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bigvee49

bigvee49
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  • American Realty upsizes secondary [View news story]
    Shares are up pre market w over 15 miiion shares traded?
    May 22, 2014. 10:18 AM | Likes Like |Link to Comment
  • Biglari calls for sale of Cracker Barrel [View news story]
    Biglari....Sell,Sell,Sell ......in fact being that its Xmas why not give us your shares? Love this company
    Dec 24, 2013. 09:40 AM | Likes Like |Link to Comment
  • Is Opko Health A House Of Cards? [View article]
    Don't Panic! Be Happy!!! If you truly believe in Dr. Frost and this company ..... than buy! buy! buy!. With the stock having moved, from $8.25 to 12.95 a share in just 2 months, profit taking is a given and fundamentally need, for future price appreciation. Yes, Weighing Machine is a short seller of OPK, so stated at in the article, and knows how/when to trash a stock, forcing weak hands to sell. Myself, I'm a buyer from $3.50 up an thank Weighing Machine for this new opportunity.........After all, how many stocks can you buy with someone like Dr Frost at your back.
    Oct 21, 2013. 10:04 AM | Likes Like |Link to Comment
  • Darden Restaurants: Patience Will Be Rewarded [View article]
    Yep! Darden management handled the politics of the Affordable Care Act quite well, when they came out along with Papa John’s an announced that they will cut workers' hours to avoid the health insurance mandate of Obamacare. This was a year before the law was even going to take effect. Great company to work for?

    Oct 23, 2012

    Letters: Darden restaurants serve up fear regarding Obamacare

    By Post readers
    Papa John’s has company in the Obamacare fear mongering game. Darden Restaurants, parent company of Olive Garden, Red Lobster and others, is joining the pizza chain in threatening dire consequences from the requirement that large companies offer affordable health insurance to employees working 30 or more hours a week (“Chains to skirt health law by using more part-timers.”)
    But where Papa John’s has threatened to pass along to customers the 11- to 14-cent per-pizza cost it claims will come from insuring workers, Darden is planning to make sure workers just don’t get the 30 hours a week that would qualify them for insurance. The chain already keeps 75 percent of its hourly workers below 30 hours a week, and Darden has been aggressively keeping labor costs down. Labor costs as a percentage of sales have dropped from 33.1 percent in fiscal 2010 to 30.8 percent in the most recent quarter.
    What we have here is not some Obamacare cataclysm — good employers being forced to cut their employees’ hours or go out of business. Rather, it’s a food service sweatshop finding one more way to punish its workers. Darden is one of the 20 largest low-wage employers in the country; meanwhile, it has higher revenues, profits, operating margins and cash holdings than prior to the recession.
    It’s a sad fact that almost any time you’re eating in a restaurant, you’re in a low-wage, low-benefits workplace. That Darden would use Obamacare as an excuse to cut the hours of the few remaining full-time hourly workers in an overwhelmingly part-time workforce is hardly a surprise. Yet the CEO of Darden in 2011 received $11.5 million in compensation, which is equivalent to 585 workers’ salaries.
    ROBERT REGA
    Sep 6, 2013. 10:10 AM | 1 Like Like |Link to Comment
  • A strong early start to the holiday shopping season looks to be a bright spot for the stock market, but both could soon stall if lawmakers don't make progress on the “fiscal cliff” when they return in the coming week. Despite the promises of congressional leaders and the President to reach a compromise, many on Wall Street are betting Washington will revert to its old self-destructive ways before any deal is reached - and that could easily upset the stock market, as well as holiday shoppers, particularly those at the high end. [View news story]
    Well said bgold! If we can rise above the partisan politics, letting Politicians' divided us, there is no limit to what can be achieved. I also welcome the many Holiday shoppers, as they are the true job creators.
    Nov 24, 2012. 03:12 PM | Likes Like |Link to Comment
  • Obamacare Leads To Lower Unemployment? [View article]
    Not sure about your theory here, as casual and fast food restaurants, such as Darden Restaurants (DRI), Papa John's Pizza (PZZA) are highly dependent on part time labor.... Due to the unpredictable flow of customers......and the flexibility needed in controlling labor cost, in order to maximize operating margins. Most employees, in this industry, are paid less than minimum wage and depended on gratuities as compensation for the difference.

    Papa John's restaurants are mostly owner franchised and would not be subject too... The Affordable Care Act (Obamacare).

    IMHO I don't think this will happen.
    Nov 13, 2012. 12:27 AM | Likes Like |Link to Comment
  • Former President Bill Clinton thinks the U.S. economy is already in a recession and urges Congress to extend all the tax cuts due to expire at the end of the year. "What I think we need to do is find some way to avoid the fiscal cliff, to avoid doing anything that would contract the economy now," Clinton says, "Then deal with what's necessary in the long term debt-reduction plans as soon as they can, which presumably would be after the election."  [View news story]
    Bozerdog.....I agree... Don't raise taxes on the Rich or upper 1%... just lower or make the effective tax rate for the lower 99% (Middle Class etc.) equal to that of the upper 1%. This would put more $$$ in the pockets of Americans that actually buy the goods and services available.....This raise in demand for Goods and Services, should result in: more JOBS, higher tax revenues for Federal, State, and Local Governments (Due to increase in Net Business Revenues, Labor force withholdings and Sales Tax revenues), and a reduction in unemployment and other related labor cost at the State and Federal level. This additional revenue should be used to reduce DEBT, etc. Wow!! what else ???
    Bottom line........The lower 99% are the real job creators...Living the American dream.... The upper 1%.... invest in that dream, whatever it may be.....The Wealth Creators. 
    We are all Americans and together. 1% + 99% we can make it work; Politics sees otherwise!
    Jun 6, 2012. 02:52 PM | Likes Like |Link to Comment
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