What makes you say this? Commercial RE? SFH? Multi?Brewmaster said:
I know real estate is due for a pullback, but I can't help but think it also rockets even more (if inflation goes sky high, along with metals).
What makes you say this? Commercial RE? SFH? Multi?Brewmaster said:
I know real estate is due for a pullback, but I can't help but think it also rockets even more (if inflation goes sky high, along with metals).
Brewmaster said:
I think Heineken mentioned this (real estate is due for a pullback part). I added the rest, real estate is a hard asset right? Fiat U.S. dollars are not, we have printed 10x as much money as we had in the late 70's, but inflation is up roughly 3x in that time span. Not trying to paint a doomsday scenario, but just some food for thought.
I just read Heineken's posts on the previous page, "70's and 80's, but on a grander scale". That should give everyone, even our resident perma bull BES, a bit of concern.
on that note, Spoony, you got any land you can sell me? I'll brew the beer, you raise the chickens and eggs! maybe beer and goats? lol
Quote:
Under Armour (NYSE:UAA) shares were deep in negative territory in Thursday's premarket trading as the company's failure to manage inventories, disappointing promotional campaigns, and strategic missteps resulted in disappointing results for FQ4, and profit guidance for FY25 that was significantly below Wall Street's expectations.
The company earned an adjusted profit of $0.11 per share which was three cents above expectations, but down 39% a year ago on a 5% decline in revenue. Wholesale revenue was down 7%, while DTC revenue was flat. By category, apparel sales dropped 1%, accessory sales fell 7%, and footwear revenue was down 11% from a year ago.
With the help of lower freight costs, the company's gross margin improved 170 basis points to 45%.
By region, North American sales were down 10% while international sales were up 7%, bolstered by strength in Latin America (+20%), followed by EMEA (+10%), and Asia/Pacific (+1%).
In recognition of the challenges facing the company, Under Armour (UAA) said it will undertake a restructuring plan that will result in pre-tax charges of approximately $70M to $90M including up to $50M in cash-related charges consisting of employee severance and $40M in non-cash charges.
"Due to a confluence of factors, including lower wholesale channel demand and inconsistent execution across our business, we are seizing this critical moment to make proactive decisions to build a premium positioning for our brand, which will pressure our top and bottom line in the near term," CEO Kevin Plank said.
To that end, Under Armour (UAA) now expects revenue to decline by low-double digits which includes a 17% decline in North America as the company works to "meaningfully" reset this business after years of heightened promotional activities.
That's your call, and you might be right. But the play I identified has support significantly broken. I don't hold when that happens. I wait for a promising new setup to buy back. Holding losers is how you dig holes. You might end up ok on some, but I bet the track record isn't great. Money is best spent on good setups with defined risk reward.giddings_ag_06 said:
I'm just going to keep holding. I was about even going into today so just going to hold tight and let it ride. Kevin Plank is a good CEO and they mentioned a buyback. No one should have realistically expected a great quarter in his first earnings report back.
https://finance.yahoo.com/news/iss-independent-proxy-solicitation-firm-203000258.htmlsts7049 said:If you own shares of $WWR, you need to register by May 29, to vote on the proxy’s. I encourage every stockholder to vote NO to #5 (increase in authorized shares 100M to 200M). Dilution of further share value is unacceptable. If shares are held by broker, instruct them. pic.twitter.com/Jzos4gWGkO
— OA1 Disciplined Trading Service www.OA1Trading.com (@oldarmy1) May 12, 2024
agdaddy04 said:
On morning of earnings I put in a sell order for all my shares at $95. Tempted to just leave that there, but curious about your thoughts.
The day after earnings I bought 90c's for expy tomorrow. I finally closed out that loser Tuesday at about $85.agdaddy04 said:
On morning of earnings I put in a sell order for all my shares at $95. Tempted to just leave that there, but curious about your thoughts.
Maximus Johnson said:
averaging 3% gain daily...
Wait for a good setup to form. Daily MACD is crossinig back down. No need to time the bottom. Earnings not until June 13.bhanacik said:
ASO touched that $55 target this morning that HA mentioned a while back. I'm just watching for now as the charts to me don't look good. I got stopped out on shares back in April and haven't re-entered.
sell half your HUMA.Maximus Johnson said:
I just want to say thanks to this board I have been averaging 3% gain daily on my play money/savings account. I don't know my ass from a hole in the ground when it comes to stonks or the stonk market in general.
I feel like I am getting greedy not selling HUMA at 100% profit. If only I could wrap my head around how calls worked......
My bullish setup broke in a big way. This is likely a corrective bounce. Could pay off nicely, but I need it to prove itself a little before considering anything.flashplayer said:
No one else looking at AMD I guess. I have been wondering the last couple days if it was at the start of an up move. So far it is.