Subprime Auto Finance. A bubble inflating.

See our co-authored post on Seeking Alpha:  Auto Finance:  Another Subprime Bubble?...

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Ferrari or VW Bug? Same price, you pick.


Valuations are converging:  What are the implications? Investors are not differentiating enough between companies.  Value indifference creates opportunity for active managers.  Market declines will be sharper.  Managers should become more conscious of valuation and implement strategies along growth and quality lines.  (If you coul...

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Alpha generated on short recommendations, update

We track performance for two sets of stock recommendations:   1) stocks from Company Reports and  2) stock warnings from Stock at Risk updates.  The weekly Stock at Risk updates are based primarily on Stocks at Risk model results.  The Company Reports are published after further fundamental analysis. 1.  Performance of Stocks fro...

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Kate Spade: Trees don’t grow to the sky

kate 20180818a

Kate Spade's (KATE) stock closed down hard after rising 10% this morning on a strong earnings report.  What changed in a few short hours? The press release revealed healthy 49% Y/Y sales growth and a 5 cent EPS when the market was expecting slower growth and only breakeven results.  But when Craig Leavitt (Co-Pres and COO) and Georg...

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