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Andrew Shapiro  

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  • Keep Shorting Netflix - There Is Still Money To Be Made [View article]
    Talk about monday morning quarterbacking.

    This was a 2011 article and NFLX did indeed swoon quite heavily subsequent. Not every short is a play to $0/share.

    There is a legitimate market function that short-selling provides. What is the value you feel is too much for NFLX? You think the stock price will stop there? Should investors short NFLX above your price?

    BTW The short play in NFLX totally different than why people are shorting TASR
    Aug 18, 2015. 06:37 PM | Likes Like |Link to Comment
  • Real Industry: A Little Known Investment Firm Riding Aluminum's Coattails Higher [View article]
    Frankly with all the other earnings announcement and the ridiculous 5:30AM pacific time for the originally scheduled call I am thankful for the reschedule.

    Also the reasons for the delay are common occurrence for companies who just made a large acquisition
    Aug 11, 2015. 09:58 AM | 1 Like Like |Link to Comment
  • Will Undervalued CVSL Prove To Be A Multi-Bagger? [View article]
    @ATI Hope the distribution network is as powerful as you say. Just heard on the Mace Security Int'l conference call that $CVSL and $MACE had struck a deal for CVSL to have and implement the roll-out of the new Mace Alert 911 product <http://bit.ly/1Tgz0dR>; in the direct to consumer channel.
    Check out this short video on Mace Alert 911 here http://bit.ly/1Tgz0u9
    Aug 10, 2015. 02:49 PM | Likes Like |Link to Comment
  • Open Letter To CVSL's John Rochon [View article]
    just heard on the Mace Security Int'l conference call that $CVSL and $MACE had struck a deal for CVSL to have and implement the roll-out of the new Mace Alert 911 product. http://bit.ly/1Tgz0dR

    Check out this short video on the product http://bit.ly/1Tgz0u9 Could be great product sold within the CVSL network.
    Aug 10, 2015. 02:09 PM | 1 Like Like |Link to Comment
  • Willbros Group - Opportunity Strikes In This Beaten-Down $2 Oil Stock [View article]
    This is what I posted on July 25, in advance of the earnings release
    http://seekingalpha.co...

    "We are long term investors with a long term focus. I would not be happy to see q/q deterioration in operating (not backlog) results and progress on Sg&A cuts.

    Still expect backlog decline q/q but how deep? Does it trough and begin to grow before this company loses more sell-side analyst coverage.

    Company's policy of only sell-side analysts being allowed to ask Q's on the conf calls is another self inflicted wound waiting to happen. less Q's = less answers = less transparency. Stupid for a company that needs to turnaround perceptions of its prospective customers and sources of capital."
    Aug 9, 2015. 06:07 PM | Likes Like |Link to Comment
  • In A Year Of Major Events For Reading International, Wanda's Purchase Of Hoyts Turns Our Head [View article]
    Reading just reported record Q2 results.

    Reading International Announces Record Second Quarter 2015 Resultshttp://http://bit.ly/1gkwDEK

    Even after backing out non-recurring proceeds and gain from Moonee Ponds sale, very strong and good quarter. Net debt is now down to only $81MM. Adjusting for the $40MM to come in from Burwood sale, net debt less than $41MM!
    Aug 7, 2015. 10:36 PM | Likes Like |Link to Comment
  • Willbros Group - Opportunity Strikes In This Beaten-Down $2 Oil Stock [View article]
    Sorry didn't clarify: Better than I (don't know about "street") expected. But even that still won't be confirmed until AND IF the conference call script and answers to questions from sell-side analysts (the only individual Mr. McNabb allows to ask questions) provide sufficent transparency and guidance as to further and very necessary additional cost cuts in Oil/Gas segment and corporate allocable S,G&A.

    You are correct, there are many one-time non-recurring items in that total loss number.
    Aug 7, 2015. 09:12 AM | Likes Like |Link to Comment
  • Willbros Group - Opportunity Strikes In This Beaten-Down $2 Oil Stock [View article]
    I think better than expected but that won't be confirmed until AND IF the conference call script and answers to questions from sell-side analysts (the only individual Mr. McNabb allows to ask questions) provide sufficent transparency and guidance as to further and very necessary additional cost cuts in Oil/Gas segment and corporate allocable S,G&A.
    Aug 6, 2015. 09:23 PM | Likes Like |Link to Comment
  • Reading International reports Q2 results [View news story]
    Even after backing out non-recurring proceeds and gain from Moonee Ponds sale, very strong and good quarter. Net debt is now down to only $81MM. Adjusting for the $40MM to come in from Burwood sale, net debt less than $41MM!
    Aug 6, 2015. 07:00 PM | Likes Like |Link to Comment
  • Par Petroleum beats by $0.19, beats on revenue [View news story]
    Good quarter
    Aug 6, 2015. 06:54 PM | 1 Like Like |Link to Comment
  • In A Year Of Major Events For Reading International, Wanda's Purchase Of Hoyts Turns Our Head [View article]
    There are 23,326,074 total shares of Reading outstanding comprised of 21,745,484 shares of Class A Nonvoting Common Stock $RDI and 1,580,590 shares of Class B Voting Common Stock $RDIB.

    The shares own an equal % of the company's economics so the RDI shares represent over 93% of the economics of Reading.

    Jim Cotter Sr's' estate, trusts and children own both RDI and RDIB shares (but primarily RDI non-voting shares) representing in total about 25% of the total economics of the company.

    While a small portion of the economics, Cotter Sr's estate and trusts (He just died this past September) also own around 68% of the RDIB voting shares and presently control the company and its board. However that is now being fought over.

    While both classes publicly trade, the 21.75MM RDI shares are far more liquid and are components in the Russell 3000, 2000 and Micro-cap indices. These shares have been trading about 100K shares a day lately.

    The 1.58MM RDIB shares trade very rarely 'by appointment only' because around 68% of the entire issue is held by the Cotter estate and trusts; 13% by Mark Cuban, 4% Teton Holdings (Gabelli Funds), 2% DFA funds 2%. Pico Holdings has a bunch too. All told maybe 100-150K RDIB shares in total are in the "float" and maybe a few hundred shares might trade in a given day, maybe none.

    Hope this briefing helps.
    Aug 5, 2015. 09:26 AM | Likes Like |Link to Comment
  • Mercer EPS in-line, misses on revenue [View news story]
    Big MERC news being missed and not highlighted is that the company has is going to pay its first ever dividend and initiate a quarterly dividend policy that appears to be at a rate of $0.46/share a year.
    Jul 30, 2015. 04:57 PM | Likes Like |Link to Comment
  • Birks Group Is On The Verge Of Bankruptcy [View article]
    Definitely long gone from this. Andruskevich is gone
    You need to read who is Montrovest and the related party relationships.
    Jul 30, 2015. 09:31 AM | Likes Like |Link to Comment
  • Birks Group Is On The Verge Of Bankruptcy [View article]
    As long as this investment is going to be dual class and controlled by Montrovest and the good Doctor, it will be disfunctionally governed and run.
    Jul 29, 2015. 09:46 AM | 1 Like Like |Link to Comment
  • Willbros Group - Opportunity Strikes In This Beaten-Down $2 Oil Stock [View article]
    We are long term investors with a long term focus. I would not be happy to see q/q deterioration in operating (not backlog) results and progress on Sg&A cuts.

    Still expect backlog decline q/q but how deep? Does it trough and begin to grow before this company loses more sell-side analyst coverage.

    Company's policy of only sell-side analysts being allowed to ask Q's on the conf calls is another self inflicted wound waiting to happen. less Q's = less answers = less transparency. Stupid for a company that needs to turnaround perceptions of its prospective customers and sources of capital.
    Jul 25, 2015. 12:23 PM | Likes Like |Link to Comment
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