Cody Kiss & Tell: The Futr, Ratings ideas, Best plays for earnings and more
Here’s the transcript to this week’s Live Q&A Chat.
Q. Tell us a little about how FUTR is going. Certainly easy to use. YOU certainly seem to be having fun with it!
A. The Futr messaging app, and how it enables you to choose when your recipients get your messages, is definitely a LOT of fun. I’m having a blast sending out short video messages to my followers and trading “What’s Your View” photos with them. We just launched the Futr app to the Apple App Store http://goo.gl/D76Nec and Google Play Store http://goo.gl/UKiHrd last week and we’re about to start ramping up the marketing for it. It’s a very cool app and is unique and so easy to use that…well, here’s hoping it goes viral and takes off. But as always, it’ll be a lot of hard work to make it happen.
Q. With your positive view of the “genuine” foods trend that’s powering WFM, any thoughts on those who SUPPLY those foods to WFM and others? $WWAV (White Wave) is one I see discussion about, and some houses have initiated coverage on it. Others?
A. I haven’t done the work on $WWAV that I’ve done on $WFM, but I do like the idea of buying “real food” distributors.
Q. One of your All Stars posted a scuttle today about his “favorite energy/transportation play…” without naming the company. There are 3 agrees indicated. Am I missing something? How do I get the name of the company? I posted a reply; where should I expect an answer?
A. I can’t control what the All-Stars answer and don’t on Scutify, but they generally do answer every question they get as best as they can whenever they can. If you’re talking about Robert Marcin and this Scuttle https://www.scutify.com/allsta… I’d think he’ll reveal the name sometime next week. He’s out there buying it right now and he doesn’t want to compete with his readers while he’s building the position up. Marcin’s not selling any services on Scutify, rather he’s just sharing his trading ideas and analysis with the Scutify community for free after all.
Q. Fair enough, but I also wonder how 3 people agreed with the post without knowing what it was. I do understand that you cannot control that either.
A. The 3 agreements on Marcin’s Scuttle is just those people saying they like his logic and that he’s buying a name and probably that they’re excited that he’ll soon tell them what that name is.
Q. Cody: FFIV and FB results today. Any plays you have in mind for the results. What is feet to fire take on these?
A. I think $FFIV is set up to beat expectations and continue its growth trajectory. $FB’s monetizing the heck out of their 1.4 billion users and their 1 billion+ users of Whatsapp and Instagram. Expectations are higher for $FB this quarter than in past but I’d still rather be long $FB into the call than anything else.
Q. I jumped into some Aug.$16 Yandex calls when you first mentioned it and they’re up about 150%. should I sell half or do you see it going much further.
A. I always suggest trimming back when you have a huge pop like that. Maybe sell 1/3 instead of 1/2, but yea, if you nailed a 1.5x profit in three weeks, you should probably reduce it a little bit.
Q. We looked at $SONC in the past a short play – any new interest in this one as it seems to have moved off an all-time high?
A. $SONC‘s growing, unlike $MCD. Sonic’s ads, tho annoying to me, are popular and helping sell their crappy food. I ate at a Sonic in Dallas a couple weeks ago on the way to a Little League Baseball game with my nephews and nieces. I didn’t finish the burger. But anyway, I’d love to short $SONC but I’ll stick with the $MCD short as my fast-food short for now.
Q. In the same vein of my P and WFM question: I assume you don’t give much credence to MCD’s “turnaround” plan. Time to add to shorts?
A. Probably too early to add much on the $MCD, as it’s still at the levels I initiated my short position. I’d probably add to my $MCD short if it got to $102 or so.
Q. How about Synaptics as an earnings play?
A. I’d rather be long than short $SYNA. iPhone 6 unit sales thru the roof and they got $SYNA components in ’em.
Q. Hi Cody – I know they’re high risk – but are you eyeing any earnings plays this week?
A. For some feet-to-fire earnings predictions: I’d rather be short than long $GPRO. I’d rather be short than long $EBAY. I’d rather be long than short $GOOG. I’d rather be long than short $FB.
Q. There have been some who have relegated SNDK to the penalty box based on recent disappointing results and guidance. Your latest position list dated April 2 rates SNDK at 8 compared for example with AAPL and FB which were both at 7. Questions (1) How often is this list updated? On TWC site the current lists are Dec 3, Dec 29, March 5 and April 2. Seems to me it should be a little more often/regular. (2) When will we see a new revised list? (3) What is your current opinion/evaluation of SNDK?
A. I update the Latest Positions and the Revolution Investing ratings for each of those positions about every two or three weeks. As for $SNDK, I wrote thishttps://twc.scutify.com/articl… about it specifically three weeks ago and I still think it’s about a 7/8 as a long-term investment and probably a 5/6 as a short-term investment, so I’d probably call it a 6 or a 7 Revolution Investing rating overall right now. I’ll do an updated Latest Positions with latest ratings for you guys tomorrow.
Q. Would it make sense, when you put out the new position list, could you indicate which items have changed since the last one? Important info! The list could simply have two columns: previous rating and current rating.
A. Yes, great idea. Will add this: The Latest Positions List could simply have two columns: previous rating and current rating.
Q. I have not purchased any options and don’t have much knowledge on it. How should i protect my portfolio against any correction? Stay with more cash always ? If so, by what % ?
A. I wouldn’t worry about options if you’re not entirely comfortable and/or don’t have any experience with them. As for protecting your portfolio without options, you could consider shorting some SPY or another ETF outright or yes, you can just focus on raising some cash when times are good and being patient for the next good pitches.
Q. Good morning/afternoon, Cody. Just want to check in with you on two “active” stocks this week. Both $P (licensing changes may help?) and $WFM (growing competition/price cutting?)have gone counter to what we hope. Do you see both as opportunities to add another tranche at this point or should we wait till this Pandora optimism and Whole Foods pessimism work themselves out and then add?
A. $WFM is up big for us since we first added it in the $30s and I certainly don’t expect it to go straight up forever. I do think this recent pullback into the high $40s is probably a buying opportunity for the long-term and would likely add to my own existing long common$WFM position if it got to the mid $40s. $P‘s up like 3% since I added it as a short position last week and if it gets up into the $18s I would likely short another tranche in it.
