O.T.
Regarding CMG,
I think they are still operating in damage control mode and see this coming year as a down year industry wide with dispersed market share and continued overall market retraction. I would wait until 2nd quarter to see where they settle. Their numbers should be down considerably thru Q1 due to the bad press. With the overall market being in bear trend, you will have many opportunities to buy at these levels in my opinion. Their store-wide increase in pricing should alleviate some of the bottom line decline, but that could play against them over time in a down economy.
I've been watching the triple gold etf and Wynn seems to be holding up pretty well since Steve Wynn put his money where his mouth is. That's where I stay when I'm in vegas and the employees have been saying fairly positive things.
So yeah you can see I'm a big gambler. I played bio techs for a while and took a huge bath. For stability, I'm watching reentry levels of appl, amzn, Nke, v, sbux, oil.
I'm getting older so I've learned to start taking less risk.
From Green Bay originally. Now I'm in Tampa looking to open a new farm to table type restaurant in a rapidly growing sector and population. I wish I was a developer. Land and retail space is going thru the roof.
AI
