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Post by kadokowl on Dec 3, 2013 4:48:17 GMT -5
I know they played a part in screwing us royally, but the train is about to take off so all aboard everybody.
I already loaded my self up with weekly calls 565 and 585 plus jan 14 620 calls
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Post by angelsrwatchn on Dec 3, 2013 14:04:16 GMT -5
Geron......IMHO>>>>it's going up.....I told many of you when it was $1.50.......did you listen?
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Post by def1metk on Dec 4, 2013 6:27:51 GMT -5
Hello Angel..... I have been watching geron. I must have missed your post at 1.50. Coming up real nice. Please keep this dialoque open so somehow we can recover from the disastrous sally in kodak. Thank you. What do you say about LCC? I got in a little too early, but still nervouly confident for a nice recovery. Thank you for your opinions......
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Post by goldentouch on Dec 4, 2013 14:55:41 GMT -5
I think good place to put your money is to short BBY into earnings.... they are going to get crushed.
They are cutting prices to keep market share. They are price matching competitors, both physical stores and online (amazon). This is helping their top line numbers (revenue) but is going to lead to a big miss on the bottom line (EPS).
I have also read that they make something like 50% of their operating profit with warranties, with the cost of items going down, customers are less inclined to invest in a warranty.
I think they will be in the low 30's after earnings (if not lower)... in the short term they might go up to even 44 a share. I can see them going bankrupt in the next 5 years, but that is a long way out.
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