Well, have officially lost my mind, I agree with Cramer.
http://www.cnbc.com/id/46076635
Wish me luck, I'm going in... D:
http://www.cnbc.com/id/46076635
Wish me luck, I'm going in... D:
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After the bell, Apple will report earnings. To Cramer, it appears as though the technology company posted strong sales numbers over the holiday shopping season. In addition to its popular iPhone 4S device, the company has other new products and iterations on the way.
Earlier this week, the stock hit its all-time high, but Cramer isn’t sure that’s necessarily a good thing. If Apple simply announces a very good quarter, it won’t be enough. Then again, there are enough analysts with conservative numbers, so Cramer thinks Apple has some wiggle room.
“I think the last month of Apple's quarter may have been the biggest ever. I get that from listening to the conference calls of Apple suppliers and realizing that Apple couldn't order enough parts to fulfill demand,” Cramer said. “That's the best tell of a company's quarter I know of. I bet Apple will do the exact opposite of what Google [GOOG 585.99 -53.58 (-8.38%) did [recently] and blow away the numbers.”
Cramer's not saying anything you don't already know. Apple themselves have already guided for the first-ever $30 billion quarter ($37B to be exact). Whispers are that the iPhone sold very well, while Macs were flat from the previous sequential quarter (still double digits YoY).Well, have officially lost my mind, I agree with Cramer.
http://www.cnbc.com/id/46076635
Wish me luck, I'm going in... D:
Cramer's not saying anything you don't already know. Apple themselves have already guided for the first-ever $30 billion quarter ($37B to be exact). Whispers are that the iPhone sold very well, while Macs were flat from the previous sequential quarter (still double digits YoY).
I don't expect P/E multiple expansion from AAPL anymore, contraction has been the trend for a while now. With half of ATOT hoping for a market correction, I wouldn't load up the truck on AAPL. If everything pulls back, you'll get another opportunity with the next few months.
Good luck!
Stock option question. My wife has some stock options from work that are through etrade. They are vested now and have an option to exercise. Would exercising mean that we have to buy them at the price they were granted or sell them now for the difference in price between then and now?
Anyone else in Ford? Feels like it could go higher but feeling nervous!
Anyone else in Ford? Feels like it could go higher but feeling nervous!
Depends, if you want to hold the stocks then you'll have to fork over the cash, if the exercise price is lower than the listed price then you'll get the difference, minus fees. Everything should be sorted out by your broker, ask them.Stock option question. My wife has some stock options from work that are through etrade. They are vested now and have an option to exercise. Would exercising mean that we have to buy them at the price they were granted or sell them now for the difference in price between then and now?
It's e-trade so I guess I could just write an e-mail. From looking at their tools, looks like if I exercise it we get the difference.
Just pick up the phone. One thing to remember, they don't withhold taxes.
Really? I thought they were required by law to.
No, taxes are your responsibilities. You can request that they withhold, however.
^Good to see it worked out for you. Everytime I played with pennies, I got burned.
Thanks...
Lee is a newspaper. People think print is dead. It is not. An improving economy will easily project FCF up for newspapers as unemployment improves along with real estate. Real estate and help wanted ads are the two primary revenue generators of newspapers. Take a company like Lee that is teetering on the edge (but clearly not over it) and mix in an improving economy and walla. my mistake was trying to trade it and a handful of other stocks when I should have adhered to the value investing mantra.
1) Print is dead. Absolutely dead.
2) LEE is not undervalued. Enterprise value is still 5-6x EBITDA, which is high for a [still] highly leveraged company who's experiencing steady revenue attrition.
3) I predict another debt restructure/bk when the debt matures in 3 years.
I am a macro guy and not by my term so I don't know the answer to this maybe you do.
If he likes the equity, I assume the HY or loans are available. How do they look from a capital structure standpoint? Better than the equities, while still being able to leverage positive results in the company?
I have a post in this thread explaining that I used to work for a print company that restructured and filed bankruptcy while managing the digital strategy (which I was a part of).
If anything buying the debt would have been the move. When my company filed BK, the debt was trading for 15c on the dollar, and re-emerged with new debt + equity at ~80% value. The prior equity was wiped out. The company's stock is currently now again back to BK levels within a couple years of BK.
I'm surprised LEE got away with preserving equity and only diluting it by 15%. I had looked into it before I think but I don't think LEE has any publicly traded debt. They are all probably bank debt mixed with privately held notes.