February 01, 2010
– Comments (6) |
RELATED TICKERS: REV
Just saw a Revlon commercial with Jessica Alba...
Can't go wrong with Jess...
Are you the Bizarro Buffet?
Do you get your buy list from my under-performing red thumbs?
Did the Jessica Alba commercial make you want to wear Revlon's make-up?
Inquiring minds want to know.
At least you're 50% right on this one!
Not bad for someone who admits wearing their wife's clothes! :)
TSIF, but keep in mind my wife's clothes I wear are not just any clothes. They are Talbot's.
And I don't think I'm the only one who likes them as TLB just hit the $12 mark today... :)
Chris, just to answer your question, I liked Revlon's make-up long before they got Jessica to do their commercials, but Jess got me interested in their stock.
I think it's a winner. At least, short term... :)
Q3 without interest is $ .90. They finally got costs under control. As the balance sheet improves from its ugly state, can they get new debt at lower rates to pay off some of the high cost debt? Down the road this has $3.00 earnings potential + tax loss carry forwards. Would Perelman sell? How much are the brand names worth? I'm just trying to figure how cheap I can get it. Probably should take a partial position here.
I don't see you playing REV or TLB right now on CAPs. You got out of TLB twice on quick calls, but no staying power? No conviction? Especially considering your up market calls?
First time I closed TLB, it was because of my strategy to close as many calls above 5 green points as possible. The second time, I closed it because of the same reason + because it came very close to my $12 target (but a little too fast). Right now, I'm not planning on picking TLB again unless I start liking the chart again.
On REV, I dropped the ball by saying it's a buy and not picking it myself. This post was actually a joke, but nobody got it, I guess. I was very bored that night.
However, I do think REV can easily surprise (on the up-side), and I will pick it (short term) as soon as I have a spot available (right now have full 200 picks).
What a bloodbath today, don'y you think? I haven't expected it at all. Just yesterday, I posted this.
Well, I guess 3 months off will be a good thing for me...