Author Topic: DEST - Destination Maternity  (Read 28880 times)

awindenberger

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Re: DEST - Destination Maternity
« Reply #90 on: July 28, 2017, 09:55:13 AM »
Wow this stinks...  :o

Boy, now we have to evaluate DEST on its own...


roark33

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Re: DEST - Destination Maternity
« Reply #91 on: July 28, 2017, 10:44:37 AM »
I predict that if this thread goes to 50 pages, the return will be bad.

 8)

Only needed to make it to 10. 

kab60

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Re: DEST - Destination Maternity
« Reply #92 on: July 28, 2017, 12:28:12 PM »
Wow this stinks...  :o

Boy, now we have to evaluate DEST on its own...
Or take a hit and move on. Nobody was in this to own a struggling retailer for toddlers. (not saying there's no value here - I have no idea. Just don't get attached to the thing because it's too painful to take the hit. Down 50 pct. is better than down 100 pct.)

Hielko

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Re: DEST - Destination Maternity
« Reply #93 on: July 28, 2017, 02:13:18 PM »
Wow this stinks...  :o

Boy, now we have to evaluate DEST on its own...
That sounds like trying to find an excuse not to sell.

writser

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Re: DEST - Destination Maternity
« Reply #94 on: August 15, 2017, 10:03:57 AM »
I sold too. Was on vacation for a few weeks, scaled my investing activities down a bit & not always internet. Tradition holds that that is the time for my portfolio to collapse :) . A few days after the deal failed I spotted my first Destination Maternity store 'in the wild' to rub some salt in the wounds (of course it was completely deserted). No kids but already spent a fortune on baby clothing !!

I still don't think this was a terrible idea but it was risky and the end result was a trainwreck. I hope everybody sized accordingly.
When you are dead, you do not know you are dead. It's only painful and difficult for others. The same applies when you are stupid.

John Hjorth

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Re: DEST - Destination Maternity
« Reply #95 on: August 30, 2017, 03:56:55 PM »
... Was on vacation for a few weeks, scaled my investing activities down a bit & not always internet. Tradition holds that that is the time for my portfolio to collapse :) . A few days after the deal failed I spotted my first Destination Maternity store 'in the wild' to rub some salt in the wounds (of course it was completely deserted). No kids but already spent a fortune on baby clothing !!

I still don't think this was a terrible idea but it was risky and the end result was a trainwreck. I hope everybody sized accordingly.

I'm sorry for your losses, gents,

writser, I really admire fellow board members, who can walk away from a loss with good humor. It's certainly not easy.

Free advice to you: I think you need to create a new account in your general ledger: "Unforeseen expenses related to going on vacation". Just entry the loss there, so that it'll not have any influence on your track record.

Numbers are all about spin [, said the CPA.]
« Last Edit: August 30, 2017, 04:49:11 PM by John Hjorth »
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writser

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Re: DEST - Destination Maternity
« Reply #96 on: September 20, 2017, 12:03:47 PM »
Reasonable article pointing out the bull-case for DEST post-merger: link.
When you are dead, you do not know you are dead. It's only painful and difficult for others. The same applies when you are stupid.

writser

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Re: DEST - Destination Maternity
« Reply #97 on: October 17, 2017, 11:59:45 AM »
Destination Maternity Provides Operational Update Following Constructive Stockholder Engagement. Up 50% since last post. I guess there was nobody left to sell.
When you are dead, you do not know you are dead. It's only painful and difficult for others. The same applies when you are stupid.

writser

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Re: DEST - Destination Maternity
« Reply #98 on: June 20, 2018, 10:37:10 AM »
Fun fact: up another ~180% since my previous 'up 50% since last post' post. When people (including me) start ignoring the trainwreck topics the turnaround is usually close. Another example: VRX.
When you are dead, you do not know you are dead. It's only painful and difficult for others. The same applies when you are stupid.

Hielko

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Re: DEST - Destination Maternity
« Reply #99 on: June 20, 2018, 11:28:45 AM »
Or bankruptcy...