Short Pick: Under Armour Hype Will Take Back Seat To Weak Fundamentals This Week

Under Armour (NYSE: UA) will report 3rd quarter financials on Tuesday and Wall Street continues to be Bullish.

Equities Research continues to Warn Investors to stay away from this high flyer and focus on the weak fundamentals and not the Hype! At end of day the rising debt, high interest expenses and declining operational cash flow will be reflected into a lower stock price.

Trade Card from Capital Market Laboratory

 

UNDER ARMOUR WARNING JANUARY 2016

UNDER ARMOUR WARNING MARCH 2016

Equities Research Short Pick Under Armour August 2007 Short @ $68. Shares slid to $15

Performance of Recent Short Picks from EQUITIES RESEARCH

• Titan  Machinery : More Related Party Transactions
• Titan Machinery: Directors Draining All Cash In Related Party Deals 

Long Pick Hershey Up 8% in 4 months in Down Market

July 1, 2015 Equities Research pick Hershey (NYSE: HSY $95.28) is up $7 for an 8% gain (adjusted for dividend).
Over the same 15 week period , The Dow Jones Industrial Average has loss 2.3% falling from 17,819 to 17,215 (604 points lower), while the S&P 500 Index has loss 30 points declining from 2063 to 2033, a -1.5% drop.

Daily and weekly charts with Fibs.

http://www.metastock.com/offer/?whc=suttmeier&pc=eq-SUTTMEIER&&rfr=ms

Courtesy of MetaStock Xenith

Richard Suttmeier
CEO / Founder
Global Market Consultants, Ltd.
813-929-9702
813-777-3529 - Cell

Morningstar Assigns “A+” Credit Rating to Hershey

Hershey will report FY2015 Q3 financials pre market on 

Wednesday October 28,2015.


The Hershey Company (HSY) Trade Card™ from Capital Market Laboratories 

Tuesday, April 14, 2015

Ophir Gottlieb, CEO, Capital Market Laboratories is A Genius

Two Years Ago Today, A Warning That Has Been Cut In Half

NAME	TICKER	4/9/2015	4/9/2013	Perform	2/22/2013	Perform
Titan Machinery	TITN	$13.58	$26.12	-48%	$28.67	-53%
Standard & Poors 500 index	GSPC	$2,091	$1,568	33%	$1,502	39%

On April 9,2013, the day before Titan Machinery (NASDAQ: TITN) reported FY2013 annual financials, Equities Research Warned the public that the stock @ $26.12 was overpriced based on fundamental research.

On February 22,2013 Equities Research Newsletter Subscribers were given the Warning the Febrausry Newsletter @ $28.67

Today @ $13.58 I continue to Warn on Titan Machinery as the company prepares to release FY2015 Annual financials next Wednesday April 15th before the market opens.

March 9,2015 Warning preliminary FY2015 annual financials released

TITAN ANNOUNCED THEY EXPECT YEAR END LOSS OF $32 MILLION AND WARNS COMPANY IS IN NON COMPLIANCE WITH COVENANT OF WELLS FARGO NOTE, BUT CHAIRMAN SETTLES INVESTORS BY SAYING HE ANTICIPATES A 6TH AMENDMENT From the lender. 

The bond (2019) fell to an all time low that week to $66.50 yield 14.88% , but after the Chairman stating he anticipates the lender to amend the covenants, which would be for a 6th time and 4th tim in 1 year, BOND IS NOW TRADING UP 12% since the low less than a month ago.

What's very dangerous for stockholders and bondholders is THE RISK of default if Wells Fargo Does NOT Amend Covenant on the terms of the $150 million convertible Note for a 6th Time.
 The public disclosure that is due out in the 10K regarding how Wells Fargo will handle the company which is  expecting to be in noncompliance with the current minimum income before income tax covenant as of the end of its January 31, 2015 fiscal year.

•  Chairman Meyer stated last month in a press release that "The Company anticipates amending this covenant associated with this credit facility effective as of the end of its January 31, 2015 fiscal year and for future periods, and therefore does not anticipate being in violation of any covenants as of January 31, 2015."

INVESTORS LONG THE STOCK AND BONDS NEED TO HOPE THAT WELLS FARGO MAKES A 6th Amendment like Chairman Meyer Anticipates.

Don't Trust Titan Machinery's Guidance