Seeking Alpha

David Collins'  Instablog

David Collins
Send Message
I am an investor relations consultant with 25+ years experience steering IR strategy and outreach for over 100 companies across a range of industries. We launched Catalyst Global in early 2012 to serve as a platform for innovating the IR role to better address the radically different dynamics... More
My company:
Catalyst Global LLC
  • Olympia Capital Markets Initiates on RSC with a Buy Rating & $24 target 1 comment
    Jun 3, 2010 10:36 AM | about stocks: REX
    Chief Market Strategist and Alternative Energy Analyst, Paul J. Resnik, CFA initiated coverage on Rex Stores (which is changing its name on June 9th to REX American Resources Corporation and symbol to NYSE: REX) yesterday. 

    His valuation is based on a discounted multiple of his 2011 EPS estimate + cash per share and real estate assets - getting to a 12-month price target of $24.00.

    Disclosure: No position - I am an IR rep. for the company
Back To David Collins' Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (1)
Track new comments
  • microcaptrader
    , contributor
    Comments (56) | Send Message
    Where were these guys (Olympia Capital Markets) 18 months ago when Rex's share price was under $8 a share? From a fundamentals point of view, the company today is pretty much as the company was then. Are clients of companies such as Olympia satisified with being advised to "buy" a potential $5 gainer (25%) even though they could have bought the same company's stock a year earlier for $11 cheaper and a potential $16 (200%) profit? And speaking of IR, what is it you guys do exactly? I've owned more than one company over the past 17 years allegedly "rep'd" by J&C, and as far as I can tell, when the "story" was most compelling, (i.e. profit potential the greatest, risk the lowest) Investor Relations was nowhere to be found.
    21 Jun 2010, 04:11 AM Reply Like
Full index of posts »
Latest Followers


  • Puradyn Filter Tech $PFTI Reports solid 2014 financial results by saving O&G Co's money on engine maintenance
    about 15 hours ago
  • Release today: Impressive base of early $FLUX adopters for lithium batteries Peers: $PLUG $CBAK $HPJ $ZBB
    Mar 19, 2015
  • Global Ship Lease $GSL Smart hedge fund in sees dividend initiation w/ in 6 mos & $8 target vs. $4.71 price
    Jan 12, 2015
More »

Latest Comments

Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.