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  • Cal-Maine Foods: A Long Term Growth Play [View article]
    The price paid to CALM shareholders in an acquisition would need to be huge for the Adams Family to want to sell the farm, so to speak. I think the shareholders profile of CALM makes it more likely to be an acquirer than a target. Nothing is for sure, but for other acquirers there is plenty of low hanging fruit competitors before overpaying for CALM.
    Mar 16, 2015. 11:15 AM | Likes Like |Link to Comment
  • Misunderstood RAIT Financial Offers Hidden Upside [View article]
    Sam, do you have any opinion on the Preferred Shares? perhaps dividend payment safety and outlook on redemptions.
    Jan 15, 2015. 04:06 PM | Likes Like |Link to Comment
  • On Assignment: More Upside On Continued Growth [View article]
    Thanks for this great article. This is a good company that is growing and will likely continue to do so. Right now about 80% of their revenues comes from IT and 20% from Health-related. I would like to know if they plan to grow through acquisitions their health staffing more aggressively and if their long term plan calls for a particular %split for these two areas.
    Also, I would look at the 200Day MA for long term support in the $32 area as a new entry area. The current market conditions point at bouts of volatility and rotation in the broad market, which I believe will give us a window to enter at the low $30s for ASGN.
    Apr 5, 2014. 03:35 PM | Likes Like |Link to Comment
  • Is American Realty Capital A Monster Or A Machine? [View article]
    Market Cap size will help this REIT hold value if we were to see any slowdown/recession or market correction. A lot is yet to be proven but the chess pieces have been laid out and ARCP has a good game. Maybe be attentive to price fluctuations to buy this one on dips.
    Mar 3, 2014. 11:03 AM | Likes Like |Link to Comment
  • Carnival Corporation: Buy Signals Can Surface [View article]
    Best news for CCL is the lifting of the Concordia. Once the boat is no longer capsized the images of the wreck will start to fade from the media. At some point, those images fade, even PAN AM after lockerbie or TWA after the hijacking got their images repaired. It is incumbent upon CCL to fix their boats so that Triumph-like mishaps don't come back. Many folks see CCL get a floor around $30. I think you can be nimble and start a long.
    Sep 28, 2013. 08:10 PM | Likes Like |Link to Comment
  • The Cheesecake Factory Leverages Big Data [View article]
    I am a bit worried about the Latin American expansion. Folks who have travelled to the USA get it, but for most others... I think will be a one time diner experience at best. The menu is not a good fit for that market. They perhaps should cluster one country at a time, instead of this multi-country layout.
    I think you build a stock position and sell on the expectations. i don't want to be there for the earnings report after these units come on board. It will disappoint. Expectations are high.
    This type of restaurant seems to me also to be the kind of place that would get trashed during a political riot, i.e. brazil.
    I expect the USA operations to do very well in the coming Holiday season, pre-obamacare shock. Folks may cut down the number of times they go to a place like this.
    For a trade, I can see this running up to $48 by december.
    Jul 1, 2013. 09:38 PM | 1 Like Like |Link to Comment
  • 5 New Preferred Stocks Clear 7%, First Time Since July 2012 [View article]
    Thanks Doug! great articles ! I enjoy and benefit from reading them.

    Is there a "greek" for preferreds as "delta" is for options? I would like to know if there is some indicator that can give me a window to the possible moves of a preferred price when rates move.
    (Maybe I am stuck thinking about options, but I thought worth asking you).

    I see the movement of preferreds to be somewhat random. Can't tell exactly why a lower rated moved less than a better rated during the recent sell-off. Is this phenomena stock specific or a function of small volumes traded? or do we have a sensor-type indicator that can explain it?
    Jul 1, 2013. 08:11 PM | Likes Like |Link to Comment
  • Perils Of Using Covered Calls To Generate Portfolio Income: Update [View article]
    Gary, I think your mistake on this column is on focusing on the dividend payer utilities. I advocate that those are the wrong stocks to sell covered calls on. I understand why people would, because they are focused on income and the covered call income is an addition to the hefty dividend. However, if you look at the growth stock, the higher P/E, the regional going national stories, the rule breakers, these companies offer option premiums that exceed the combination of the utility stock's dividend plus covered call premium.
    Also, nothing was said about managing the trade of a covered call. Meaning, you dont have to wait for expiration to close the trade. Trade the covered call in a more active manner and close it when you're profitable. My preference is to sell longer expirations and roll them once you have a move in your favor.
    Jun 5, 2013. 09:46 PM | 1 Like Like |Link to Comment
  • Jos A. Bank Warns On Earnings; We're Not Touching This Stock [View article]
    I have noticed how the stock tends to do well come September every year. I'll wait for a late summer sell-off and then buy deep in the money calls for a spec play.
    Jun 4, 2013. 04:05 PM | Likes Like |Link to Comment
  • More on BofA's Cracker Barrel (CBRL) upgrade: Price target raised to $99 from $68 as analyst Joseph Buckley says Sardar Biglari's failed attempts to gain board seats (a "potential negative") were "flipped" to a "possibly highly accretive positive [when] CBRL offered to repurchase his stake." Buckley adds that such a move is now more affordable as low rates and "the recent expiration of an expensive swap" have reduced the company's interest expense. [View news story]
    Well Hellooo, my favorite breakfast joint has an upgrade.
    I think when I sell this for $99 I could afford an Uncle Herschel's with Biscuits and Eggs over-easy.
    (Long CBRL).
    May 30, 2013. 09:12 PM | Likes Like |Link to Comment
  • Disney's Recent Performance: Shares Are Still Very Attractive [View article]
    The recent bad news of the Cruise Lines, i.e CCL, RCL and Norwegian have tainted the entire sector. I have to imagine that most people who plan to go on a cruise vacation have heard of the recent mishaps and somehow factored that into their decision: to go or not.
    I would like to know if this has crossed over to Disney Cruises, since they are a niche within the Cruise vacation, theirs is the family trip or Disney die-hards. Presumably, this is not a big hit to the DIS bottom line, but any little thing in one of their boats would be a PR problem.
    I also believe DIS shares can be bought cheaper if we're patient enough through the volatility as Dividend stocks sell off this week.
    May 30, 2013. 09:08 PM | Likes Like |Link to Comment
  • Jos A. Bank Warns On Earnings; We're Not Touching This Stock [View article]
    i also think their marketing strategy of cutting prices by offering free pieces (buy one suit and get three shirts free and pants and ties to go with it...) is starting to backfire on the brand. I am thinking: if the clothes are so good, why are they giving them away?. The clothes are good though, but their product mix is heavy on the jackets and suits. Little variety, lacks casual wear (the country club casual type) and more of the same dark suits. The product line up is starting to feel old.... not a good thing in my view. I like to shop here and get the mega deals, but not sure about the stock. The company seems too desperate with constant give away sales. I am putting this one in my put list.
    May 21, 2013. 08:15 PM | Likes Like |Link to Comment
  • Genworth Financial: Shares Up On Mortgage Profits, Still Undervalued [View article]
    Cramer can pump it, but to get the price moving in this stock you need institutional buying. I just dont see a lot of institutions "backing up the truck". If you want to be long GNW, wait for the market correction that everyone talks about.
    May 20, 2013. 03:40 PM | Likes Like |Link to Comment
  • Freeport-McMoran Copper & Gold Inc. (FCX) Is Trading At Long-Term Support [View instapost]
    I prefer more strikes away from the current price and longer expirations, this will give you similar option premiums and less risk of assignment. The reason I dont favor so much your strategy is that if you get assigned, you then start doctoring the trade by selling calls. This means, you end up owning the stock at a higher price than I would have paid with the lower strike and then you run the risk of selling the covered calls and turn this into a spiral of more "doctor" trades if the you dont get the price move you "hope" for. This strategy works some of the time, but when it doesn't it really slows you down; i.e. spend time on a stock you didn't mind owning but didn't want to own and you're doing covered calls to break even or get out.... for all this trouble, maybe you should have closed the put at a reasonable loss before the assignment came into play.
    I hope you dont mind my comment because I would like to know if this has been your experience or if you have been able to profit from the covered calls after the put assignment. What would you say your rate of success has been? Thanks...
    May 8, 2013. 09:59 PM | Likes Like |Link to Comment
  • Genworth Financial: Shares Up On Mortgage Profits, Still Undervalued [View article]
    Unfortunately, you might be disappointed. For example, the BBB 2018 6.5% Notes, trade around $118, a hefty premium.
    May 8, 2013. 09:45 PM | Likes Like |Link to Comment