Why Would Any Investor Buy Coinstar?

[Deleted]

i'm short CSTR, the program i trade is suggesting this short position plus this article is negative on the company's future.... remember, use your own due diligence and this author could be all wrong....
seekingalpha.com/article/241457-why-would-any-investor-buy-coinstar

[Deleted]

!!! warning !!!
the big guys can push the prices of this stock all over the place without any reason....
to protect profits stops should be used, but stick to your guns if you think this company is toast...
stockcharts.com/h-sc/ui?s=CSTR&p=D&yr=0&mn=4&dy=0&id=p88813846449

[rovo]

I read the article and CSTR doesn't look too good in the short term. It really depends on whether or not the company can change track quickly. I've seen companies reinvent themselves but it is very difficult to do so.

[yclept]

Ultimate doom seems likely. The problem I would have is that it's probably going to require patience to let it play out. I'm already trying to be patient with two short positions DGZ (double short gold), and EPV (double short Europe) -- I just picked up this one a few days ago and it's already going against me 7%. I've used up my full allotment of patience!

Edit: I was wrong about DGZ above. It is not leveraged, but just short gold. Getting confused like that about holdings is often an indication that I'm getting too many tickers. Maybe it's time to take some chips off the table if only to keep the stacks toppling over and getting all mixed up.

[livinincali]

I held CSTR from 44 something to 56 something on a technical play about a month ago but it doesn't look very good now.

[Deleted]

just covered my short in after hours with a $17 dollar per share profit
moneycentral.msn.com/detail/stock_quote?Symbol=CSTR

[Deleted]

Market Report -- In Play (CSTR)
January 13, 2011 4:31 PM ET
Coinstar sees Q4 revs below prior guidance; lowers Q4 EPS outlook; sees 2011 revs between $1.70-1.85 bln, consensus $1.87 bln The company expects revenue for the fourth quarter of 2010 to increase 31% year over year to $391 million, Thomson Reuters consensus $426 mln, compared with previous fourth quarter 2010 guidance in the range of $415 million to $440 million. As a result, the company expects fourth quarter 2010 GAAP earnings per share (EPS) from continuing operations between $0.65 and $0.69 on a fully diluted basis, compared with guidance in the range of $0.79 to $0.85, consensus $0.83. The company expected stronger performance from the titles scheduled for release during the 2010 fourth quarter holiday season, particularly from the slate of 28-day delay and higher-priced Blu-ray titles, despite a 16% lower box office for scheduled releases compared with those in fourth quarter 2009. In addition, in anticipation of demand for new releases that did not materialize, redbox removed older inventory early, impacting revenue and gross margin. Further, redbox consumers utilized "rent and return anywhere" to a higher level than expected, which caused temporary imbalances in available titles across the kiosk network. Coinstar also has revised its initial outlook for full year 2011 and now expects revenue between $1.70 billion and $1.85 billion, consensus $1.87 bln, adjusted EBITDA from continuing operations between $325 million and $355 million, and GAAP EPS from continuing operations between $2.60 and $3.10, consensus $3.27, based on a share count of 33.3 million.

[Deleted]

i made enough from the CSTR trade that i don't need to trade for the next 3 months.... first time i ever made this much in such a short time.... it feels the same as a grand slam home run must feel, that wins the world series tehehe

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[rovo]

Great play. I think we will see more opportunities for some good shorting plays through most of this year. Did you see LEDS today?

[Deleted]

Did you see LEDS today?

no, but i wish i had shorted it as well.... Wow!!stockcharts.com/h-sc/ui?s=LEDS&p=D&yr=0&mn=3&dy=0&id=p85429292891