Stuckinamobile

Blue Nile's Strong Q3: The Outlook Just Got Brighter

The previous poster was much to kind saying this article was "amusing". I found it down right halarious. It is amazing the legenths we go to justify our stock positions. "MAN OVERBOARD!!" You are long NILE. If you would spend 1/2 the time researching this company and thier declining numbers as you did writing the article justifying your bad stock purchase, I would not have to waste my time pointing out all the flaws in your wishful thinking and overdone hype of this controlled trade stock. You hinted at but never realy came out and said that institutional and fund trading of this stock is the reason it trades at multiples that are imposible to justify even with pie in the sky projections of....whatdid you say....FIVE YEARS OUT???

The analysis is basic. This stock went from 18 to 65 from Febuary, all for a two cent increase in quarterly profit? Did you bother to compafe the year to date numbers with the prior year? Did you consider that the added sales days to the current quarter to squeeze the two cents? Did you look at the cash burn they had to eat in order to make everything look good to desperate investors like you that must be thinking that company would triple income this quarter.

You are dreaming if you think high end jewerly sales is a growth business this year or several years to come. The damage of unemployment and layoffs that continue to this day, will not bode well for a company that relies on people blowing money on stones that retain no value and are neary show peices in a time when showing you are employed is boasting enough. This company is one of the most bloated stocks on the market and if just one fund decides to try to take profits the walls will fall and your hope of a short save.....will never ever happen. PE 85.....market value almost 800 million. No inventory and the only asset is a WEB SIGHT? Man, do I have a bridge to sell you.

Earnings Will Sink Blue Nile's Stock

You are correct. This is a manipulated stock. The float is locked down and funds and institutional holder control the bid and ask and the price most of ever single trading day. Today was an odd exception as the bid and ask responded normally and was not bid up like on most trading days. They do this when they need more shorts to squeeze. I have tracket this stock for over two years. It went from 18 in February to 65 in October. Remember....they sell jewerly in one of the worst recessions ever. Think rational here.

Don

Due for a Correction? Market Is Already Priced for Grim Future

He is smoking the expensive cigars that he make from us buying his hype and propoganda and staying in the market. The market has come way to far way to fast and he is saying that it is still a bargin? You are right...he may be lacing the cigars... What is hard for these suits to admit is that they are no longer collecting fees from us.....They have been forced to become salesmen selling us a product (the market) that we know only works for them and not regular investors blindly following orchestrated advice.



On Aug 31 03:38 PM zorkfin wrote:

> What are you smoking?

Internet Stocks: ZipRealty, Move and Blue Nile

When it comes to Blue Nile is seems anlayst do not look beyond their nice web sight. Why they fail to look at the finaniclas or take a look in the board room is a failure of responsibilities...and Sramana blindly follows the lead on this fund manipulated stock. Sales will be bad and we can leave the projections at that since management feels they have no responsibilities to shareholders in that regard by pulling all future outlook. So lets leave it at that and take a look at management themselves.

About the only thing they did last quarter besudes load up one executive options is buy some stock back. And they did it at an averave price of 39 dollars a share. But when you are buying stock for the simple reason of keeping the stock price up....You will always overpay. There compensation and options are an outrage with options costing 7 centsa share this quarter alone. That is half the quarterly profit they were able to scrape together. And they will continue to take more from this company as growth is nonexistant and losses are sure to come.