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Stock Thread (42 Viewers)
- Thread starter St. Louis Bob
- Start date
Al Czervik
Not wearing pants
St. Louis Bob
Footballguy
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St. Louis Bob
Footballguy
Nice run by GOOGL lately. Rude, Sac, 
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Brony
Footballguy
Why wouldn't this "Regan cut her rating on Potbelly to "underweight" from "overweight" on Friday morning," be good news? Wouldn't overweight mean more customers?
fantasycurse42
Footballguy Jr.
I think there is too much competition for Potbelly to be a successful chain long term. I have tried it, and while it was a fairly good sandwich, NYC has a lot better to offer at the same speed and similar price. I think the same could be said for Chicago (or a lot of other places too).
this was from 2/18/15:
http://www.streetinsider.com/Analyst+Comments/Potbelly+%28PBPB%29+PT+Lifted+to+$16+at+Piper+Jaffray+Post+Q4/10284412.html
Target price went from $14 to $16 and now down to $12. Crazy.
Brony
Footballguy
Totally agree with you about NYC and Philly too. Disagree with you about the rest of the country though.
St. Louis Bob
Footballguy
Bob Sacamano
Footballguy
I always preferred Perry's.
I thought I'd love having them out here, but the ones out here aren't the same. Don't know why. Just lower quality.
proteus126
Footballguy
I own 10 shares that I bought in 2005 and another 4 shares that I bought in 2007.St. Louis Bob said:
Sure wish I had bought more. :(
I also have 51 shares of Freeport-McMoran that I bought in 2013. :X
Win some, lose some.
St. Louis Bob
Footballguy
I'm really pissed, I read about this last week. There was still a big drop already but a fortune was still there to me made. I kind of figured that after the program actually aired there would be even more of a sell off. Didn't pull the trigger.
Ignoramus
Footballguy
I'm curious where it goes from here. Can they recover from this? It was over $110 a share just four months ago.I'm really pissed, I read about this last week. There was still a big drop already but a fortune was still there to me made. I kind of figured that after the program actually aired there would be even more of a sell off. Didn't pull the trigger.
fantasycurse42
Footballguy Jr.
:bluecircle:I'm curious where it goes from here. Can they recover from this? It was over $110 a share just four months ago.I'm really pissed, I read about this last week. There was still a big drop already but a fortune was still there to me made. I kind of figured that after the program actually aired there would be even more of a sell off. Didn't pull the trigger.
Going to have to keep this one on the watch list.
St. Louis Bob
Footballguy
Bought 75 shares of SSYS at $63.17.
St. Louis Bob
Footballguy
Stock got pummeled last Wednesday I believe it was when it leaked this was going to be broadcast. Hate myself for not taking a shot it would be pummeled further this morning.
To answer Iggy's question, I don't know anything about the company other than that advertise a lot during MLB games.
sbonomo
Footballguy
cliff notes?
fantasycurse42
Footballguy Jr.
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Bob Sacamano
Footballguy
I've been doing something similar for about 30 years now. Is that suddenly frowned upon?
Bob Sacamano
Footballguy
In a damning report, the “60 Minutes” team said three certified labs testing formaldehyde levels in the company’s Chinese-made laminate found it far exceeded California emissions standards.
Formaldehyde can cause myeloid leukemia and other cancers at high levels, as well as respiratory issues and eye, nose and throat irritation even at low levels.
What’s more, all laminate flooring carried by Lumber Liquidators bears a label indicating that it is CARB Phase 2–compliant, referring to the California Air Resources Board, which sets standards for formaldehyde emissions in wood flooring. Those standards were adopted by Congress in 2010 in a law that is set to take effect across the U.S. this year.
Lumber Liquidators’ founder and chairman, Tom Sullivan, told “60 Minutes” that the tests weren't valid and said the company isn't required by law to test finished products, as the program did. In a filing with the Securities and Exchange Commission on Monday, the company reiterated that the testing method on which the CBS program based its report was improper. It said it is fully compliant with California standards. “Our laminate floors are completely safe to use as intended,” the filing said.
The company blamed the “attacks” on it as the work of short sellers, “who are working together for the purpose of making money by lowering our stock price.”
Short interest in the stock reached 30% ahead of the CBS program’s airing, according to FactSet data.
The company is being sued by environmentalists, backed by a group of Wall Street short sellers, who accuse the company of violating California’s toxic-warning statute. The nonprofit Global Community Monitor has launched a class-action suit against the company.
“Our goal is to sell a good product at a good price,” Sullivan told Anderson Cooper of “60 Minutes.” “And we don’t get the price by skimping on anything. We get the price by low overhead, huge volume and being very efficient at what we do. And we’re never [going to] sell something unsafe.”
The company also challenged on-camera accounts from Chinese suppliers, who were interviewed by “a 60 Minutes” reporting team posing as buyers and using hidden cameras. Employees of three Chinese mills said they were using core boards with higher levels of formaldehyde to save the company up to 15% on price. All three mills also admitted falsely labeling products as CARB 2–compliant.
In its filing, Lumber Liquidators said it was unable to identify the individuals in the video footage.
“The suppliers have confirmed that all products provided to Lumber Liquidators have been and are CARB compliant,” it said.
Formaldehyde can cause myeloid leukemia and other cancers at high levels, as well as respiratory issues and eye, nose and throat irritation even at low levels.
What’s more, all laminate flooring carried by Lumber Liquidators bears a label indicating that it is CARB Phase 2–compliant, referring to the California Air Resources Board, which sets standards for formaldehyde emissions in wood flooring. Those standards were adopted by Congress in 2010 in a law that is set to take effect across the U.S. this year.
Lumber Liquidators’ founder and chairman, Tom Sullivan, told “60 Minutes” that the tests weren't valid and said the company isn't required by law to test finished products, as the program did. In a filing with the Securities and Exchange Commission on Monday, the company reiterated that the testing method on which the CBS program based its report was improper. It said it is fully compliant with California standards. “Our laminate floors are completely safe to use as intended,” the filing said.
The company blamed the “attacks” on it as the work of short sellers, “who are working together for the purpose of making money by lowering our stock price.”
Short interest in the stock reached 30% ahead of the CBS program’s airing, according to FactSet data.
The company is being sued by environmentalists, backed by a group of Wall Street short sellers, who accuse the company of violating California’s toxic-warning statute. The nonprofit Global Community Monitor has launched a class-action suit against the company.
“Our goal is to sell a good product at a good price,” Sullivan told Anderson Cooper of “60 Minutes.” “And we don’t get the price by skimping on anything. We get the price by low overhead, huge volume and being very efficient at what we do. And we’re never [going to] sell something unsafe.”
The company also challenged on-camera accounts from Chinese suppliers, who were interviewed by “a 60 Minutes” reporting team posing as buyers and using hidden cameras. Employees of three Chinese mills said they were using core boards with higher levels of formaldehyde to save the company up to 15% on price. All three mills also admitted falsely labeling products as CARB 2–compliant.
In its filing, Lumber Liquidators said it was unable to identify the individuals in the video footage.
“The suppliers have confirmed that all products provided to Lumber Liquidators have been and are CARB compliant,” it said.
Mystery Achiever
Footballguy
Lumber Liquidators/Tilson has potential to be Herbalife/Ackman Part 2
"WHITNEY TILSON: Here are 4 reasons why I'm now even more convinced that Lumber Liquidators is going to $0"
http://www.businessinsider.com/tilson-reaction-on-lumber-liquidators-2015-3#ixzz3TFlbi6Sf
"WHITNEY TILSON: Here are 4 reasons why I'm now even more convinced that Lumber Liquidators is going to $0"
http://www.businessinsider.com/tilson-reaction-on-lumber-liquidators-2015-3#ixzz3TFlbi6Sf
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Bob Sacamano
Footballguy
Invisibility #####es!!!!!
fantasycurse42
Footballguy Jr.
Thinking about purchasing gold... Anyone else?
The Ref
Footballguy
Lot of demand for physical meta lay the moment. I go to one guy for my junk silver and se said he "had to" charge me 15% over spot right now "because that's what we are getting".
But of a d!ck move for a semi-long customer, but he has sold to me at spot before so I can't complain.
But of a d!ck move for a semi-long customer, but he has sold to me at spot before so I can't complain.
St. Louis Bob
Footballguy
Bought 70 more DDD at $28.69 to give me 339 at $42.01.
Will also be buying more silver soon.
Will also be buying more silver soon.
fantasycurse42
Footballguy Jr.
Almost want to join the LL ride to zero.
culdeus
Footballguy
buy 1 share and tell your holder you want the certificate and then sell on ebay. people did this for enron and made some money.
siffoin
Footballguy
Agree.
find a reasonable entry - have a stop in case your wrong.
It won't take much to take this under. Better than 1:10 chance.
And Ref - $.49ft. In what world can $.49 per ft of hardwood flooring happen where there isn't some form of human rights injustice; or some form of human health risk involved; or some form of crime being committed. Good grief the total cost for sending a letter to you is greater than $.49, and the Post Office can't do that profitably. If it's too good to be true you're probably getting cancer from it. Be safe.
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sbonomo
Footballguy
Bob Sacamano
Footballguy
Don't you people read? $32.65!!
Bob Sacamano
Footballguy
"You shorted Lumber Liquidators and all I got was this lousy foot tumor."
siffoin
Footballguy
Bob Sacamano
Footballguy
sbonomo
Footballguy
I like the sound of that!when it hits 40 we can all tip back a cold one.
St. Louis Bob
Footballguy
St. Louis Bob
Footballguy
AAPL earnings Monday. I bought yesterday so, well, you know.
Also want to buy BIDU
Also want to buy BIDU
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Mystery Achiever
Footballguy
Apple is replacing AT&T in the Dow Industrials after close on March 18.
ETA- Apple watch announcement is on Monday. Next earnings are not until April.
ETA- Apple watch announcement is on Monday. Next earnings are not until April.
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St. Louis Bob
Footballguy
St. Louis Bob
Footballguy
I bought 19 BIDU at $215.50
I also bought 205 VEU (3.3% Yield) at $48.83 after reading the latest PMI report, over 50 is considered "good".
[SIZE=12pt]Italy 51.9[/SIZE]
[SIZE=12pt]U.K. 54.1[/SIZE]
[SIZE=12pt]Germany 51.1[/SIZE]
[SIZE=12pt]Spain 54.2[/SIZE]
[SIZE=12pt]Hungary 54.9[/SIZE]
[SIZE=12pt]Denmark 56.2[/SIZE]
[SIZE=12pt]Poland 55.1[/SIZE]
[SIZE=12pt]Ireland 57.5[/SIZE]
I also bought 205 VEU (3.3% Yield) at $48.83 after reading the latest PMI report, over 50 is considered "good".
[SIZE=12pt]Italy 51.9[/SIZE]
[SIZE=12pt]U.K. 54.1[/SIZE]
[SIZE=12pt]Germany 51.1[/SIZE]
[SIZE=12pt]Spain 54.2[/SIZE]
[SIZE=12pt]Hungary 54.9[/SIZE]
[SIZE=12pt]Denmark 56.2[/SIZE]
[SIZE=12pt]Poland 55.1[/SIZE]
[SIZE=12pt]Ireland 57.5[/SIZE]
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St. Louis Bob
Footballguy
I'm done stocks for awhile, seriously, unless there is a nice correction.
Bob Sacamano
Footballguy
I'm holding way too much cash right now. Frankly, have no clue what to do with it.
kevzilla
Footballguy
Wait for the correction that just has to be out there?
In the years that I've served as Research Director for my dad's portfolio, I think I have made him more aggressive, and he's made me more conservative. He's about 40% cash now, which isn't way out of line in your late seventies, but he's getting itchy.
