up a WEEKLY chart of FUN and look at the beginning of JUNE where we see a pattern called RAIL track reversal. This is also known as distribution where large holders sell a "BAD STORY" stock on a "GOOD STORY" week. However, this is clearly not a good story or the stock would have kept marching higher and we would never see a 6% YIELD.

    I shorted FUN $51.67 ... looking for $36.
    Oct 18 11:15 PM | 1 Like Like |Link to Comment
  • Market Meltdown Faced With Aplomb By Retirees Bolstered By Dividends [View article]
    HERE IS an opposing view that matches mine. I said sell this FUN at $51.67 and did so myself with the purchase of the $45 DEC PUTS. Puts limit the risk if you are wrong. Being short a stock that gaps up can really ruin your day:)

    I'm not a naysayer on everything...

    http://seekingalpha.co...

    http://bit.ly/ZAl3N9

    Rich Young.
    Oct 18 11:00 PM | Likes Like |Link to Comment
  • The Fun Can't Last Forever At Cedar Fair, L.P. [View article]
    AGREE ... take a look at my instablog where I reported this a strong sell and went short through PUTS .. my target was $40 at that time. My revised target is now $36 or lower.

    http://bit.ly/ZAl3N9
    back when the stock was $51.67

    Good luck trading!
    Oct 18 10:56 PM | Likes Like |Link to Comment
  • Could Chipotle Pull A Netflix This Monday And Tank? [View article]
    SELLING OPTIONS is a very very dangerous game! Look at how Mr. Cuban was scrambling for cover after selling NFLX puts. He had to take time out of his day, call cnbc, beg people to buy up the shares lol. If you sell any options I would buy one strike and sell the next to keep your losses to a minimum but limit your gains. I'm much happier buying the premium weeks ahead of earnings following a previous chart pattern and enjoying a double up into earnings and therefore likely to lose little if wrong.
    Oct 18 10:49 PM | 1 Like Like |Link to Comment
  • Market Meltdown Faced With Aplomb By Retirees Bolstered By Dividends [View article]
    FUN earnings are on NOV 6
    HSE earnings come out next week

    So, let us see how investors react to each. Hopefully they both report well despite me being short one and long the other. I hate to see any company do poorly despite my belief it will.

    Good luck trading!
    Oct 18 10:46 PM | Likes Like |Link to Comment
  • Market Meltdown Faced With Aplomb By Retirees Bolstered By Dividends [View article]
    Take a closer look. I have a B.Comm and can read the details of earnings and balance sheets. HSE rewards shareholders by paying what it can afford and growing the company. FUN grows the company and pulls the wool over the heads of investors with debt! This is a very very dangerous game with a company that sees its business shrinking.
    Oct 18 10:25 PM | Likes Like |Link to Comment
  • Market Meltdown Faced With Aplomb By Retirees Bolstered By Dividends [View article]
    IM long HSE.TO from a few days ago. Almost the same yield. Not a bubble stock. Boring upstream energy. Thing people must use Oil and Gas. Short popcorn and puking. Would not be surprised to see FUN gone in a few years or at least seeking bankruptcy protection. FUN was $15 just a few years ago! HSE.TO was $20 at the floor but has a strong balance sheet comparative. True, this is what makes a market. I was short PALM almost to zero while I read post after post saying it was cheap.
    Oct 18 08:11 PM | Likes Like |Link to Comment
  • Analysis: Restaurant traffic a long-term concern [View news story]
    IM SHORT ... EAT DAVE CAKE and CMG ... I'm also not eating out as much anymore as our family feels we are much better buying a top end steak at Costco and cooking it ourselves and feeding the whole family for the cost of feeding one person at a restaurant. Also, one of our latest dining experience I witnessed my waiter picking his nose near the bar. I had to get up and ask the manager to go ask him to wash his hands. What do they do when you are not looking?

    As for forecasting years into the future, that is a joke. Disease scares and economy and more can change anything in weeks never mind years.

    Good luck trading!
    Oct 18 07:23 PM | Likes Like |Link to Comment
  • Market Meltdown Faced With Aplomb By Retirees Bolstered By Dividends [View article]
    FUN? Have you read the balance sheet on this one? How can anyone say FUN would be any FUN ... Im in PUTS and up very nicely as I believe FUN can not keep paying out what they are since they are paying it out with DEBT!

    Furthermore, I am a father of 2. We buy an annual pass to our local theme park. Cost $160 per year for the 4 of us. We spend around $50 or so during the whole season on fries and other small treats. Pack our own lunch. Groceries are so expensive these days we have little left to spend on FUN. This is the reality for today's family. The stock is down for a reason, less and less people can afford FUN.

    FUN charting... open stockcharts.com Choose WEEKLY chart for FUN. put up the SMA 13 and 52 ... Choose Bollinger BAND 26,2 RSI 13 MACD 13,26,9
    I have the chart in my instablog from when I entered OCT and DEC positions short through PUTS.

    Here are 2 key takeaways from the chart and why I'm still holding on. The lower Bollinger band contains price and a strong stock should bounce off this. FUN is riding it like its a slide. This is terrible. If the stock had any strength it would at least go sideways off this lower Bollinger band. Secondly, Look at the RSI13! During the uptrend the stock held the 50 MARK on this indicator. Notice in August it lost the 50 mark and never even attempted to regain it. This is very bad price action. Something is seriously wrong here for a stock to keep sliding like this.

    Stocks fall. The charts say they will fall. We don't find out why they fall until after those who were selling do. My feeling is some sad news will come out of FUN very soon that explains why it is getting no price support from anyone. We know that the company can't afford to support the stock price as they are too busy paying out a yield they can't afford because of the massive debt they are in.

    Good luck trading.

    PS. I know some retired folks. I've told them all to steer clear of FUN as they can buy a lot of other much healthier companies with slightly lower yields and sleep better at night.
    Oct 18 12:49 AM | Likes Like |Link to Comment
  • Netflix Costs Icahn Millions In Minutes [View article]
    ICAHN lost a lot less that Mr. Cuban I believe. Maybe he can let us know. Mr. Cuban sold PUTS ahead of earnings! and was buying up 50,000 shares of NFLX today to cover this position and, although a very busy dude, took the time to call CNBC. Clearly he lost a lot of money and is trying to cheerlead the stock higher to lower the pain.
    Oct 18 12:36 AM | Likes Like |Link to Comment
  • There Is Something In The 'D' Which Might Prompt Direct Competition [View article]
    the 52 WEEK SMA is $205 ... I'm looking for that at minimum. See what it does there.
    Oct 18 12:29 AM | Likes Like |Link to Comment
  • There Is Something In The 'D' Which Might Prompt Direct Competition [View article]
    If you owned TSLA shares at $280, you bought them there because you did not sell them. If I own something that I can sell but don't then I have forfeited the cash to do other things with, like buy the stock at $220 the other day. Where you buy has no relevance. Where you buy has relevance if you have the sense to sell when it is time to sell and buy back when it is time to do that. You, in a sense, bought at $29, sold at $280, bought back at $280 and failed to trade efficiently.

    Good luck trading!
    Oct 18 12:27 AM | Likes Like |Link to Comment
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