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Lou Basenese

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  • Wall Street 'Bloodbath' Captured On Live TV [View article]
    Yes. My publisher prohibits it.
    Mar 28 03:19 AM | Likes Like |Link to Comment
  • Blackstone Introduces Weapon Of Mass Destruction [View article]
    From the NY Fed data file:
    Feb 24 01:37 PM | Likes Like |Link to Comment
  • Blackstone Introduces Weapon Of Mass Destruction [View article]
    Yes. It's a typo. My apologies.
    Feb 24 01:33 PM | Likes Like |Link to Comment
  • Destiny Media's Problem Child [View article]
    I must have missed the memo about using random, unverified social media postings and Google Trends data as legit fundamentals for constructing an investment thesis. Can someone "in-the-know" forward it to me?

    Still making my way through this obvious hit piece. Will provide more concrete feedback shortly.
    Feb 19 02:45 PM | 6 Likes Like |Link to Comment
  • Park City Group's Revenues From Most Important Customer Past Due [View article]
    Do your own due diligence. Although facts are presented in this article, it makes faulty assumptions and draws the wrong conclusions.

    I say that after researching the company for over two years, including meeting with management and other institutional investors interested in the stock on multiple occasions. Unlike the author who only listened to a webcast, I attended the Dallas conference.

    The ownership structure of ReposiTrak was set up in such a way to limit PCYG's downside if the product never gained market traction, while also preserving its upside if it, indeed, did. There's nothing suspect about it.

    And by all accounts, ResposiTrak is gaining meaningful market traction.

    In December 2013, the Food Marketing Institute (FMI) exclusively endorsed its use to its 40,000 retail food store and 25,000 pharmacy members.

    Plus, the company is in the process of on-boarding thousands of suppliers (i.e. - converting the pipeline into revenue).

    In the next 12-18 months, I estimate the number of suppliers on-boarded will be enough to generate positive free cash flow, at which point PCYG can exercise its option to own up to 75% of the business.

    It's important to note, too, that PCYG negotiated its potential ownership percentage UP from 49% to 75%. That's a positive development, not a negative one. Now that ReposiTrak has proven to be more than viable, PCYG can share in even more of the upside. PCYG is not "bailing out" anyone, as the author suggests.

    Like I said from the outset, do your own due diligence. If you do more than simply comb SEC filings, I'm confident you'll arrive at a different set of conclusions.
    Feb 4 03:42 PM | Likes Like |Link to Comment
  • Parametric Sound: A Turkey's Desperate Attempt To Avoid The Chopping Block [View article]
    Alpha Exposure: Is your track record better than the top performing small cap growth mutual fund manager over the last 5 years - the $825 million Hodges Small Cap Fund (HDPSX)?

    Because they just purchased all 364,286 shares in Parametric's $5.1 million equity raise (

    With an average annual return of nearly 20% per year for the last 5 years, I'm sure they don't have a clue what they're doing, though.
    Nov 20 01:47 AM | 3 Likes Like |Link to Comment
  • The 3 Most Dangerous Stocks In The Market [View article]
    Ruby Tuesday closed at $7.55 on Oct. 9. Reported earnings. Now trading for $6, down 20%.

    Thesis was simply that stocks follow earnings. They did for RT.
    Oct 16 08:38 AM | 1 Like Like |Link to Comment
  • Parametric Sound Merger Not Likely To Be Positive For Shareholders [View article]
    Can you say, denial? Funny how I don't remember the "Fed taper" being part of your short thesis for this stock, Paulo. Now it's the excuse.

    Only a few more weeks till one of us gets to eat crow :-)
    Sep 26 01:44 PM | 1 Like Like |Link to Comment
  • Rise Of The Droids And The Downside To Globalization [View article]
    SA syndicates content from our free e-letter, so I don't regularly respond to messages here. Rest assured, I've been in regular communication with subscribers about IWSY.

    IWSY is one of a portfolio of recommendations in disruptive technology stocks. The investment strategy involves an expected time horizon of 18-24 months before the tipping point hits for commercial adoption of each technology.

    We've been following IWSY since March 2012 at $1.05. Based on my research, we're one commercial deal away from the company going mainstream.

    If that doesn't happen, by all means, I'll apologize to subscribers for getting it wrong. For right now, our investment thesis remains intact. Especially since Apple rolled out a phone with biometrics baked in, which is based on technology it acquired from AuthenTec, a previous recommendation of mine that took about 1-year for the big payoff. (I initiated coverage in July 2011, Apple acquired in July 2012).
    Sep 14 08:34 AM | Likes Like |Link to Comment
  • Don't Get Burned By This 'Fed Taper' Lie [View article]
    I'm aware of that. But the comparison isn't to try to get a "true" employment figure. Instead, it's to show the relationship b/t the two measures. When Gallup spikes, BLS tends to trade sideways.
    Aug 27 08:20 AM | Likes Like |Link to Comment
  • The Most Baffling Government Chart Ever [View article]
    already did and wrote about alibaba impact here:
    Aug 16 03:57 PM | Likes Like |Link to Comment
  • The Most Dangerous Assumption About Stocks And GDP [View article]
    Here's a link to a previous analysis I shared on global GDP growth rates and equity returns:

    This short-term analysis is consistent.
    Aug 14 10:45 PM | Likes Like |Link to Comment
  • Parametric Sound Merger Not Likely To Be Positive For Shareholders [View article]
    That's management (and lawyers) being overly cautious. Until proxy is filed, regulators could misconstrue providing too much info as solicitation. Final #'s likely will come in higher.
    Aug 12 03:53 PM | 3 Likes Like |Link to Comment
  • Parametric Sound Merger Not Likely To Be Positive For Shareholders [View article]
    Three things...

    1) PAMT is not in "dire financial situation." At current burn rate, enough cash for 12 months. Plus, digital signage applications ramping up enough to make cash flow positive w/in next yr.

    2) Hypersound tech is exactly why TB entered transaction. Listen to conf call. TB started as potential licensee, did due diligence on tech and realized disruptive potential so they submitted strategic proposal. These patents have significant value. Ask the 20+ companies under NDA that want to license it.

    3) Again, listen to call. TB absolutely has products in mind. They simply said it won't be included in a headset. But Juergen Stark gave specific product example of sound bar for video games. BTW - PAMT already had a co-development project underway for such an application. This is just one of the products both companies can bring to market utilizing TB's established distribution network. No one's giving any credit for synergies of a deal, which are significant.
    Aug 11 04:10 PM | 2 Likes Like |Link to Comment
  • Parametric Sound Merger Not Likely To Be Positive For Shareholders [View article]
    Pretty sure no one considers TB an "asset light, limited sales, emerging tech co." And 80% of the valuation is based on their business.

    Washpo was just a recent example in headlines. Plenty of other examples of company's trading at low double-digit EBITDA multiples.
    Aug 10 08:42 AM | Likes Like |Link to Comment