Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Just a quick comment cleaner, with your host featured in the lower left who still, amazingly, fits in his dive skin.
Dish Network (DISH) reporting earnings before the bell on Monday morning. Early trading had the stock trading down nearly 20%. Let’s take a look at the charts and the earnings to see what happened. Both earnings and revenue surprised to the downside. Earnings came in with a surprise loss of 26 cents per share, versus expectations of a profit of 11 cents per share. Revenue came in at $3.7 billion, versus expectations of $3.82 billion.
Looking at charts below we can see the scope of the damage. The first chart shows DISH since mid-2021. After Covid, DISH topped before the broader market, and has steadily been in decline ever since. The stock is down roughly 90% since mid-2021. Today’s large drop sent the stock to new lows.(more…)
Here are some charts of companies Spruce Point Management has identified as having some issues ranging from poor management to shady accounting. The firm describes itself as: a New York-based investment management firm focused on research driven short-selling, value and special situation investment opportunities. Since inception, Spruce Point has released more than 100 forensic short reports on companies across a diverse range of industries, market capitalizations and geographies. Spruce Point’s investment approach is predicated on changing investors’ perception of a company’s value through the public sharing of new information or variant points of view. The Firm’s mission is to challenge the Wall Street status quo where conflicted analysts overwhelmingly issue glowing “Buy” recommendations.(more…)