I did find that a little strange, but the stock price is extremely low at this point, even after today's rise in price, and I would still recommend it as my #1 pick.
uWink's Tender Offer Reduces Possible ROI [View article]
MZT,
This is a very personal decision.
You should sell if you want the money, and will put it to work in something else.
If you think that eventually uWink might spin off their new company into something of value, then by all means hold onto the shares and get the equal parts of the new company.
As for the cash flow issue with the restaurants, whether they are or aren't doesn't quite matter at this point, they need cash, so we are here now.
As for the MV review of the restaurant, I agree with the screens being in the way of conversation.
But the food to me has been delicious every single time that I have been there (3 times already) and I've tried different things every single time to try and trip them up.
I think the whole deal is with the technology, not the food/restaurants.
Fernandez: Top 5 Picks for November [View article]
Umm, et. al,
You are most welcome...remember that my picks are meant to be held long term, so don't expect quick turns in the stocks I recommend, often they are in downturns, and that's why they are attractive to me.
Be prepared to lose up to 50% of your investment in any one of my picks at any time...that's just the vagaries of small and micro cap stocks.
Learn more about my investing style on my website and the risks you should know before buying any stock I recommend:
Fernandez: Top 5 Picks for November [View article]
Hey Tigers,
Yea I was aware of that, this is standard litigation that comes out of the woordwork when someone wants to cry to their mommy that they lose money in one of their stock picks.
It isn't material at this point in time because it is not likely to go anywhere, unless AuthenTec's management did indeed materially mislead investors.
It's a Good Thing uWink Isn't a Restaurant Company [View article]
Hey guys,
Remember that before I post things I do my research and homework.
In so doing, I speak with the management of the company that I cover.
As such, in this case, management has told me on numerous occasions, that they are not planning to open any more company-owned locations.
If they happen to open some franchised locations (this is a big if that I detail further in my research report on uWink), that would be ok with them, but their whole intent and focus was to produce the best POS and entertainment/hospital... software they could.
That involves trial and error, and yea, occasionally pissing some guests off with things that didn't work.
That's why the Woodland Hills location is a testing ground, as their other locations will be too.
I will say this again to reiterate it: uWink is not a restaurant business, they are a software company that designs products for the hospitality industry (restaurants included), and happens to own and operate three of their concepts to highlight their software and show proof of concept.
If there's one thing Nolan Bushnell is good at, it's video games and entertainment, that's where the investment thesis lies, in selling this stuff to other businesses, and allowing them to lower their overhead and increase productivity.
Can uWink Serve 600 Trillion Games? [View article]
GG,
Well, let's hope not, otherwise uWink is doomed from the start.
When I first heard about the uWink concept, I was really excited because I hate ordering from traditional waiters/servers...I don't like the idle chit-chat, and I just want food!
I don't want anyone serving me, asking me questions, or messing up my order.
It will be interesting to see which camp wins out...one thing is certain, if the games and the entertainment value are high enough, however your feel about touchscreen ordering, you'll come back because of that value.
uWink Delists Itself [View article]
Yep, it looks like you were right, and I was wrong, at least on this iteration of uWink.
Thanks for bringing some good tidings!
Monthly Portfolio Assessment; GeoEye and AAR Remain Strong Buys [View article]
I did find that a little strange, but the stock price is extremely low at this point, even after today's rise in price, and I would still recommend it as my #1 pick.
Chris
uWink's Tender Offer Reduces Possible ROI [View article]
This is a very personal decision.
You should sell if you want the money, and will put it to work in something else.
If you think that eventually uWink might spin off their new company into something of value, then by all means hold onto the shares and get the equal parts of the new company.
Chris
Monthly Portfolio Assessment; GeoEye and AAR Remain Strong Buys [View article]
Skip PLA, buy RICK.
Chris
uWink's Chances of Survival [View article]
As for the cash flow issue with the restaurants, whether they are or aren't doesn't quite matter at this point, they need cash, so we are here now.
As for the MV review of the restaurant, I agree with the screens being in the way of conversation.
But the food to me has been delicious every single time that I have been there (3 times already) and I've tried different things every single time to try and trip them up.
I think the whole deal is with the technology, not the food/restaurants.
Chris
Fernandez: Top 5 Picks for November [View article]
You are most welcome...remember that my picks are meant to be held long term, so don't expect quick turns in the stocks I recommend, often they are in downturns, and that's why they are attractive to me.
Be prepared to lose up to 50% of your investment in any one of my picks at any time...that's just the vagaries of small and micro cap stocks.
Learn more about my investing style on my website and the risks you should know before buying any stock I recommend:
peakstocks.com/investi...
- Oh as for the question on ZIXI that I didn't answer: the stock price was too high for the valuation that I thought was fair for ZIXCorp at the time.
It has since gotten more reasonable, but still isn't what I would call cheap.
I am in the process of doing further diligence on it, and we'll see if it meets my criteria for inclusion.
Thanks for reading guys,
Chris
Fernandez: Top 5 Picks for November [View article]
Yea I was aware of that, this is standard litigation that comes out of the woordwork when someone wants to cry to their mommy that they lose money in one of their stock picks.
It isn't material at this point in time because it is not likely to go anywhere, unless AuthenTec's management did indeed materially mislead investors.
Chris
5 Possible Picks in a Tumultuous Market [View article]
It is outside my scope of knowledge.
Sorry about that.
Chris
uWink: Worth the Risk at This Price [View article]
If you visit my site, I have full disclosure that I own every single stock that I recommend to my readers.
My average cost in uWink is about $1.08 right now, so I am hurting right along with everyone else.
Do some research guys before you criticize something you don't really know too much about.
If you really want to understand the uWink story, read my articles, see if it is really a pump-and-dump.
Take a look at my thorough and exhaustive research on the company, my talks with management, etc.
There's more out there than a little post here and there on Seeking Alpha!
But either way, thanks for reading guys!
Chris
It's a Good Thing uWink Isn't a Restaurant Company [View article]
Remember that before I post things I do my research and homework.
In so doing, I speak with the management of the company that I cover.
As such, in this case, management has told me on numerous occasions, that they are not planning to open any more company-owned locations.
If they happen to open some franchised locations (this is a big if that I detail further in my research report on uWink), that would be ok with them, but their whole intent and focus was to produce the best POS and entertainment/hospital... software they could.
That involves trial and error, and yea, occasionally pissing some guests off with things that didn't work.
That's why the Woodland Hills location is a testing ground, as their other locations will be too.
I will say this again to reiterate it: uWink is not a restaurant business, they are a software company that designs products for the hospitality industry (restaurants included), and happens to own and operate three of their concepts to highlight their software and show proof of concept.
If there's one thing Nolan Bushnell is good at, it's video games and entertainment, that's where the investment thesis lies, in selling this stuff to other businesses, and allowing them to lower their overhead and increase productivity.
Chris
Can uWink Serve 600 Trillion Games? [View article]
Well, let's hope not, otherwise uWink is doomed from the start.
When I first heard about the uWink concept, I was really excited because I hate ordering from traditional waiters/servers...I don't like the idle chit-chat, and I just want food!
I don't want anyone serving me, asking me questions, or messing up my order.
It will be interesting to see which camp wins out...one thing is certain, if the games and the entertainment value are high enough, however your feel about touchscreen ordering, you'll come back because of that value.
Chris