CIT got bought it's up a whopping 25%. Back when I had a clothing store in NYC we used CIT to get 30 days on goods & there was someone else who did this... Who was it?
Ideas For Now-
- Thread starter stonedinvestor
- Start date
Biden town-hall prevails in TV ratings battle among candidates
Oct. 16, 2020 2:35 PM ET|About: The Walt Disney Company (DIS)| Oh this is priceless...
In the battle of two high-profile TV events, Democratic presidential candidate Joe Biden's town-hall appearance on ABC (DIS +0.1%) averaged 13.9M viewers, while a town-hall at the same time with President Trump on NBC networks (CMCSA +1.1%) averaged a combined 13M viewers.
Oct. 16, 2020 2:35 PM ET|About: The Walt Disney Company (DIS)| Oh this is priceless...
In the battle of two high-profile TV events, Democratic presidential candidate Joe Biden's town-hall appearance on ABC (DIS +0.1%) averaged 13.9M viewers, while a town-hall at the same time with President Trump on NBC networks (CMCSA +1.1%) averaged a combined 13M viewers.
Some bad shit went down at the Taco place-- Earnings looked so so not bad and it got killed.
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About: Del Taco Restaurants, Inc. (TACO)
Quad 7 Capital
(32,535 followers)
Summary
Shares of Del Taco surged in the week ahead of its earnings gaining nearly 25%, and we think it is set to fall right back.
COVID-19 has been a big benefit for many quick-service restaurants but Del Taco's performance is underwhelming.
Earnings were positive and that was a big takeaway, but we are unimpressed.
While the company isn't issuing guidance we see no more than $0.30 for the year in EPS, putting FWD EPS at 34.5 at current share prices of $10.36.
Looking for a helping hand in the market? Members Of gummybear Advisors get exclusive ideas and guidance to navigate any climate. Get started today » Call Van!
Shares of quick-service restaurant Del Taco (TACO) have been recovering since the COVID-induced lows in March. However, shares ran up 25% in the week of trading ahead of the just-reported earnings. Based on the results, the run-up was unjustified, and we expect shares to fall right back to the $8 level. From what we can see, shares are a buy in the $7-8 range, which is 23-32% lower from the closing price of $10.36 ahead of earnings.
We are not going to call this an outright short, but it does look like a potential target. Instead, we are taking the neutral view here and opining shares would be a buy if they decline. The market as a whole may offer that opportunity given the huge volatility we are seeing ahead of elections and of course with COVID resurging and questions surrounding whether we will get another round of economic stimulus.
- Del Taco: Lackluster Results Suggest The Run-Up Was Overdone
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About: Del Taco Restaurants, Inc. (TACO)
Quad 7 Capital
(32,535 followers)
Summary
Shares of Del Taco surged in the week ahead of its earnings gaining nearly 25%, and we think it is set to fall right back.
COVID-19 has been a big benefit for many quick-service restaurants but Del Taco's performance is underwhelming.
Earnings were positive and that was a big takeaway, but we are unimpressed.
While the company isn't issuing guidance we see no more than $0.30 for the year in EPS, putting FWD EPS at 34.5 at current share prices of $10.36.
Looking for a helping hand in the market? Members Of gummybear Advisors get exclusive ideas and guidance to navigate any climate. Get started today » Call Van!
Shares of quick-service restaurant Del Taco (TACO) have been recovering since the COVID-induced lows in March. However, shares ran up 25% in the week of trading ahead of the just-reported earnings. Based on the results, the run-up was unjustified, and we expect shares to fall right back to the $8 level. From what we can see, shares are a buy in the $7-8 range, which is 23-32% lower from the closing price of $10.36 ahead of earnings.
We are not going to call this an outright short, but it does look like a potential target. Instead, we are taking the neutral view here and opining shares would be a buy if they decline. The market as a whole may offer that opportunity given the huge volatility we are seeing ahead of elections and of course with COVID resurging and questions surrounding whether we will get another round of economic stimulus.
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What the heck was the name of the chicken place.
wait for it!
El Pollo Loco Holdings Inc
LOCO
El Pollo Loco Holdings, Inc. operates as a holding company with interest in managing restaurants. The company, through its subsidiaries, develops, franchises, licenses, and operates quick-service restaurants under the name El Pollo Loco. The firm specializes in fire-grilling fresh citrus-marinated chicken with variety of offerings which include chicken avocado burrito, chicken tostada salads and pollo bowls. El Pollo Loco Holdings was founded in 1975 and is headquartered in Costa Mesa, CA.more
$17.32
Price
$0.63
Daily Change
3.51%
Percent Change
wait for it!
El Pollo Loco Holdings Inc
LOCO
El Pollo Loco Holdings, Inc. operates as a holding company with interest in managing restaurants. The company, through its subsidiaries, develops, franchises, licenses, and operates quick-service restaurants under the name El Pollo Loco. The firm specializes in fire-grilling fresh citrus-marinated chicken with variety of offerings which include chicken avocado burrito, chicken tostada salads and pollo bowls. El Pollo Loco Holdings was founded in 1975 and is headquartered in Costa Mesa, CA.more
$17.32
Price
$0.63
Daily Change
3.51%
Percent Change
Now we know which one!
That poor kid that invested in the cruise ships he was supposed to give us an on the scene review... maybe you could find one in your hood Van...
Stoney,
I know I have my strict rule at GBA.... which you routinely violate but can get away with as CEO.... that there will be no politics in the office...
BUT...
...if you happen to read this.... (and this will not muster me any likes around this place lol)... but its art for christ-sake....
Anyway... set your dvr for MSNBC tonight at 10PM EST.
Documentary highlighting the work of Pete Souza. The WH photographer that Obama hand-picked to record his presidency.
Love or hate whoever sits in the Oval.... the Presidential photographer records each and every moment, one click at a time. That's cool beyond belief.
They are there for everything. Everything.
Fly's on the wall, with the highest security clearances.
Souza was one of the best.
....My thoughts exactly.
All it needed was Clarence.
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Man I got so stoned I fell asleep and missed it Van my wife wanted to see it too.
Politics? I haven't spotted too much of that lately. To be in politics you have to know how to interact with regular people. There is no Democrats vs Republicans anymore it's a shame I missed the days of true politics. Now you just have good vs evil.
How do you know if you are evil? If you lock kids in cages or approve of that you are evil. If you don't care about the planet and climate change and the world being left to our children you are evil. If you believe the white race is so special it deserves special treatment and even take that view to the point of placing the white race above others. If you believe homes should cost more for some people than others, that schools should be better for some people than others... then you belong to that group of chaotic wannabes that wear red hats and plan to overthrow local governments and you are evil. That's fine, there's always been good vs evil and the lines are clearly drawn. A vote for Biden is both a vote for good and a vote against evil.
In two weeks evil is shown the door, a new age will dawn. The supreme court will grow in numbers and importance. There should always be a balance on the court the court should never be so far one way or the other-- liberal or conservative.
Proud boys and girls can light their torches and march in circles it won't matter. Ugly, overweight white ladies will revert to their former selves, ugly, overweight white ladies.
In days past when a political party greatly overstepped their lanes they paid dearly at the polls.
Now there is talk of a blue wave. And why not? The ocean is blue when it's clean-- what other color should a wave be?
I totally agree-- in investing we must keep the politics out of it-- but I disagree that ET is a bastion for evil thinkers. That has not been my experience here or in finance. Many years ago if you worked in banking or stocks or posted here you leaned Republican but that was when the Republican party had a platform and a beating soul. Now I meet high powered folks and it just really boils down to smart vs stupid no one wants their company being run by someone stupid much less their country! I have not met one finance expert in the last year who has considered Trump anything but an unfortunate joke.
The country is unfortunately being split into those that go to college and those who don't.
Alright that being said let me talk about what a genius I am. I gave my speech about oil. Absolutely every analyst is going the other way and for good reasons I cannot counter--
however right at the close I saw something and I think what I was saying about a massive consolidation of M&A is going to turn out correct.
Speculation swirls around potential bid for EOG Resources
Oct. 16, 2020 4:38 PM ET|About: EOG Resources, Inc. (EOG)|By:
EOG Resources (EOG -1.7%) spiked as much as 4.7% in late trading just before closing lower, apparently in response to a Betaville report that market rumors say a "major oil company" is considering a bid for EOG.
The oil company evaluating a bid is not known, although the speculation centers on companies such as Chevron (NYSE:CVX), Exxon Mobil (NYSE:XOM) and Total (NYSE:TOT), according to the report.
The Betaville report is an "uncooked alert," a term it uses to refer to market gossip.<----
Power Hedge sees EOG as "a very good energy pick for investors to ride out the turbulence and get paid for doing so," according to a report posted
Politics? I haven't spotted too much of that lately. To be in politics you have to know how to interact with regular people. There is no Democrats vs Republicans anymore it's a shame I missed the days of true politics. Now you just have good vs evil.
How do you know if you are evil? If you lock kids in cages or approve of that you are evil. If you don't care about the planet and climate change and the world being left to our children you are evil. If you believe the white race is so special it deserves special treatment and even take that view to the point of placing the white race above others. If you believe homes should cost more for some people than others, that schools should be better for some people than others... then you belong to that group of chaotic wannabes that wear red hats and plan to overthrow local governments and you are evil. That's fine, there's always been good vs evil and the lines are clearly drawn. A vote for Biden is both a vote for good and a vote against evil.
In two weeks evil is shown the door, a new age will dawn. The supreme court will grow in numbers and importance. There should always be a balance on the court the court should never be so far one way or the other-- liberal or conservative.
Proud boys and girls can light their torches and march in circles it won't matter. Ugly, overweight white ladies will revert to their former selves, ugly, overweight white ladies.
In days past when a political party greatly overstepped their lanes they paid dearly at the polls.
Now there is talk of a blue wave. And why not? The ocean is blue when it's clean-- what other color should a wave be?
I totally agree-- in investing we must keep the politics out of it-- but I disagree that ET is a bastion for evil thinkers. That has not been my experience here or in finance. Many years ago if you worked in banking or stocks or posted here you leaned Republican but that was when the Republican party had a platform and a beating soul. Now I meet high powered folks and it just really boils down to smart vs stupid no one wants their company being run by someone stupid much less their country! I have not met one finance expert in the last year who has considered Trump anything but an unfortunate joke.
The country is unfortunately being split into those that go to college and those who don't.
Alright that being said let me talk about what a genius I am. I gave my speech about oil. Absolutely every analyst is going the other way and for good reasons I cannot counter--
however right at the close I saw something and I think what I was saying about a massive consolidation of M&A is going to turn out correct.
Speculation swirls around potential bid for EOG Resources
Oct. 16, 2020 4:38 PM ET|About: EOG Resources, Inc. (EOG)|By:
EOG Resources (EOG -1.7%) spiked as much as 4.7% in late trading just before closing lower, apparently in response to a Betaville report that market rumors say a "major oil company" is considering a bid for EOG.
The oil company evaluating a bid is not known, although the speculation centers on companies such as Chevron (NYSE:CVX), Exxon Mobil (NYSE:XOM) and Total (NYSE:TOT), according to the report.
The Betaville report is an "uncooked alert," a term it uses to refer to market gossip.<----
Power Hedge sees EOG as "a very good energy pick for investors to ride out the turbulence and get paid for doing so," according to a report posted