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Atkins

Atkins
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  • 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 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 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 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 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 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 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 03:36 PM | 3 Likes Like |Link to Comment
  • Why Yelp Is The BlackBerry Of Social Media Services [View article]
    I suspect that many small businesspersons would argue the exact opposite side of the coin, ezekielmuir. Also, the low-hanging fruit -- i.e., businesses in large cities -- has already been picked. Also, I am not a believer in global expansion for a fad company. The easy money has already been made.
    Mar 21 04:53 PM | Likes Like |Link to Comment
  • Deal rumor has Plug Power cutting losses [View news story]
    It would not surprise me to see a dark-horse candidate such as Honda jump into the fray. Plug Power is an interesting story. If Tesla can attain such a lofty valuation -- which I cannot fathom it will ever live up to -- there is no reason why Plug Power cannot rocket upward. 

    Elon Musk is a marketing genius. Andy Marsh, Plug Power's CEO, would be wise to study Musk's approach and mimic it as much as possible. I've repeatedly said that if Tim Cook would do the same, Apple would be over $1,000 a share, but share price is admittedly not of concern to him.
    Mar 21 04:47 PM | 1 Like Like |Link to Comment
  • Follow Up: Will Apple Ever Reach $700 Again? [View article]
    In this market, it would not surprise me to see Tesla hit $1,000 before Apple. Nothing is logical, beginning with the Fed. The market no longer moves on fundamentals. CNBC and its ilk have replaced the golden days of real analysis, and WS has the ability to drive the market wherever it desires. it doesn't take a genius to see this.
    Mar 19 02:17 PM | 1 Like Like |Link to Comment
  • Big Plug Power gains ebb as Citron says fair value is 50 cents [View news story]
    I'm not a fan of huge mo-mo stocks -- especially volatile small caps -- but Citron is probably wrong on this particular stock. Tesla's explosive growth tells you all you need to know about anything alternative energy-related. Citron would likely have taken the same sort of position on Tesla.

    Note to Citron: This market moves in odd directions and is encouraged by the Fed's example. The money has been made by speculation, not fundamentals, during the past four years. 
    Mar 11 12:36 PM | 4 Likes Like |Link to Comment
  • Pulling The PLUG On The Fuel-Cell Mania [View article]
    The author sets forth a decent argument for a short position. His perspective is that of a value investor. From that perspective, his argument makes a lot of sense.

    However, looking through a value investor's lens has been a recipe for middling performance in this Fed-induced bull market. The market cares about growth, and little else matters. If it did, Apple would be skyrocketing, and Plug would be a penny stock. Neither of those events has occurred or is occurring.

    The dot-com bubble, with its euphoric day trader paper millionaires, is not too far removed from my mind. However, the Fed is encouraging all of us to catch the bubble and ride it higher. This is not my investing style, but it will take me several years to catch-up with those who listened closely to the Fed and not to the logical economists and academic "experts."
    Mar 7 02:30 PM | 2 Likes Like |Link to Comment
  • Pozen Looking Very Attractive As FDA Decision Nears [View article]
    Over the years, I've lost money on this stock. I'd stay far away from it unless you're looking for a highly speculative gamble. Too many other opportunities in this sector, albeit many of them similarly speculative.
    Mar 6 04:46 PM | Likes Like |Link to Comment
  • Natural Gas Drops 24% In Worst Decline Since 1996, Silver Slips [View article]
    We are facing a large snowstorm in the Midwest on Sunday, with cold temps into next week. Nat Gas is in for yet another rally...at least for a few days.
    Mar 1 03:50 PM | Likes Like |Link to Comment
  • Gold Rally Continues On Ukrainian Uncertainty [View article]
    The key factor: What is the position of the bullion banks, and in which direction is that position trending? 
    Feb 27 04:39 PM | 1 Like Like |Link to Comment
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