is... a buy and hold investor of dividend US and Canadian stocks
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Well... I was right after all. It is obvious that the reason for the otherwise inexplicable prices rise from 1.00 was because of the imminent takeover. It was quite clearly in play. Therefore neither the vaunted spinglefluke formation NOR the advice of the Moderators in this case had anything to do with it.
Quid Pro Quo.... the Big Guy.
Congratulations everyone.
WOW. I am in.
i guess I just don't feel comfortable taking a chance on something like that. Too short a product life cycle. Something that you might think is an "impulse item" must have some tangible value to be successful (Crocs?).
And.. I still think Nancy Duitch is hot.
someone would have to be an idiot to put a hammer on that thing... get a grip. falling hammers can kill. have you ever been on a construction site.. even done any work around the house?
i guess we will see. It was a case of utilize yap, engage brain later... I guess I just have to stick to my guns (gut feel) now.. lol..
I was only talking about the possibility of a ST pullback, nothing more than that. I agree with the LT prospects and that more of these contracts will come to fruition. To invest in anything you have to believe in it intuitively and beyond the numbers.
I am educated, trained in Finance.. nothing more.
anyway, why don't you not diss me for negative opinions.
well.. first off it is still a stupid product. I took a little look at your Google link. Fact is, with this arm band all the worker has to do is brush up against the work and everything falls off. I am not a tradesman but have worked on construction sites. I can't imagine it being taken seriously, but would like to hear a tradesman's view.
As for your not giving a s__ about my opinion, you are a typical American marketer, much like the guys at the Big Three automakers. All you care about are that it sells and you think that PR is the main reason for any stock price going up or down.
I distinctly remember being in a team room at the IT Centre at Ford in 2000 hearing them talk about building SUVs vs. small cars. They came flat out and said that they can't make money selling small cars, and SUVs are what the public wanted, so they were going to make SUVs. Regardless of the fact that they all knew that with more than 3 adults they were overloaded, that they were a shitty vehicle, nothing more than a box on a car chassis. Sometimes you have to ignore marketing and just build quality and function.
If this device is not practical on a job site it will not work LT in the home. I would like to hear a tradesman's view.
btw, have you checked out how the Big Three are doing lately? 1/3 of auto parts makers in Ontario will lose their jobs this year. Good work America.
You must be joking. This is absolutely the STUPIDEST product I have seen in a LONG TIME. It deserves to be on an infomercial because it will not make it anywhere else. In fact, I would not be surprised if it is banned. Isn't there a safety organization down there that any new product must get certified with? Like the CSA (Canadian Safety Association).
Anybody that has worked in an industrial environment knows that one of the primary causes of accidents is tools or anything else being dropped from heights. It is one of the major causes of industrial accidents, which anybody knows who has worked in industry is more important than the work getting done. Any contractor or industrial company has a strong safety culture and would laugh at such a product. I have been on several construction sites and have co-managed construction projects. I can see this for what it is, a silly contraption that was not thought through in the least.
The only buyer for this is work-at-home types who don't know any better. they also use dodgy ladders and fall off of rooves with no fall arrest devices. And how are they going to feel when one of those nails lands on their childs' heads or worse (eyes?). Within a couple of days of using it they will abandon it. Try again...
Stupid... stupid.. stupid.
That brings up an interesting discussion about optimism, pessimism, and the use of "facts". There is a big difference between fact and opinion, whether or not it is someone else's opinion, it is still an opinion and not fact. I have seen too often ANY company information repeated and stated as verbatim fact, when in fact it is not.
Example: investor calls up company IR person and IR person says that they have enough "cash" to last 6 months. A quick look at said financial Statements reveals that to be a canned statement that the IR person is trained to say to people. It is not reality. Stated as verbatim fact on a BB like this is just plain stupid. Person who believes that the company has 6 months to turn it around and consequently does not sell is stupider.
So I don't think I am a pessimist, I just stated some facts (current price and resulting PE, as well as info from financial statements) and coupled that with an opinion about where it would go. The differences are quite clear. Nothing about doing that makes me a pessimist. There has been quite a runup and to refuse to acknowledge the possibility that some people may take profit would be optimism. meanwhile I am a "pessimist"... All silliness.
Your post shows you MAY have a bias, as many of these boards are, towards optimism. In other words, any information published in support of an optimistic view is a "fact", even if it is just some company official's opinion. Anything supporting a pessimistic view is questioned immediately.
So let us all let the opinions flow...
Famous line from a movie:
"Two kinds of people come out of Texas, steers and q%@@'s".
Which one are you?"
btw, TWB does not go by the numbers. here are exceptions to everything. They are the toughest picks of all. Like that restaurant stock some years back.. what was it... uWink? My best "pick" so far. I use that word loosely because I admittedly lucked out. Read about it on MSN... in at .33, out after the first restaurant opening. stuff happens... same as TWB.
OK, so I will have you know that I am going to get into this stock as of Monday morning. But... just a few things I want to tell you..
My style is maybe a little different than some here. I prefer to go by setting firm criteria and picking the best of what comes up. Given that approach, I know from experience that it may not be possible to learn every little last detail of every stock. The only reason I am doing this is that it meets my criteria. I have seen too many people on these boards that may know every little detail of the stock in question, yet are in love with it and cannot hit that Sell button when appropriate. Hopefully that is not you. But knowing every last little detail about one stock is not nearly as powerful as picking from hundreds. Now knowing every last detail of hundreds of stocks.. who has that kind of time.. so give me a break already. Most of us have real jobs... I think you would call that contrarian thinking... market timing.
Also, don't you think that in general information coming from the company is way more positive than it should be? It is not objective. So the last thing I need is someone advising me to bone up on company-issued information obviously designed to out as good a face as possible on the stock. If I went by such information I would be broke. Not in the case of EGMI, but I am making a generalization. So sticking to firm criteria works..
Since I have been taking advice from people on these boards btw, I have not done nearly as well as I would have on my own. The best advice I have received has been right on maybe 20% of his picks. What do they say.. do not get your investment advice from the internet?
I have a long-term view and agree with the general positive sentiment here, but let's touch base in a month or so on the ST... and if I am right I will buy some more!
Peace be with you.
In this market this P/E is not that dumb. It is a bit on the low side... but mot much. 20 and up in a good market. IMO we are in the summer doldrums now... there was a low in mid March. Rest of the summer will not be spectacular.
28% year over year is not exceptionally high growth. This company is very solid in every way. Not having any debt is not a big deal... lots of hitech companies have no debt. They just don't need debt.
Actually I am happy to be alive right now. In the span of 3 months I have been let go and found a new job. I found a new job within my notice period. I was just at the butcher shop. I passed on the $20 T-bone (something I would have done 2 years ago). I passed on the organic chicken and pineapple burgers (you would not believe what they wanted). Picked up $20 worth of sausages.
So forgive me for being a bit cautious after a mere ounce of research. I will get back to you when I complete a pound of research.
why so you say news is highly likely?
ok, so again I am uninformed... what is this "big news"...?
so who thinks this stock will go higher in the short term and why? If their guidance is .14/share for 2009... it is around 1.40, which gives them a 10:1 P/E ratio. Seems about right. Add in some good old-fashioned profit-taking... and maybe it will go lower in the ST. Thoughts?
I have had a 15-minute look at this.. have you guys considered a couple of things, like the following:
- this increase in gun sales is apparently because everybody is worried that Obama is going to bring in anti-gun legislation, so get it now while you still can. Well, that means that this is/ was a temporary investment hypothesis. Could be that the hose has left the barn on this one. It just might be over.
- the indicators are high, indicating a pullback may happen.
- it has had a steep rise, some profit-taking is bound to occur.
- thee were a couples of macroeconomic thing sin the last report that are working against them right now as well... like the US dollar. they were saying that the devaluing of the USD helped their profitability.
all things that say now is not the right time to invest in this puppy.
Lastly,,, I don't see a spinglefluke formation forming. That is the kicker for me.
I am surprised you have no position. I thought or sure you would be in on this one.. thought you were gungho on it.
and whatever happened to the "testing ground" concept for new software....? what was the words they used... "showcase" restaurants? lol
IMO... don't see how this helps unless just change for the sake of change. Restaurants/ bars do that. New theme every 6 months. But by taking it "upscale" I would think they would lose some of the gaming crowd. And I thought there target market was younger than "upscale". If they go upscale, what is next... dancing? That does not seem to work in my mind... but then I have never set foot in a uWink, so what do I know.
I am curious, only because I followed this for so long. Where did you read it?
That would require new investment/ money, so there might be something in the works which impacts shareholders as well... although these shares are useless to anybody at this point anyway. Not only do they have no value, but they are difficult to trade.
interesting. Can you tell us more?
yes the PR always.. lol..
I did not think it was the INVERTED pattern, was it?
OK, so it is time to post my true opinion about TWB. Maybe it is not the POS I thought it was at first glance. Although the numbers are not quite there yet, the market is forward pricing, and it looks to be in for a great run. The chart is compelling... looking at it over a 5-year time frame... this is a retail stock that has places to go. Could reach a high of $60. And the recent numbers are closer to profitability that could have been imagined.
I was just being BAD ...
Apparently there was some good economic news today.. maybe that is having an impact.
Daughter of Frank Stronach, chairman of Magna, one of the biggest parts makes in automotive. Also a politician. Could have been the Prime Minister of Canada. Much gossipped about. Datd an MP in the house fo Commons (similar to you Congress). Crossed the floor in return for a cabinet post. Also dated Ti Domi (hockey player).
So she is a politician, in the news, and HOT.
What do you have to offer that can hold a candle to her?
Sarah Palin? Give me a break. Sarah has two fantastic pairs of assets with nothing between them. One of them is her ears.
I do (did) believe the good words (horseshit) in this post:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=37836057
I just think these things are hard to call, especially around earnings. It is the most unpredictable call to make. Usually, a run up is hype, wishful thinking and will result in a selloff after an earnings report. MOST of the time. Not this time. How could anyone have known, really??
I still think Nancy Duitch is very hot. That is the only contribution I can make to this board...
way to go TWeeB.
when is earnings?
exactly. I would think that the Google crowd would work by reference. Eiher it would get a name via the few who try it and it would become a magnet for the techies, or the first few would not like it and likewise kill it. Probably no amount of PR or advertising would help.
The other two, if they are relying on tourists or walk-in... that is different. They have a guaranted market, and if they piss the odd person off with poor customer service or machines that do not work it likely will not matter.
what about the Google crowd? they did not like it? what were the numbers like for the 3 locations? I can't find any financials by location anymore...
how do you know that? that is interesting. I would have thought that the one that would have closed would be the original mall one. I Mt. View was doing OK.
I think the point is that everyone has lots of 20's, so they do not have to give out change...
Interesting email from uWink:
you said it...
well it is too bad that I will not be able to harness the awesome predictive power of the SpindleFluke. Are there any other "Flukes" that you are the master of?
to whom/ what?
Where can I find data on the Inverted Spinglefluke phenomenon??
!!!!!!!!!!!!!!!