Mike Arnold
Value, growth at reasonable price, long only, tech

Consider Taking The Last Few Puffs Of The Ambassadors Group 'Cigar Butt'

Ambassadors Group (NASDAQ:EPAX) ("EPAX" or "the company") is the quintessential cigar butt stock, where investors are offered to take the last few puffs of another investor's discard for a nominal price, or even for free. Cigar butt investing, as the name implies, certainly isn't a glamorous style of investing. It is especially unglamorous when compared to finding the next 10-bagger like Netflix (NASDAQ:NFLX) or Amazon (NASDAQ:AMZN), but that doesn't mean the merits of such investments are not worthy of capital allocation. Many times cigar butt investing offers very attractive risk/reward scenarios, as in the case of EPAX.

EPAX is a very interesting investment opportunity at current prices, where net cash makes up most of...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details