Author Topic: COKE - Coca-Cola Consolidated  (Read 1378 times)

roark33

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COKE - Coca-Cola Consolidated
« on: May 16, 2019, 09:17:15 AM »
This report is so interesting, just the correlation between the name/ticker change and the run-up in share price.  Just amazing. 

https://static1.squarespace.com/static/58f7798829687f53ff30baf8/t/5cdb04fda4222fc0c5e6ff69/1557857535504/COKE+Short+Thesis.pdf
« Last Edit: May 16, 2019, 10:22:05 PM by Parsad »


benhacker

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Re: COKE
« Reply #1 on: May 16, 2019, 09:29:38 AM »
OMG... thanks for posting.  Amazing.
Ben Hacker
Beaverton, Oregon - USA

SHDL

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Re: COKE
« Reply #2 on: May 16, 2019, 10:14:08 AM »
This brings back embarrassing memories from years ago when I almost made this mistake when I was trying to decide which stock to buy with my first $100.  The only reason I managed to avoid it was because the word “Bottling” in the company name seemed a bit strange and made me look closer.

oscarazocar

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Re: COKE
« Reply #3 on: May 16, 2019, 10:24:58 AM »
This report is so interesting, just the correlation between the name/ticker change and the run-up in share price.  Just amazing. 

https://static1.squarespace.com/static/58f7798829687f53ff30baf8/t/5cdb04fda4222fc0c5e6ff69/1557857535504/COKE+Short+Thesis.pdf

The ticker didn't change, it has always been COKE.

Also, Exhibit 5 in the report is somewhat misleading.  This link shows a longer view.
https://robintrack.net/symbol/COKE

This isn't to say the stock isn't expensive or hasn't run up for whatever non-fundamental reasons.

roark33

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Re: COKE
« Reply #4 on: May 16, 2019, 12:50:25 PM »
Since they changed the name of the company, I think the search results come up more "confusingly" in the Robinhood app.  This is a bottling company that has doubled in the past year (and the 2018 results were pretty poor).  I am not 100% sure the reason for the doubling is the Robinhood search confusion, but it sure is funny if it is. 

stahleyp

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Re: COKE
« Reply #5 on: May 16, 2019, 01:08:26 PM »
Very good read.

Pretty amazing that such a small firm with less than $3 million of AUM has that type of impact. On May 13th (looks like this was posted on the 14th) the stock high an intraday high of a little over $413 a share down to under $317 earlier today.

Paul

Schwab711

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Re: COKE
« Reply #6 on: May 16, 2019, 02:14:56 PM »
Very good read.

Pretty amazing that such a small firm with less than $3 million of AUM has that type of impact. On May 13th (looks like this was posted on the 14th) the stock high an intraday high of a little over $413 a share down to under $317 earlier today.

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