Skullcandy: The Shorts' Unfettered Greed And The Regulatory Environment That Breeds It [View article]
5% drop attributable to AAPL introduction of earpods...could be a massive blow to SKUL. wouldn't dismiss it just yet...considering going long SKUL if drops to 12s
Down 83% In 6 Months: Jaguar Mining Is Finally A Buy [View article]
any updated views here? been dropping ~10% on every bad tape...is bankruptcy realistic in near-term? would love to lower my cost basis but there doesn't seem to be a bottom in sight...
Digital Generation: A One Stop Shop Positioned To Be A Global Leader [View article]
bought several weeks ago after Bloomberg report (but before made very public on CNBC Fast Money) at $9.50. considering adding to my position significantly this week on a dip. Disagree with the Piper report as DGIT's financials seem to finally be on upward trajectory. Given a takeout at a 8-9x FY EBITDA multiple, we're talking a 80-100% premium over today's closing share price.
Down 83% In 6 Months: Jaguar Mining Is Finally A Buy [View article]
Bristol's letter to the Board is positive - happy to have an activist in this dire situation. JAG has been by a bunch of clowns but refuse to sell, as believe assets have some value (though not convinced worth anywhere close to Shandong original offer)
Jaguar Mining: An Activist Investor Waiting To Pounce [View article]
i can't say i'm shocked and disappointed in myself for pulling the trigger here. all precious metals mining stocks are trading at enormous discounts; why buy one whose cash costs are $1,000 and has extremely poor / volatile management in place? i guess hindsight is 20/20....
Jaguar Mining: An Activist Investor Waiting To Pounce [View article]
unsure but JAG reached new lows today, closing at $2.50, down over 6.5%. my only question is: why did Jaguar make an announcement anyway on April 11th, responding to the trading volume / market speculation? they're not under any fiduciary duty to do so (there's speculation in the market constantly...), so what could the impetus be?
Anybody who's been following JAG adding to his or her position? Quite a tanking recently...
2 Value Stocks Below $2 (Follow Up) [View article]
i view JMBA's situation as eerily close to that of Cosi. A few similarities: both have no debt, were once Wall Street consumer darlings but now out-of-favor and most importantly, have strong underlying products but just run horribly. Weak management, poor franchisees, rapid expansion and high COGS have been plaguing their bottom lines.
Fortunately, both are also similar in that they are quickly reducing costs, which has led to decreasing operating losses. Continued increases in same-store sales will likely bring both companies back to profitability in the short-term (next year or so). So why COSI over JMBA? At Cosi's helm is Stutz, a renowned restaurant executive, and Blum (turned around Burger King) as an activist shareholder / hired consultant (with $4-5mm in shares) to facilitate the recovery. Further, Cosi is a natural acquisition target for Panera who fortuitously boasts no debt and $200mm in cash; thus, an acquisition is very feasible.
Yale Bock, welcome your thoughts on this comparison.
Jamba: Stick To The Smoothies, Skip The Stock [View article]
i view JMBA's situation as eerily close to that of Cosi. A few similarities: both have no debt, were once Wall Street consumer darlings but now out-of-favor and most importantly, have strong underlying products but just run horribly. Weak management, poor franchisees, rapid expansion and high COGS have been plaguing their bottom lines.
Fortunately, both are also similar in that they are quickly reducing costs, which has led to decreasing operating losses. Continued increases in same-store sales will likely bring both companies back to profitability in the short-term (next year or so). So why COSI over JMBA? At Cosi's helm is Stutz, a renowned restaurant executive, and Blum (turned around Burger King) as an activist shareholder / hired consultant (with $4-5mm in shares) to facilitate the recovery. Further, Cosi is a natural acquisition target for Panera who fortuitously boasts no debt and $200mm in cash; thus, an acquisition is very feasible.
Speculation Heats Up For A Panera Buyout Of COSI [View article]
i am also long on Cosi and have continued to add to my position recently. most importantly, i like the turnaround story. Stutz is a fairly seasoned restaurant executive and equally important, Cosi has Blum as a consultant. Also like that blum has skin in the game in the form of $4mm of shares. financially, cosi has no debt, so as long as they don't burn through their dwindling cash pile, they should have no liquidity issues. and finally, of course, is Cosi's value as a takeover candidate. i think it would be a great fit for Panera but if not, would be a perfect target for a lower mm PE fund.
Assuming the turnaround remains on track, ill look to add to my position even further.
5 Bank Stocks To Sell Now Before A Market Pullback [View article]
this article is severely deficient in many ways. first, banks are not valued on a p/e basis so i will completely disregard anything the author notes re valuations. further, as indicated by JEF's earnings and Goldman's european trading data, trading revenues have rebounded fairly significantly in Q1 2012. GS and MS are both trading at about 1/2 their book value (the more widely accepted valuation technique, by the way), so coupled with higher trading revenues and already-depressed estimates, Q1 earnings should provide significant upside to these pure investment banks. the investment/commercial banks should also benefit from the general recovery.
The author and subsequent commentors essentially are saying "id take profits because the banks have run up too much", which is a conclusion a 5-year-old could make. i'll stay long with financials...
Cosi's Turnaround Story Is On; New CEO Buys Stock [View article]
any new thoughts on COSI since earnings released? seems they're making some progress through shutting down unprofitable locations, cost cutting initiatives, etc. I see catalysts as: Blum's activism, Stutz to drive the restructuring and general recovery in the economy. Further, i don't see bankruptcy as a viable option as the company has no debt. worst case scenario, COSI continues to operate unprofitably and eventually, becomes a strategic acquisition for a strategic, namely Panera, or a sponsor. All thoughts appreciated.
Skullcandy: The Shorts' Unfettered Greed And The Regulatory Environment That Breeds It [View article]
Down 83% In 6 Months: Jaguar Mining Is Finally A Buy [View article]
Digital Generation: A One Stop Shop Positioned To Be A Global Leader [View article]
anyone else taking position??
Down 83% In 6 Months: Jaguar Mining Is Finally A Buy [View article]
Tempur-Pedic Will Help Your Portfolio Sleep Better [View article]
Time To Go Nuts With Diamond Foods [View article]
Down 83% In 6 Months: Jaguar Mining Is Finally A Buy [View article]
Jaguar Mining: The Kind Of Short Term Trading I Like [View article]
Jaguar Mining: An Activist Investor Waiting To Pounce [View article]
anyone adding to position on today's news?
Jaguar Mining: An Activist Investor Waiting To Pounce [View article]
Anybody who's been following JAG adding to his or her position? Quite a tanking recently...
2 Value Stocks Below $2 (Follow Up) [View article]
Fortunately, both are also similar in that they are quickly reducing costs, which has led to decreasing operating losses. Continued increases in same-store sales will likely bring both companies back to profitability in the short-term (next year or so). So why COSI over JMBA? At Cosi's helm is Stutz, a renowned restaurant executive, and Blum (turned around Burger King) as an activist shareholder / hired consultant (with $4-5mm in shares) to facilitate the recovery. Further, Cosi is a natural acquisition target for Panera who fortuitously boasts no debt and $200mm in cash; thus, an acquisition is very feasible.
Yale Bock, welcome your thoughts on this comparison.
Jamba: Stick To The Smoothies, Skip The Stock [View article]
Fortunately, both are also similar in that they are quickly reducing costs, which has led to decreasing operating losses. Continued increases in same-store sales will likely bring both companies back to profitability in the short-term (next year or so). So why COSI over JMBA? At Cosi's helm is Stutz, a renowned restaurant executive, and Blum (turned around Burger King) as an activist shareholder / hired consultant (with $4-5mm in shares) to facilitate the recovery. Further, Cosi is a natural acquisition target for Panera who fortuitously boasts no debt and $200mm in cash; thus, an acquisition is very feasible.
Welcome everyone's thoughts on this comparison.
Speculation Heats Up For A Panera Buyout Of COSI [View article]
Assuming the turnaround remains on track, ill look to add to my position even further.
5 Bank Stocks To Sell Now Before A Market Pullback [View article]
The author and subsequent commentors essentially are saying "id take profits because the banks have run up too much", which is a conclusion a 5-year-old could make. i'll stay long with financials...
Cosi's Turnaround Story Is On; New CEO Buys Stock [View article]