1st half 19 thread

I was hoping for the pullback so I could get involved.....looks like I will have to wait a while longer.

Buck,

I have a few comments on HEAR. I think you are looking at things that make it seem like a smart investment but also ignoring other things that maybe show it isnt as much.

Yes it is selling at 1X sales but should it be trading at a large number higher given their low margins and sales growth? Their operating margins are like 16% and with a 4 year period of no growth what multiple does it deserve?

They are paying more in interest expense on that 30M in debt than they are making in operating cash flow. I noticed that they "improved" their numbers not by growing sales this year but by cutting costs in the face of reduced sales. That is a smart thing but it does not support a high multiple or an expansion of multiple.

These guys have been around a long time and I dont see a ton of sizzle here, what are you seeing is a catalyst for growth? I also think your share count is way off...how could they have 14M in shares and just did a 4 for 1 split in the last year? Did they have like 3M shares before that? And in the past they had a 5 for 1...so the numbers are weird. Maybe they play that moronic share buyback game?

I dont see a ton of reason to think it has huge upside due to the lack of sales growth, low operating margin and not really generating strong operating cash flow relative to market cap?

Buck. I admire the confidence as well as the generous offer but I would never accept for you to cover any losses I might incur. I have no doubt that you know what you are talking about and the charts back you up, but I must say a remain hesitant. I went into a few forums after reading your post and the manipulation accusations are all over the place. It's never as easy as it seems whenever I get involved in something like this.

You have no idea how hard it is for the buy and hold crowd to get involved in this swing trade game. 

Negative on HEAR. I'm not sold on the sustainability of their recent growth and options aren't really my thing.....nice market rally this week though. I did pick up some QQQ at 170 in the hopes of a China deal though. If the deal with China comes through, the QQQ will start rolling. 

Hope you are feeling better Buck!

JEZZZZ.....What happened with HEAR after hours today???? 

Just checked the ticker and see it's down 13% after the bell. 

Let me know your thoughts Buck. 

Does yes, doing now no way...

Premiums are inflated in both directions and I am blinded by this bloated FED fueled market...there is no way I would be long any options and that is the direction to go until something breaks. There is no economic cycle, only the FED.