It's a solid company. Revenue is trending up. The chart looks kinda flat possibly due to unfavorable operating expense number from the last earning report. Q3 is scheduled Nov 6. I'm guessing the holders are holding out for an upbeat guidance or they would punish it for not having expense under control.
Really these two would be near top of list of stocks not to own ...
Restaurant stocks in general are overvalued, used to eat at pnra all the time, now its like 8-9 bucks for a mini half sandwich and soup ... Prices going up as sizes shrink ... And now there are way more better options at cheaper prices in the fast casual space ...
ibm been scarifying future growth for years ... Downsizing, treating employees like meat (talent pool getting shutty), and taking on more easy QE debt to buy back/prop stock
GL
--------
if u looking for a boring hold for 20 year type play in resource area pays check out msb (I love at 20 or under long term) and sbr (I love at 45 and under long term)
Speaking of restaurant stocks and speaking of IPOs
http://www.bloomberg.com/news/2013-10-04/potbelly-jumps-in-trading-debut-after-105-million-ipo.html
Just wanna say I've been to this place before as there is one 5 mins from where I live and it is pretty bad. I wouldn't really say the food is awful but I was shocked when I saw that headline, didn't even realize it was that big of a company. I'd be surprised if it made it....
http://www.bloomberg.com/news/2013-10-04/potbelly-jumps-in-trading-debut-after-105-million-ipo.html
Just wanna say I've been to this place before as there is one 5 mins from where I live and it is pretty bad. I wouldn't really say the food is awful but I was shocked when I saw that headline, didn't even realize it was that big of a company. I'd be surprised if it made it....
This will work in the economies favor eventually.
Once the slightest hint of demand hits it will force a massive hiring boom.
I honestly feel like we are on cusp of a major upswing like we have never seen in our lifetime.
All we need is a little good news.
Its coming.
Your kidding right?
the second demand takes off (not happening anytime soon anyway) so too will inflation... The real economy barely growing with zero rates for years and years ... Only reason stocks so high cause of easy money ... All the big guys can take on cheap debt ... Buy back stock and pad their EPS to make the numbers they want... Future growth has been sacrificed in order to enrich the 1% more and create greater global inequalities between the rich and poor...
Also long term UE will be a huge drag on economy long term ... People sitting at home just getting by on UE or some form of government assistance losing/having no skills ...
plenty of jobs to be had doing skilled (becoming more technical rapidly changing etc) manufacturing ... Nobody to fill um ...
We now a nation of bartenders/waiters only major job growth area
plenty of jobs to be had doing skilled (becoming more technical rapidly changing etc) manufacturing ... Nobody to fill um ...
We now a nation of bartenders/waiters only major job growth area
BUSTED
U.S. Foreign Service Officer Charged With Conspiracy
To Defraud the United States and to Commit Bribery and Visa Fraud
-Scheme Allegedly Yielded Millions of Dollars in Bribes-
To Defraud the United States and to Commit Bribery and Visa Fraud
-Scheme Allegedly Yielded Millions of Dollars in Bribes-
WASHINGTON - A U.S. Foreign Service Officer, Michael Todd Sestak, 41, has been arrested and charged with conspiracy to defraud the United States and conspiracy to commit bribery and visa fraud, U.S. Attorney Ronald C. Machen Jr. and U.S. Department of State Diplomatic Security Service (DSS) Director Gregory B. Starr announced today.
Sestak appeared this afternoon before the Honorable Magistrate Judge Deborah A. Robinson in the U.S. District Court for the District of Columbia. He was arrested on May 13, 2013, in California and had been ordered held without bond following a hearing in the U.S. District Court for the Central District of California. He was removed to the District of Columbia, where the criminal complaint, dated May 6, 2013, was filed against him. Magistrate Judge Robinson ordered that he remain in custody pending further court proceedings.
According to the government’s evidence, Sestak was the Non-Immigrant Visa Chief in the Consular Section of the U.S. Consulate in Ho Chi Minh City, Vietnam from August 2010 to September 2012.
The investigation revealed that, beginning sometime in or around March 2012, Sestak agreed to approve visas to the United States for a fee. According to an affidavit filed in support of the criminal complaint, he conspired with other U.S. citizens and Vietnamese citizens who worked to recruit customers - or to recruit other recruiters - to the visa scheme. Co-conspirators reached out to people in Vietnam and the United States and advertised a money-back guarantee for a visa to the United States. They particularly advertised that they could obtain visas for people who would not be able to obtain a visa on their own, such as people who had been previously denied or refused entry into the U.S. They encouraged customers with the idea that they could overstay their visas and disappear in the United States.
The affidavit alleges that co-conspirators assisted visa applicants with their applications and prepared them for their consular interviews. Upon submitting an application, the applicants would receive an appointment at the Consulate, be interviewed by Sestak, and approved for a visa. Applicants or their families paid between $20,000 and $70,000 per visa.
Applicants paid for their visas in Vietnam, or by routing money to co-conspirators in the United States. According to the affidavit, Sestak received several million dollars in bribes in exchange for approving the visas. He ultimately moved the money out of Vietnam by using money launderers through off-shore banks. Co-conspirators also had money laundered through off-shore banks to bank accounts in the United States, the affidavit alleges.
To date, the investigation has seized over $2 million from a co-conspirator’s investment account in the United States.
Two women have been charged in the scheme.They are Hong Vo, 27, an American citizen, and Truc Tranh Huynh, 29, a Vietnamese citizen, who are charged with conspiring with Sestak and others. Vo allegedly assisted with the recruitment of visa applicants and communicated with others about the payment for the fraudulent visas. According to charging documents, fraudulent visas granted by Sestak were connected to an Internet Protocol (“IP”) address controlled by Vo. Huynh allegedly participated in the visa scheme by obtaining documents necessary for the visa applications, collecting money and providing model questions and answers for visa applicants. Sestak also allegedly approved a visa for Huynh to the United States, the application for which was submitted by the IP address controlled by Vo.
Vo was recently arrested in Denver and is being held there while awaiting removal to the District of Columbia. Huynh was arrested June 3, 2013, and appeared today in the U.S. District Court for the District of Columbia. She remains held without bond pending further proceedings.
Charges contained in criminal complaints are merely allegations that a defendant has committed a violation of criminal laws and every defendant is presumed innocent until, and unless, proven guilty.
The case is being investigated by the U.S. Department of State Diplomatic Security Service and Assistant U.S. Attorneys Brenda J. Johnson and Mona N. Sahaf of the National Security Section and Catherine K. Connelly of the Asset Forfeiture and Money Laundering Section.
Not very often you see this mentioned in the mainstream media
"We witness that there is a relationship between government, media and industry(corporations) that is evident even at this most spurious and superficial level. These three institutions support one another. We know that however cool a media outlet may purport to be, their primary loyalty is to their corporate backers. We know also that you cannot criticise the corporate backers openly without censorship and subsequent manipulation of this information."
Russell Brand and the GQ awards: 'It's amazing how absurd it seems'
The comedian on his evening at the GQ awards, from which he was ejected after cracking a joke about sponsor Hugo Boss
http://www.theguardian.com/culture/2013/sep/13/russell-brand-gq-awards-hugo-boss
"We witness that there is a relationship between government, media and industry(corporations) that is evident even at this most spurious and superficial level. These three institutions support one another. We know that however cool a media outlet may purport to be, their primary loyalty is to their corporate backers. We know also that you cannot criticise the corporate backers openly without censorship and subsequent manipulation of this information."
Russell Brand and the GQ awards: 'It's amazing how absurd it seems'
The comedian on his evening at the GQ awards, from which he was ejected after cracking a joke about sponsor Hugo Boss
http://www.theguardian.com/culture/2013/sep/13/russell-brand-gq-awards-hugo-boss
So how much are YOU getting?
Frances O'Grady will tell a conference that the economy has grown by £60bn in the last four years, while household disposable incomes have risen by £1bn.
http://www.bbc.co.uk/news/business-24775443
USA situation
Last 10 years, USA economy up by 1.75 Trillion real dollars
http://www.multpl.com/us-gdp-inflation-adjusted/table
USA household disposable income DOWN by about $1000 per household
http://www.multpl.com/us-real-income-per-capita/table/by-year
:anichamp4
Frances O'Grady will tell a conference that the economy has grown by £60bn in the last four years, while household disposable incomes have risen by £1bn.
http://www.bbc.co.uk/news/business-24775443
USA situation
Last 10 years, USA economy up by 1.75 Trillion real dollars
http://www.multpl.com/us-gdp-inflation-adjusted/table
USA household disposable income DOWN by about $1000 per household
http://www.multpl.com/us-real-income-per-capita/table/by-year
:anichamp4
Profits by the "people in charge" are no longer only being made abroad and passed around the US population
The US population itself is being targeted for making profits
I'm always amazed by the ragged trousered philanthropy of populations who vote for more poverty
It must be a form of Darwinism
The US population itself is being targeted for making profits
I'm always amazed by the ragged trousered philanthropy of populations who vote for more poverty
It must be a form of Darwinism
