Larry Jeansweater

Spinning Off Redbox May Be Coinstar's Best Option

Coinstar already replaced most of the old management team with Redbox managers. Redbox is most of the revenue and earnings of Coinstar. So it kinda looks like it is already public. How about just changing the corporate name from Coinstar to Redbox (probably happens inside a year) and selling the crap legacy business to the departed legacy managers.

Starbucks and Jamba Juice Sounds Like a Nice Combination

JMBA just broke the buck. An $0.80 stock ...and Starbucks still hasn't bought them.

Okay, okay...the long SBUX part of my paired trade sucked a big one also just not as much as JMBA sucked.

Overstock's Stealth Pre-Announcement vs Amazon's "Record" Shipments

T bought January puts as soon as I read that OSTK would lose money in the fourth quarter. It worked out really well.

Glad I didn't bother to look at the accounts payable forecast. Uh what is the point of analyst reports anyway? To make money or get every line item of every financial statement right.

I made money. I knew what to do when I read that Overstock was likely to love money in the fourth quarer. Not every knew what to do.

You can't make money comlaining about accounts payable on a blog. You make money by stepping up at the right time. I did. Jeff didn't. He is a whiner not a moneymaker. To each his own.

Two Value Stock Picks - And Two Pans - from Vahan Janjigian of Forbes Investors Advisory Institute

Very insightful. He dislikes two high P/E stocks that are already down. His reasoning is about an 1/8th of an inch deep. So the last time gas prices spiked, comps slowed at SBUX and WFMI..right?

Both SBUX and WFMI's comps are slowing now but just pointing at a single headline factor is useless and unlikely to be correct.

If he liked SBUX and WFMI from their IPOs until April 2006 and then became bearish that would be great, but in all likelihood he has been wrong on these names for about 14 years and correct for one.

Starbucks and Jamba Juice Sounds Like a Nice Combination

Jamba Juice was more or less for sale from about 1998 until Steve Berrard bought it last year. If Starbucks wanted to buy it they would have bought it along time ago. Interestingly, the market cap of JMBA is about double the price that it paid for Jamba Juice though it has no other material assets. Business since the purchase has not been remarkable and the cost of California produce has jumped. (Note this is cocktail napkin math, I have not looked at the name recently)

Jamba Juice is like a contra Starbucks in that the expected market potential for the concept has been shrinking while Starbucks has exceeded even the most wild eyed optimistic expectations for growth.

Though Starbucks jumped yesterday, it remains remarkably cheap by its historic standards. You might consider instead shorting JMBA and staying long Starbucks. Starbucks is not going to buy them ever.