Monthly Archives: August 2015

Planet Fitness: Not As Fit As It Appears

As with most IPO’s, Planet Fitness (PLNT: $16/share), home of the $10-a-month gym membership, is going public at a time when business is booming and sentiment is strong. It is one of the largest fitness centers in the country and boasts rapid store, membership, and revenue growth. Management and Wall Street tout plans to keep…

Just How Big Is The Gold Market?

With gold’s recent volatility and price drop, we’ve heard a lot of noise from pundits and analysts. Consequently, this seems like a great time to ask certain basic questions about this oft misunderstood market. For example, just how big is the gold market? Where does gold fit into the modern financial landscape? Why does gold…

Is Your Home’s Value At Risk?

 “Nothing is a buy at any price; almost anything is a buy at some price.” How often do we wonder what a house is worth? All the time. How often do we consider what another housing crash would do to it? Hmmmm…not so much.    Most people care only about comparable prices (“comps”) and the…

The BEA Is Still Overestimating Growth

Back in May, I penned a missive entitled “If You Don’t Like It, Change It” which discussed the pending changes to the GDP calculation by the Bureau of Economic Analysis (BEA). To wit: “Now, for all of you playing the home version of “Nail That GDP Number,” it was just a couple of years ago…

Lumber Liquidators Holdings Inc. Plunges After Quarterly Losses

The stock price of Lumber Liquidators Holdings Inc (NYSE:LL) Holdings plunged more than 27% to $13.30 per share (around 3:24 PM EDT) after reporting losses for the second quarter.   The hardwood flooring retailer also announced its expectation that a regulator would file a claim related to the formaldehyde allegations. Lumber Liquidators financial Results Lumber Liquidators posted…