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Francesco R

Francesco R
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  • Wall Street Pumps Fairway Group Holdings Ahead Of Lock-Up Expiry - Sell! [View article]
    Good call
    I went short at 24 this spring and it took a bit longer than expected to correct, but here we go.
    The cash situation is awful, worse than expected...they need a capital increase not only for opening new POS, but just to keep running....
    Nov 7, 2013. 03:53 PM | Likes Like |Link to Comment
  • Grocer Fairway Markets Common Stock Unlocking [View article]
    Jeffries reiterated Buy @ 30
    Nothing new, it will take some more time to correct back to low 20s. It happened the same in Aug, big spike with low volumes
    Oct 15, 2013. 08:13 AM | Likes Like |Link to Comment
  • Fairway Market: Another Grossly Overpriced IPO [View article]
    Terrible, terrible quarterly results, again with big bucks going to Sterling.
    This company is a joke: for how long they will claim IPO related costs as one off charges?
    Maybe till the next share issue that looks inevitable given how fast they are burning cash.
    Aug 8, 2013. 07:53 AM | Likes Like |Link to Comment
  • Fairway Group Holdings: Expect Large Pullback In Price [View article]
    Short squeeze in action, no other way to justify the insane price.
    Low volumes and stock hard to borrow.
    Spread bid ask extremely wide... expect high volatily over the whole summer.
    Jul 2, 2013. 01:34 PM | 1 Like Like |Link to Comment
  • Fairway Group Holdings: Expect Large Pullback In Price [View article]
    I've been short and close the position with little loss.
    Volumes are simply not there for serious short by big hedge funds, or at least this is my feeling.
    I fully agree the stock is worth much less than the today market price, and people should tell their personal experience (maybe great) from the company valuation.
    By the way there are several black spot in the offering circular, including related parties transactions such as short term leasing on the 2 older stores with the main shareholder.
    Current shareholders are locked in till October.
    I need to see the trend change before going short again.
    Jun 22, 2013. 05:09 PM | 1 Like Like |Link to Comment
  • Cooper Tire & Rubber: Take Profits As Apollo Tyres Bid Gets Shaky [View article]
    Closed the short at 31.2, with 8% gain
    Now I'm looking for FWM that look overvalued by any metrics
    Jun 20, 2013. 12:58 PM | Likes Like |Link to Comment
  • Fairway Market IPO Coverage [View article]
    Well... I was clearly wrong on timing...+5% today...
    I agree that, quoting an old adagio "market can stay irrational a lot longer than you can stay solvent"...
    Jun 19, 2013. 03:39 PM | 1 Like Like |Link to Comment
  • Fairway Market IPO Coverage [View article]
    The stock is up 20% from the 20 USD that - I agree - I would have considered already a very expensive level.
    Would you still expect price bouncing back to the 20-22 range in the short term?
    Jun 17, 2013. 03:57 PM | Likes Like |Link to Comment
  • Cooper Tire & Rubber: Take Profits As Apollo Tyres Bid Gets Shaky [View article]
    I'm wondering about the pension regulator opinion given the 600m unfunded liability. With all the leverage these guys want to add to CTB I would not be surprised having the authority call for “involuntary termination" of the plan.
    I think it make a lot of sense now either selling the shares on the market or even selling short, with a maximum downside being the 1.5 usd difference between current price and offering and very a high reward if the deal doesn't go through
    Jun 15, 2013. 09:31 AM | Likes Like |Link to Comment
COMMENTS STATS
9 Comments
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