Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Almost breaking the new high....
Off by 2 cent inter-day.Go Wendy(option).
Next reality check in less than 2 weeks.....
10Q,2013 should be out soon....if loss exceeded 1/4 million dollars,WATCH OUT,and a breach of $0.06 pps is probable.The issue:can the management have its act together before panic sets in.
Heads up 101.........
Up means price goes higher,not lower,and you make money now.
Down means price goes lower,not higher,and you loose money now.
e.g.
Ask price goes from $0.07 to $0.065,is DOWN.
Ask price goes from $0.07 to $0.075,is UP.
If this is too confusing,a supplementary course on how to count with your fingers/toes will be offered,free of charge(0 that is),and hope this elective will be most helpful.
One of certainties about the future: We all be dead.
Pretty impressive galleries and PR for investors.......
http://djra.smugmug.com/
Not Good....
Ask is down to $0.065.Perception of the company has changed,watch out,and this stock is not for the naive.
But.....
The reality is the company is broke and chances of bk is more and more likely....without more dilutions the company is done.
What I posted back in Nov 29,2012........
"I hope HJOE has explosive growth NOW(real,not perception) to pull it out of the rot SOON,else it will break $0.07 support........."
Mr. Market decides,not pumpers nor bashers.
10k was out two weeks ago...
The pr rehashes what was included in the report,a bit simplified,but with better lights. I'm hoping DJRT can break even or close to it for its 1st Q result.
A bit disappointed on the 4Q 2012 numbers.......
Looking forward on improvement in 2013. Million dollar question: can DJRT break even or close to it and have a good start?
Asset Deficiency and Chance of BK INCREASED...........
Definition of 'Asset Deficiency'
A situation where a company's liabilities exceed its assets. Asset deficiency is a sign of financial distress and indicates that a company may default on its obligations to creditors and may be headed for bankruptcy. Asset deficiency can also cause a publicly traded company to be delisted from a stock exchange.
or
Investopedia explains 'Asset Deficiency'
A company that has a chance at recovering financially may file for chapter 11 bankruptcy, under which the company is restructured, continues to operate and attempts to regain profitability. In a worst-case scenario, asset deficiency may force a company to liquidate, in order to pay off creditors and bondholders. The company will file for chapter 7 bankruptcy and go completely out of business. In this situation, shareholders are the last to be repaid, and they may not receive any money at all.
PS-I predicted "death clock ends in 2013"......It is COUNTING DOWN like clockwork.
$1.2 million LOSS for 4Q 2012......
This number is HUGE and UNBELIEVABLE.Can someone seconds this number? Here is your chance again to prove how great this company is.
A bit of problem:
Total assets = $0.357 million,as of 9/30/2012.
"For the year ended December 31, 2012, we anticipate a consolidated net loss of approximately $2,145,000 or $.03 per common share compared to a consolidated net loss of $257,000 or less than $.01 per common share during the comparable period last year (Note: The 2011 consolidated financial statements of Hangover Joe’s, Inc. are included within our definitive proxy statement filed with the SEC on June 12, 2012). Net sales and gross profits are anticipated to increase approximately $799,000 or 285% and approximately $177,000 or 125%, respectively from the comparable period last year. We anticipate operating expenses increasing $2,048,000 from the comparable period last year. The increase in operating expenses is primarily due to an overall ramp up in sales and marketing efforts and completion of Hangover Joe’s merger/reorganization in July 2012. In addition, the Company recorded a settlement expense of $652,000 during 2012 based on the fair value of 4,500,000 shares of common stock issued pursuant to a settlement agreement reached in January 2013."
Belated show time,NOT a blowout........
I'm looking for a $50K income for the 4Q,before any Vegas charge.Any thing more would be icing on the cake.Go Tim and the Jarrett!!
4 Legendary NASCAR Racetracks in 4 Days!
http://www.racingadventure.com/special-events/special-events.php?id=1
"for the 1st time ever and are limiting it to the first 12 guests..... There will also be a dinner with the Jarrett family in Hickory, NC, a Drag Racing event in Atlanta and then dinner with our crew Saturday night in Talladega, AL ."
PS-Leveraging the DJRT brand with a personal touch of the Jarrett family: What a treat and GREAT BUSINESS IDEA!WOOOOOWWW..DJRT team is on a BIG PROMOTION MOVE TO REVITALIZE THE BRAND!
$48- a-share value for Smithfield following a breakup??.........
http://www.bloomberg.com/news/2013-03-21/smithfield-seen-unlocking-23-gain-with-breakup-real-m-a.html?cmpid=yhoo
Or
TOP $$$$$$$$$$ for its business subsidiary that controls the supply(piggy) and Wall Streets demanded the company to be broken up NOW!
PS-I got a bad feeling about the price of pork going forward;got to go and stuff my stomach with the non-kosher meat,before it is out of my price range again,like lamb/beef/.............life is tough if you are on other side of Wall Streets(vs Main Streets).....How to fight back: buy TSN $30.0 Jan 2014 call options for $0.40?? I smell $$$$(3 baggers),50% chance a winner.Please use $ you can effort to loose.
I spoke to him.......
Yes,once.It was the day or two I learned DJRT was kicked out of Las Vegas for 2013;when I spoke to him even he was surprised what had happened. I remember one of the posting was critical of him for not securing the track,on a long term basis;I disagreed and believed Tim had no control over it,no sense crying about it,just another bump on the road,and hoping there was a back-up plan and he did.
I'm excited about the exotic car program in the pipeline for this summer,what a way to lever the current platform,way overdue. I believe this new program,once operational and optimized,should provide an added EPS of 1-2 cents(see my old posting) and STRATEGIC to its balance sheet and pps.Well done Tim and finally a BIG CHANCE to pull ahead for good: only took 15 years!!
Break out THIS Friday!.................
"Tim Shannon joins Dave for insights into real leadership. Stuck in the pack?Break out THIS Friday!" The Leader Coach, Dave Ferguson.
http://www.blogtalkradio.com/leadercoach/2013/03/22/tim-shannon-ceo-dale-jarrett-racing-adventure
PS-A closer and personal look at the CEO.
Goldman Warns On Commodities.......
http://news.investors.com/business/031913-648545-bhp-rio-tinto-cliffs-fall-over-goldman.htm?ven=yahoocp,yahoo
PS-Headwind is everywhere for Gene and a new storm is brewing: Time to jump ship? I believe 2 more Q left for him or,if not,he and his company will be caught by this storm and the off-balance sheet investment will over load and sink the company.
Fast Food CEO: "Healthy Food 'Not Our Personality,'...."
http://www.huffingtonpost.com/2013/03/16/fast-food-healthy-food-hardees-carls-jr_n_2891489.html
PS-Can you effort to be different(vs. owning socially responsible companies only) and what is your return? Who ever can make money has my wallet's vote!
Kathleen Merrigan:"Know Your Farmer, Know Your Food"......
http://news.yahoo.com/usdas-no-2-official-quits-she-promoted-local-151625085.html;_ylt=ArD6aCpshyNWISglsr6nP0fzWed_;_ylu=X3oDMTVxdmlxdjMxBGNjb2RlA2dtcHRvcDEwMDBwb29sd2lraXVwcmVzdARtaXQDQXJ0aWNsZSBNaXhlZCBMaXN0IE5ld3MgZm9yIFlvdSB3aXRoIE1vcmUgTGluawRwa2cDMWU5ODA0ZWYtODY3OS0zMzMyLTkwNWUtNjNjNzZiZWY4ZjVhBHBvcwMyBHNlYwNuZXdzX2Zvcl95b3UEdmVyAzhhMWIxOGMxLThkODMtMTFlMi1iN2JmLWI2OGE5YmY2MzNjMw--;_ylg=X3oDMTJtNm0wcG9nBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDMmM0NzkwY2EtNjE0OS0zMTI5LTljYWQtMmRmNWNmNGM3MGJmBHBzdGNhdAN1LXMEcHQDc3RvcnlwYWdl;_ylv=3
ps-Centalization and power in the hands of big food suppliers.... time to buy AT THE MONEY Call otions of TSN and EASY MONEY for 2013? 66% chance,I believe.
From Wendy's point of view.......
"And by far, the protein we're most concerned with is the cost of the beef. That, we see really for the next couple of years, there's such a significant imbalance of global demand versus the supply in North America, which is all we buy, and we're only buying fresh beef. That we think we're just going to face an inflationary environment .......... Occasionally and last year, we saw a little bit of relief, but I think that comes from extraneous factors, pink slime and other issues. So I think fundamentally, we're on a path where the timeframe to improve the supply fundamentals in this country are going to take several years. So I think we're looking at cost inflation of 3% to 4%, which equates to really think of it as a negative 1 point on our restaurant margin that we have to offset..." Steven Hare,CFO of Wendy's
http://seekingalpha.com/article/1274161-the-wendy-s-company-presents-at-ubs-global-consumer-conference-mar-14-2013-09-40-am?page=6
ps-Those who control supply have the upper hand!
Excerpts from the CEO......
"So a majority of our customers, our retail customers, while very interested in Where Food Comes From quite frankly are much more worried about whether or not they are actually going to have beef in their cases in the coming months and over the next year.."
http://www.sec.gov/Archives/edgar/data/1360565/000138713113000709/ex99_2.htm
ps-More changes are at work and repositioning to a higher ground is at play...as John stated: there are winners and losers.And I believe pressure is on again!
New COOL over the Old COOL.........
http://www.reuters.com/article/2013/03/08/usa-meat-usa-labeling-idUSL1N0C0HWP20130308?feedType=RSS&feedName=nonCyclicalConsumerGoodsSector&rpc=43[img][/img]
ps-Another broken record and still playing?Not cool.
JBS..........
World:
http://www.jbssa.com/CompanySites/default.aspx
USA:
https://www.fiveriverscattle.com/about/about_history.aspx
Other protein:
"Chicken will be the big driver of global sales growth in coming years, according to JBS. Large swaths of the developing world are becoming richer and consuming more meat, but their populations often don't eat beef or pork for religious or other reasons. Chicken therefore is likely to grow exponentially, Mr. Batista said. After a string of recent acquisitions, JBS says it is now the largest poultry producer in the world."
http://online.wsj.com/article/SB10001424127887324048904578318490389155334.html
ps-As protein cost goes up,along side of shrinking volume,consolidation of packers and companies in the meat industry coming? Or hedge fund taking over control of the meat industry inevitable?Heinz takeover is a warning shot to all players! Challenge for smaller value-added players: shrinking volume.
Listen to the webcast.......
My concern:
John expressed WFCF(beef) customers are facing a likely supply shortage in 2013 and its impact on everyone?????
ps-Power in the hands of packers who owns/inventory cattle?JBS a better business model?
What turns you on.......
Or "Beauty is in the eye of the beholder"
For me:
EPS
No dilution
....
....
Low risk
High return.
Stepping down is the norm for those who f**ked up..............
"In the last two years, more than 20 mining CEOs have stepped down or retired because of ballooning costs, decreasing commodity prices and failed deals."
http://finance.yahoo.com/news/bhp-latest-mining-company-ditch-224542121.html;_ylt=AqUfYMDq2fiid2jd3RBs7xyVuodG;_ylu=X3oDMTNkYThzcXVsBG1pdANGaW5hbmNlIEluZmluaXRlIEJyb3dzZSBTcGxpdARwa2cDMTE3NjkwOTEtNTNiZi0zNDRmLWFlNDUtYTgxZGUzYjE5NzU5BHBvcwNsMwRzZWMDbWVkaWFpbmZpbml0ZWJyb3dzZWxpc3Q-;_ylg=X3oDMTJuZXRvbXNtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDOGE4ZTkwOTctMzVkZi0zZDYyLThhYzYtNTQyOTdmMGVkZDM2BHBzdGNhdANuZXdzBHB0A3N0b3J5cGFnZQ--;_ylv=3
ps-Form 15-12g does wonders for Gene!No shame.
WEN calls appreciation.......
The envy of the market today! More easy $$$ ahead,66% likely.
Exotics Racing offering...........
Price:
http://www.racingschools.com/exoticsracing.php
Schedule:
http://www.exoticsracing.com/Racing-School/schedule-racing-school.htm
Go djrt EXOTICA!!Cars that is.I smell $$$$$$$.
Years of drought are reshaping the U.S. beef industry......
http://www.google.com/hostednews/ap/article/ALeqM5hZW9u13sIMxwwM4dZGHJzkXh_axQ?docId=97397e3ebd93488293da5e2d50453156
Great eye..........
My favorite:
"..our exotic sports cars won't be competing against our NASCAR style racing adventures for business. Instead, the two racing adventures will be working side by side to expand our potential market exponentially."
I believe the top-line capping around $3.5 million is likely to be broken once the djrt platform is properly leveraged....great move on the future new revenue stream. I believe my EPS estimate back in 2012 is off by 1 - 2 cents assuming there are no more big blowouts. Wow...djrt is definitely out of the ditch fast and back on the track again! Nice work Tim.
2nd tier QSR(QUICK SERVICE RESTAURANT)..........
Are being chased buy institutional "HOT MONEY" in the last few weeks and continuing!! I believe the "money trains" are from fixed income,retail store sector like Walmart,and more........amount of $$$$ transfer to the QSR IS HUGE........we have a WINDOW OF OPPORTUNITY TO MAKE BIG $$$ WITH CALL OPTIONS!!
Riding on the tail of the tigers,what a great way to start off the 2013 investment journey!!
People sell stock for different reasons..........
People buy stock for one reason:to make money! I agree with you that the company is on a recovery drive and the million dollar question: will Tim surprise us in 2013 in a positive way?? 66% chance likely,I believe.
ps-take a look of "WEN" I-Hub.
Burgers are sizzling.........
JACK,RRGB,WEN,BKW,.......new highs,daily or yearly,institution volumes!!
Calls at the price of penny stocks,best opportunity of 2013?? I believe time is now and next few weeks. Go burger chains,2nd tier QSR that is!!
Aug $7.00 Call......
At $0.05 ask, 40 contracts traded....only a few weeks ago,that was the ask price for the Aug $6.00 Call.....Some people actually think $7.00 call is probable,5% chance??? WOWWWW!!
$5.36,a new 12 month high today.......
I believe $6.0 strike call options are the money makers,further out better it is,an easy 3 baggers in the making! Go Wendy!
What a day on Wendy's...........
"3,000 calls cross the tape -- about 16 times its average intraday call volume. Meanwhile, fewer than 130 WEN puts have exchanged thus far......"
http://www.minyanville.com/trading-and-investing/options/articles/Wendy2527s-Traders-Hungry-for-Near-Term/2/11/2013/id/48043?camp=syndication&medium=portals&from=yahoo
Good eye!
I was off only by 6 weeks.I guess my mind is elsewhere.Thanks for the heads up.
4Q expectation..........
"...there is a good chance being 3 consecutive profitable quarters soon,before a non-recurring charge due to Vegas closure......there is a 75% chance 4Q net operating income topping $50k....." my posting from 12/2012
Will the company deliver $50k income? We shall know this week.
Business 101: park egos and make money everyday......
AFS:control the rights of ingredient
HJOE:good at selling and distribution
"Applied Science AKA Gtox has no distribution and no market share. HJOE on the other hand is the leader and was way ahead..."
We have a Mexican standoff and the death clock is ticking,$250k-$400k loss per Q,and this one is a NO-BRAINER!
With or without my pants...
I would push the management to be a customer of AFS and have an amicable agreement ASAP,so the company has a shot at the "
recovery beverage category," before the opportunity window closes.Also,having a serious new partner/skin in the game/same objective/sell/sell/sell may be a good thing for everyone's wallet.
""We realize that the recovery beverage category is rapidly growing and we are interested in partnering with other marketers of recovery products but we want them to properly license our technology if they want to make claims related to alcohol consumption," said Loretta M. Zapp, Applied Food Sciences, Inc.'s CEO.""
ps-I would ask for 90 days credit term from AFS and not effecting the cash flow much.