David Hyder_

Black Friday Sales Are Down Because Online Spending Is Up

The volume of products bought online (Cyber Monday: $887 million, first 30 days of the November-December shopping season: $12.26 billion) compared to in stores (Black Friday: $41.2 billion) is still miniscule. That will undoubtedly change. But right now, the bad SSS figures are just that: very bad.

The analysis omits this crucial fact and is therefore mathematically fundamentally wrong.

Acorn International: Passing the Yuan Part II

I'm curious to see whether my analysis was good for the longer term - earnings release tomorrow 05/14.

David Hyder

Ross Stores CEO Dumps 1/5 of Holdings

Well, here we are at the middle of December, and I think it's clear that the short was a good one. No takeover either for that matter.

David Hyder

Ross Stores CEO Dumps 1/5 of Holdings

Thanks for your comment. I realise that the sales were planned, but when we are dealing with a sale of this magnitude, they reflect a willingness on the part of the CEO to divest himself of such a position.

Which makes me wonder how much truth there can be to the LBO rumours.

Nonetheless, thanks for bringing this to my attention.

David H.