Mark Krieger

Basic Food Fund: Fat and Happy for Now

Roger: way to think outside the box,, BRAVO!!!!!!!!!!!!!!!

Basic Food Fund: Food Stocks Devour Bears

I like it alot, although I'm surprised the share price has not acted more favorably... The company is doing the right thing and sooner rather than later Wall Street will catch on and reward the stock appropriately.

Pep Boys: Stock Is Still Cheap

PBY is definitely ramping up its advertising endeavors. I have seen a huge increase in radio and print advertising the last three months also. This is a good sign. The company is fianlly getting serious about juicy up revenues.

Basic Food Fund: Food Stocks Devour Bears

you are right, PBY , JBLU and SCS are not food stocks-i included them because they were a big part of my portfolio and I wanted to track them. About WFMI, It's a high priced food retailer and I expect many consumer's will drop down to lower priced retailers to help ease their finacial burdens brought on by the recession. MY point is simple: Beaten down defensive stock present less risk and higher reward potential than most other equities!!


On Mar 30 03:08 PM Alan Young wrote:

> Why are SCS, JBLU, and PBY in a food index? (Did you mean PBJ?)<br/>Other
> components are a really mixed bag. CAG is about even; but IPSU is
> down -50% YTD--never mind the one-day block sale. So what's your
> point? "You have to be a glutton for punishment" to buy all these
> names just because the sector seems safe.
> Ironically, WFMI --not on your list-- is outperforming all of them:
> +60% YTD.

Basic Food Fund Skyrockets

There is no such index, because I invented it, a little bit out of neccesity to track my own holdings. I cleverly coined it the "BFF" and it kind of stuck, even though three of the components are non food related.These are my core holdings and I figured why not make my own index out of these for fun. Who knows: maybe S&P will adopt it, as a true index someday-I won't hold my breath!


On Mar 13 03:35 PM Hmm?! wrote:

> BFF?? I can find no such index on bigcharts or my online brokeredge?
> I did some looking on google too.

Food Stocks Not As Safe as I Thought

i think the insurance is more than adequate: IPSU has three separate types of insurance: They are (1) workers comp (2) Liability (3) Property loss/ business interruption..the fist two deal with claims for injuries and item one has no limits other than State statutes.

Basic Food Fund: Will a 5000 Dow Decimate It?

it's a joke: The market is giving no value to IPSU's cash, and it two refinery plants. The company will also be getting a $40-60 million influx of cash through business insurance interruption proceeds, as well as another $250 million to rebuild its damaged plant. This one is a classic Buffett stock--his mantra: Buy when others are fearful.. This one is the buy of the century--its only caveat; its management team is ineffective at communicating to Wall Street.

Basic Food Fund: Will a 5000 Dow Decimate It?

I think I was referring to the Wholesome Sweetner business being worth $80 million, not the mexican joint venture!


On Feb 25 09:45 AM whatswrong wrote:

> Mark,
>
> You also stated in an earlier article that IPSU 50% position in the
> Mexican joint venture had a total value of 80 mil at todays mrkt
> cap that would value IPSU core business at less that 50 mil. Any
> comments are appreciated.

Dismal Economy Propels Auto Parts Retailers: Is Pep Boys Last to Follow?

YHOO Finance's site indication of a -.89% profit , represents operating margin ( profit after Selling, Genral & Administrative costs are taken out). My figure is computed only by taking cost of goods sold from revenues. The $300 million credit line was extended to PBY just last month, and is in addition to the $320 million dollar debt they have already borrowed.The Banks would not be offering a new loan to PBY if they were not confident about being repaid.The dividend is still not an issue, PBY's free cash flow is still high enough to cover it.

Basic Food Fund Holds Its Own

you are right..thanks for catching the error, mark


On Feb 06 11:03 AM T2MLM wrote:

> Basic Food Fund is proving its 'mettle,' you meean, ahem

Pep Boys' Cost-Cutting Needs to Go Further

PBY is vulnerable to a hostile takeover atempt. plan and simple!!!

Keeping an Eye on Highly-Levered Pep Boys

Jay: Sorry for the error,,I guess I can be a little delusional from time to time...thaks for following thru with your intention to have the article removed and keep up the good work...Best, mark


On Jan 29 10:32 AM Market Folly wrote:

> wtitermark, I'm not sure what your deal is, but I have done no such
> editing and you can gladly email the SA editors to verify that I
> never emailed them regarding a disclosure edit, if you're really
> that curious. Never had a disclosure at all on the piece because
> I never had a position. Your eyes are messing with you or maybe you're
> just delusional.
>
> I'm having the article removed due to the numerical discrepancies
> in the quote I used from David Phillips. Contacting David about his
> numbers as well.

Keeping an Eye on Highly-Levered Pep Boys

its very easy to edit on SA--I do it all the time, by simply emailing the SA editors with my desired changes. How do you account for the fact the disclosure went from no position to a long position?


On Jan 28 12:50 PM Market Folly wrote:

> wtitermark,
>
> SeekingAlpha is not my website and I have no way to edit these articles
> on here so clearly i could not do such a thing. on the original article
> there was NO DISCLOSURE because i have NO POSITION.
>
> going to remove the article entirely given the numerical discrepancies
> and have emailed SA.

Keeping an Eye on Highly-Levered Pep Boys

Now there is disclosure saying you are long PBY, earlier in the day, it indicated that you had no position. Did you just recently go long? Was your bashing of PBY in your article an attempt to push the shares lower so you could buy them up cheaper???

Keeping an Eye on Highly-Levered Pep Boys

Contradictory statements:------"Whil... the macro environment for new cars is obviously sour, we actually think this fact plays to the auto maintenance companies like Pep Boys, AutoZone (AZO), and the like, as consumers try to get every last mile out of their current vehicles. So, even though this is not one of our larger shorts ( as we see better opportunities elsewhere), it is something to keep a close eye on-"------------------... they advise at shorting at $4-5 and covering at $3--they should be bullish, ( buying to cover now and going long) because with the share price at $3. they are expecting a rally of about 66% to the $5 area. This author seems clueless!