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  • Will Good Times Restaurants Join The Burger Bubble? [View article]
    TS, I couldn't agree more. GTIM has two winning concepts, and there are a lot of synergies. From food purchases, to menus, to management expertise they have a lot of overlap. Also, they aren't newcomers. They are very experienced, but willing to learn and change. My one complaint has been how they raised capital a couple of years ago. They gave away shares. It looks like they may be learning there, too, and the recent hires may be helping. I think they either have some franchising lined up for BDBB, or they are planning *major* growth, and that is why they wanted to buy it out. Once they announce the growth plan, we should see a huge pop. 75 million would likely get them to 100 BDBB stores over the next few years, with just a little help from cash flow. At just under 3 million per restaurant, you can do the math. MCD has a P/S of almost 3.5. That would put GTIM's market cap at about 1 Bn, assuming ~300MM in revs. Throw in a P/S of SHAK and you could double that easily and probably more. GLTA.
    May 6, 2015. 09:42 AM | 2 Likes Like |Link to Comment
  • Independence Realty Trust Is Still Looking Like A Solid Investment [View article]
    I think it could be a trust issue. Management chose to dilute heavily, which is fine if it builds share value. The problem is that we would have to go up almost 30% just to get back to where they were less than a year ago! Mr. Market doesn't seem to be impressed with IRT mgmt, to say the least. That is one huge drop in share price, especially for a REIT. The fear could be that management is more interested in generating fee income for Rait than generating long term value for shareholders. That might be an unwarranted fear, but news of more share sales doesn't help. Some of the BDCs just keep doing this and eventually they cut the dividend as shareholder value and income erode. IRT needs to start showing some sharp increases in FFO per share and dividends per share--then the stock will take off and run dramatically. Dumping even more shares on the market will make this worse, I suspect.
    May 5, 2015. 01:46 PM | 2 Likes Like |Link to Comment
  • Independence Realty Trust ramps up [View news story]
    Anybody know much about Form D sales? It appears to be unlisted shares being sold? If they are selling unlisted shares of IRT, does that explain the huge drop in share price? Seems a bit odd to me, but I'm not familiar with Form D sales. Any explanation appreciated.
    May 5, 2015. 09:38 AM | 1 Like Like |Link to Comment
  • Why Apple Won't Have A $1 Trillion Market Capitalization Any Time Soon [View article]
    Brian, as an author you can attach your comments to the people you are replying don't have to append to the bottom. Great article and points imo.
    May 1, 2015. 02:19 PM | 3 Likes Like |Link to Comment
  • Tesla Energy launches with a charge [View news story]
    >>did you not read that they can be stacked. 2kW is perfectly fine as a backup solution<<

    2KW is not fine for a backup solution! Read my post above yours. You have to handle the peak load of your system to run it. A typical American 3-4 BR house would require stacking 5-10 of these. Buying and installing them would cost a fortune. It would be much, much cheaper to get a whole house generator for backup. If you want solar power for a shed off of the grid, and something with very low power needs, this might work well. It will not work as a backup to the typical American house. In fact, three of them stacked wouldn't handle the typical American house.
    May 1, 2015. 01:58 PM | 4 Likes Like |Link to Comment
  • Chicago Bridge & Iron: Untarnished By Pessimism [View article]
    Meanwhile the short interest keeps climbing, up to over 15 million shares as of Tax Day (4/15). It has climbed in every short interest report (twice a month) since last October when it was under 3 million shares. It is impossible to accurately estimate the artificial downward pressure this has put on CBI, but should any piece of good news hit the market we are in danger of having a vicious short squeeze. A settlement update on the plants, a new development from a big fish, even higher oil prices, etc. As I have said, the amazing thing to me is that the stock price has risen 50% while most of these shares have been borrowed and sold short. There is some big money buying those shorted shares. Assuming CBI buys back ~12 million shares in the next 19 months or so and we simply hit the guidance, I expect massive upward pressure (if not an outright squeeze).
    May 1, 2015. 01:40 PM | 6 Likes Like |Link to Comment
  • Tesla Energy launches with a charge [View news story]
    runiter, you need to google starting amps for an AC motor and read about that. Like I said, the starting wattage is much, much higher than the running wattage on AC motors. 3.5KW would be a typical running amount on an average 4 ton unit (it varies a bit with temperatures). You would likely need 10-12KW to start the motor even though it runs at 3.5KW. How Elon Musk could not know this is just bizarre to me, runiter! That system will not start a typical home air conditioner (or keep it running in an outage). The thing you have to remember is that it has to handle all of the potential loads--Fridge, AC, hot water heater, etc. That is why it takes ~25KW as a peak number. It may use an average of 2-6KW per hour, but you still need the higher peak number. A lot of people mistakenly buy a 10KW generator thinking it will run their house because they only use 60-100KW a day. The bottom line is that the typical house would likely need 5-10 of these systems to keep it running during an outage.
    May 1, 2015. 12:55 PM | 4 Likes Like |Link to Comment
  • Why Apple Won't Have A $1 Trillion Market Capitalization Any Time Soon [View article]
    The talk back in 2012 was about $1000 on the stock. A lot of people thought it was just crazy and lampooned it. Well, that is just an equivalent of low $140s, which I think we will see soon. A trillion will be harder because the buyback reduces the market cap while the stock price increases, as the author pointed out.
    May 1, 2015. 12:09 PM | 7 Likes Like |Link to Comment
  • Tesla Energy launches with a charge [View news story]
    runiter, one more point: remember, electricity isn't like a bank account. Your system has to handle the spikes as well as the total. When an AC motor starts it uses a lot more than rated power. If you want to run a typical house, you might need 25KW peak capability (depends on the house and loads). So, yes you might be using 48KW per day in an apartment, but you still need the high peak capability to run your motors and bigger items. I am not invested either way on TSLA, as I have just started looking at the stock, but it would really, really worry me if I thought the CEO is pushing this and he doesn't have the slightest clue about how much amperage it takes to start an AC motor!!!
    May 1, 2015. 11:30 AM | 2 Likes Like |Link to Comment
  • Tesla Energy launches with a charge [View news story]
    Dave, seriously? I can't believe anybody with enough money to move the needle could be that stupid. Worse than that, there are busloads of securities lawyers waiting to pounce on disappointment generated by false advertising claims.
    May 1, 2015. 11:20 AM | 3 Likes Like |Link to Comment
  • Tesla Energy launches with a charge [View news story]
    runiter, 2KW is pretty high if you are plugging small stuff into a generator and you aren't running AC motors. If you are trying to start a four ton AC (typical size for a 3-4 BR house), you might need about 6-8X that amount. An electric hot water heater is 2-3X that amount. A dryer or range is about 2-3X. It all adds up. This system will not run a house, or come close. If you had a little shed off of the grid and you wanted some lights and a plug in for very small devices, it might work. Tesla is saying it will help in a power outage and I don't see how. If you had some circuits isolated, and you had some emergency lights wired, then there might be a limited capability. However, nobody should think that this system can back up an entire house. It simply won't work. I don't understand why Musk said what he said. Does he not understand the basics of home electrification, or is it false advertising? I'm not sure.
    May 1, 2015. 10:58 AM | 2 Likes Like |Link to Comment
  • Tesla Energy launches with a charge [View news story]
    runiter, after looking at the specs, and reading the ad on Tesla's site, I am left with many nagging questions. They say you can use it as a backup for power system outages after storms for your house, but then they say the max continuous load is a tiny 2KW, with a 3.3KW peak!!!?? That won't backup a house. That won't even backup a kitchen in a house. Why would the engineers allow Musk to make such a deceiving and false claim? Unless I am missing something really big, they are going to get sued for false advertising. Also, they say the inverter is not included? Huh? So, you buy and install your own inverter with a 2KW capability?! It either looks like a joke, or the info on their site must be wrong. If it could simply be a surge protector/power outage backup (a couple of minutes worth) for the house, I would have bought one, but this appears to be completely worthless to me, outside of a few very specific and limited uses.
    May 1, 2015. 06:05 AM | 11 Likes Like |Link to Comment
  • Apple: The Bull Comes Back [View article]
    Just think if Apple had come out with bigger screens three years ago! Android might be in the garbage bin with Blackberry.
    Apr 27, 2015. 05:14 PM | 2 Likes Like |Link to Comment
  • Apple beats estimates, guides in-line, ups dividend [View news story]
    When the Cookie Monster starts talking, endlessly repeating the keywords--amazing, incredible, we were blown away, unbelievable, etc. we should hit 137 or so. It might rally tomorrow...if only they would announce a profit losing delivery service or something! I look for the $140s this week, but that could be a little hope talking, too.
    Apr 27, 2015. 05:11 PM | 8 Likes Like |Link to Comment
  • Apple beats estimates, guides in-line, ups dividend [View news story]
    Right now it's up $1.44. You look at how Mr. Market reacts to AMZN's latest PR on how much they are losing, and then how he reacts to Apple, and it could be frustrating if you bought a bunch of calls. It helps to see this a few times, so you can temper your expectations.
    Apr 27, 2015. 04:58 PM | 9 Likes Like |Link to Comment