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Atkins

Atkins
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  • Why Michael Kors Is Worth Considering Now [View article]
    I agree that a price target of $120 is far too high. However, this company is not nearly as troubled as the Barron's article makes it appear. I don't think too many intelligent investors care about Barron's. The publication has a bunch of financial journalists playing a guessing game (much like the analysts, most of whom I wouldn't trust to invest the change in my piggy bank).

    Ultimately, Kors remains a hot brand. Women want Kors' products during this holiday season. As long as that remains the case, and the brand avoids extreme diffusion, all will be fine.


    Finally, I would suggest to Manjunath that competition is of only minor importance in this industry. The profitability of brands in the womens' handbag industry is propelled by subtle changes in taste, not by competition. This is a fundamental concept in the world of luxury accessories.
    Nov 4, 2014. 04:41 PM | 3 Likes Like |Link to Comment
  • Investors not buying Kors beat as holiday guidance is sluggish [View news story]
    Yes, the market is indeed a joke. Manipulation central. Is there anyone with a brain who truly believes that there is anything rational about WS today?
    Nov 4, 2014. 04:19 PM | Likes Like |Link to Comment
  • Investors not buying Kors beat as holiday guidance is sluggish [View news story]
    They are indeed in a cutthroat sector. However, higher-end (i.e., luxury) purses are not a commodity. That's basic Fashion Industry 101.
    Nov 4, 2014. 04:16 PM | Likes Like |Link to Comment
  • The Long-Term Attractiveness Of Corn [View article]
    This article was very refreshing, regardless of whether the thesis will ultimately be borne out. Thanks for the careful analysis. It's great to see something based upon economic analysis. A supply and demand curve is a rare occurrence. Too many articles on SA appear to be either "click bait" or, alternatively, written by a 23-year-old graduate without a full-time job who writes from a desk in his/her parents' basement while claiming to be "XZY Capital Assets," or words to that effect.

    I read SA for laughs most of the time because the vast majority of articles are amusing and/or comical. This article, however, is atypical (thank God).
    Nov 2, 2014. 06:20 PM | Likes Like |Link to Comment
  • Drug retailers cut out Apple Pay [View news story]
    I wouldn't worry too much about CVS and Rite Aid. Neither packs much of a punch, and both are outdated businesses. There are many loyal CVS and Rite Aid customers, but the bulk of the heavy spenders are not within the companies' target demographic and would not be prime users of ApplePay.
    Oct 27, 2014. 09:54 AM | Likes Like |Link to Comment
  • 4 Reasons The Jobs Report Stinks [View article]
    Good comment, Timmies. Ironically, my best friend is a printer, so I have at least a small understanding of the stripping process, and it illustrates your point well.
    Oct 4, 2014. 11:43 AM | Likes Like |Link to Comment
  • 4 Reasons The Jobs Report Stinks [View article]
    Timmie makes several fair points. However, I respectfully disagree that a job is a job, regardless of the age of its holder. I suspect that the bulk of the jobs created in the over-55 age group fall within one of two categories: (1) lower-pay jobs obtained by individuals who were laid-off from higher-pay jobs; or (2) older individuals who do not have sufficient savings/income to allow them to retire comfortably and, thus, who must continue to work. Also, the jobs created are likely not particularly good jobs with solid benefits.

    The absence of positive movement in the numbers of younger workers is an ominous sign. The economy will continue in the doldrums until those numbers move significantly upward. Calling something a green shoot does not make it so.

    On a positive note, I am happy to see a rise in the employment rate of those in the 55+ category. As anyone who runs a business can tell you, their attention span, productivity, and commitment to the job tends to be exponentially better than the 20/30-somethings who would rather text their friends all day and/or surreptitiously post on Facebook while the boss is in another room. Yes, I'm painting with a broad brush, but I'm a 40-something executive, and my thoughts are based on personal observation.
    Oct 3, 2014. 05:56 PM | 5 Likes Like |Link to Comment
  • Tesla: Worrier's Analysis [View article]
    The market is driven by the Fed, WS manipulators, and the psychology of millions of clueless retail investors. Math is almost irrelevant. The market is a game well-played by the WS boys, while retail plays the fool.
    Sep 16, 2014. 05:25 PM | 4 Likes Like |Link to Comment
  • Tesla extends warranty on Model S sedan to eight years [View news story]
    Miro's points are well taken. I am not about to pass judgment on Elon Musk because he's a creative genius and might be able to overcome all of the hurdles that Miro mentioned. However, unless Tesla can substantially lower the price of its vehicles, it will have no chance of unseating the well-run existing makers and will remain a niche brand.

    Tesla draws a ton of interest from college students and 20-somethings. Dozens of them have told me how much they like the cars. Clearly, Tesla is an aspirational brand to them, and that fact should rightfully make Elon simile.

    However, we know that college students are not finding decent jobs upon graduation, and 20-somethings are stuck in an economic malaise causing many of them to live with their parents far longer than they probably would like (although there are many benefits, indeed, to living with mom and dad). The 20-somethings with well-paid jobs in large urban areas are not representative of those in the vast majority of the country.

    To the readers of SA who would retort, "Yes, but the fog is lifting, and hiring is up," you obviously do not own, run or otherwise manage a business (and I do not mean a Website design firm in your basement) because if you did, you'd know that hiring is almost uniformly at lower wages and with lesser benefits than for similarly situated positions pre-2009.
    
    Yes, the glass can be seen as half-full, but a Tesla is still going to be out-of-reach to the generation that is its most-receptive audience.
    Aug 16, 2014. 09:45 PM | 1 Like Like |Link to Comment
  • Darden Restaurants: A Perfect Storm Of Passive Income And Capital Appreciation [View article]
    An interesting and well-supported article. However, in my opinion, Darden's brands are stale, and the company's food offerings have fallen behind several of its competitors. There is simply not much innovation or buzz at this point in time. We all know that diners are fickle, and I'm not seeing their acquisitions doing much to reposition the Darden ship. Its yield is excellent (in light of our deflated world), but as jrpah and Mr. Schwartz note, respectively, there is no new life, and earnings are mediocre. 
    Jun 6, 2014. 11:42 AM | 1 Like Like |Link to Comment
  • Plug Power's Secondary A Net Positive, But There Are Other Issues To Lose Sleep Over [View article]
    These two large IBs know what they are doing. Plug threw Cowen a bone (rewarding it for its past assistance), but the company relied on two all stars, which is perhaps its smartest move if it wants to play in the major leagues.

    Plug is probably a good longer-term investment. The big guys will put an end to the retail lemmings who post on Stock Twits and believe that they have even an iota of ability to predict anything beyond a few weeks. Frankly, I don't have time to post tweets every few minutes like many of those people seem to do. I'm far too busy making money in my real job while investing with a longer-term perspective in my taxable account. However, when I need a good laugh, I take a look at the tweets and shake my head. No wonder most retail short-term traders lose their shirt.
    Apr 25, 2014. 09:56 AM | 4 Likes Like |Link to Comment
  • Will Plug Power Revolutionize The Sector? [View article]
    I have no idea whether Pug is fairly valued. I am continually amazed that stocks such as Yelp, Tesla and their ilk are at lofty levels, so valuation seems to be a crapshoot. Nevertheless, I am much more comfortable with a company such as Plug, which focuses on back-end operations, than Tesla, which will rely on demand from consumers who don't have the extra disposable income to buy EVs.

    If Tesla can develop a car that is within the price range of basic Fords, Hyundais, Hondas, etc., my thoughts will change, but until then, I just don't see Tesla achieving large volume sales outside of major, progressive cities. I don't believe that the bulk of the US will react to the product the same way as California will. Gas is simply too cheap in the North, South and Midwest to affect driving habits such that consumers will flock to Tesla autos. If gas heads skyward, they'll simply drive less, which is the long-standing pattern.

    Plug would be well served not to stray too far from its focus on meeting equipment and operational needs. Forklifts, refrigerated trucks and the like are not sexy, but ask anyone who has worked in an industry that uses this equipment, and that person will tell you that these boring things are vital pieces of the operational puzzle.
    Apr 12, 2014. 03:02 PM | 2 Likes Like |Link to Comment
  • Plug Power: Unprofitable Past, Poor Fundamentals, And A Best-Case DCF Value Of $2-$2.50/Share [View article]
    Has anyone ever heard of this firm?
    Apr 2, 2014. 11:11 AM | 3 Likes Like |Link to Comment
  • American Eagle Outfitters: Risk/Reward Now Becomes Too Compelling To Ignore [View article]
    Agreed. Not looking good.
    Mar 25, 2014. 11:09 PM | Likes Like |Link to Comment
  • New 13D Filing Reveals More Dilution Ahead For Plug Power [View article]
    The author writes, "PLUG power is probably the easiest short to come along in many a moon."

    Really? Gee, I think the shorts who don't have time to write articles for SA would disagree with you on that, John.

    Mar 24, 2014. 03:36 PM | 3 Likes Like |Link to Comment
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