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  • Chance Of Surge In Gun Sales Greater Than Chance Of Surge In Gun Regulations [View article]
    Guns will always be available both legally and illegally, SWHC, RGR, and a few other privately held co's. will sell them and makes a ton of money doing so. Seems every year at some point there's a shooting and a clamor to make guns harder to get, the stocks drop and then go back up higher than where they began. Be patient, buy on the dips, accumulate a posn. to the size you're comfortable with and be patient. I began accumulating SWHC around 2002 with a cost basis of under $2.50, I sold 1/2 when it got near $20 (2007) and bought the shares back in mid/late 2011 and still hold a full posn. which essentially has a cost basis of $0.00 as I took out more than I've put in, and will sell 1/2 again when it gets in the $25 range, whenever that is.
    Oct 7, 2015. 07:29 PM | 2 Likes Like |Link to Comment
  • Barron's: Medallion Financial is a buy [View news story]
    Barron's doesn't hold positions, it's a newspaper, you're confusing a newspaper with a BD, should correct as the comment sounds really stupid otherwise
    Sep 21, 2015. 12:58 AM | 3 Likes Like |Link to Comment
  • And They're Off: Fill-The-Gap REITs Gallop Out Of The Gate On No Rate Increase [View article]
    While hoping not to sound like a red boarder I've said for a long while that the economy is NOT in good shape, unless you rely on gov't. reports on things like unemployment, inflation, and all the other reports that the White House has any ability to control. Also it should not come as a surprise they did not raise rates today, here's my thesis on that, currently we have more outstanding gubment debt then ever, if rates were raised after 1-2 .25% raises we'd have a very hard time making the interest payments without printing more dollars to accomplish it, think if you had a HUGE mortgage and also had the ability to raise your own mtg. interest rate, of course you wouldn't raise it, however as we get closer to the next election and rates rise who's problem will it be to manage the payments?? The next President, thus Obama leaves with all in tact and whomever wins (is it really winning?) gets the problem, figure 1st raise will be near April/May 2016
    Sep 17, 2015. 07:43 PM | Likes Like |Link to Comment
  • Selling Apple To Avoid Stagnation And Boost Income [View article]
    I retired when I was 42 (13 years ago) and NO doubt, I was extremely fortunate, wasn't on some deep due diligence but was because at the time every school that was beginning to use computers were using AAPLE so the thought process was that the students learning on an apple would continue to use an apple, while that thesis wasn't quite exact the investment worked out.
    Aug 17, 2015. 10:27 AM | 2 Likes Like |Link to Comment
  • Adaptive Medias' (ADTM) CEO John Strong on Q2 2015 Results - Earnings Call Transcript [View article]
    If a tree falls in the forest and nobody hears it, did it make any noise?
    Aug 17, 2015. 09:47 AM | Likes Like |Link to Comment
  • Dissecting National Beverage's 2015 Financials - And It Looks Good [View article]
    While the article on FIZZ is a positive one the thesis on the special dividend is not accurate. I had posted on another FIZZ article last week that they currently have approx. $1.10 / share of cash the special dividend has been paid when there is around $2-$2.20/share, thus it would seem more likely any special dividend would be paid in approx. 12 months from now, not by 12/31.
    Jul 21, 2015. 03:42 PM | Likes Like |Link to Comment
  • Mischief Or Magic In The Ordered Sale Of Kirk's Stake In MGM Resorts International? [View article]
    I know that there are 2-3 hedge funds who already hold a posn. in MGM looking to buy up the block to avoid the shares taking a hit, also the ability to buy 6-8% below market is always a nice perk. Wynn would not be able to get approval as him buying would give WYNN way too much control of properties in LV and elsewhere (we all know how the government looks out for us when a possible monopoly can be created). Also keep in mind there has been talk of MGM becoming a REIT, if that's done the shares are worth right about $25 so with the shares at ~$19 and a hedge fund buying at a sleight discount, say approx. $17.50-$18 and converting to a REIT gives them an almost immediate 30% profit, that is what I believe you'll see. I am very long the MGM $22 calls at under .90 as well as some common
    Jun 22, 2015. 04:41 PM | 1 Like Like |Link to Comment
  • Tracinda to sell off position in MGM Resorts [View news story]
    I know that there are 2-3 hedge funds who already hold a posn. in MGM looking to buy up the block to avoid the shares taking a hit, also the ability to buy 6-8% below market is always a nice perk.
    Jun 19, 2015. 06:25 PM | Likes Like |Link to Comment
  • National Beverage Corporation: A 6 Point Inspection [View article]
    In that sector it's mandatory
    Jun 12, 2015. 11:04 AM | Likes Like |Link to Comment
  • National Beverage Corporation: A 6 Point Inspection [View article]
    I just tasted today the NEW NiCola and it's really good, no aftertaste and not at all sweet, hard to describe the taste it doesn't taste like Coke or Pepsi in that regard but I'll drink more when it's available for purchase in NV
    Jun 11, 2015. 10:56 PM | Likes Like |Link to Comment
  • Anti-soda push picks up in San Francisco [View news story]
    They force cigarettes to put labels on their own product saying "smoking will kill you" yet alcohol, which kills many more than smoking and kills folks who don't partake, has no real warning and isn't taxed as cigarettes do, apparently the alcohol lobby is so far better than the tobacco lobby, truly pathetic
    Jun 10, 2015. 09:10 AM | 4 Likes Like |Link to Comment
  • Noble And Transocean: A Tale Of Two Drillers [View article]
    I agree with your analysis and thus I still will not buy either's common stock however I do own and will hold the debt of RIG, a $20bb backlog with debt that matures in both 2018 & 2020 I'm OK with that
    Jun 3, 2015. 08:42 AM | 1 Like Like |Link to Comment
  • National Beverage Corporation: A 6 Point Inspection [View article]
    It won't get sold until Nick decides to retire or there's a really high offer made, I do NOT expect the latter. As for the amount of the special dividend, in the past it has been around 75-80% of earnings since the previous special dividend. (approx.) so last year earnings were .91, this year ~$1.05, would be $1.55 as of now, if put off another 12 months then would be around $2.25-$2.50. Either way I'm holding my shares so the div. is just a nice tax free gift. (In a Roth IRA)
    Jun 2, 2015. 01:20 PM | Likes Like |Link to Comment
  • National Beverage Corporation: A 6 Point Inspection [View article]
    I have owned this company for well over 10 years and have developed several firm beliefs about the company and the stock. The CEO works tirelessly for the shareholders, as you said, he owns 74% of the shares. As a way for him to monetize his shares without selling any the co. pays a "special Dividend" approx every 24-30 months, generally amounting to around $2.50-$3 / share, this is coming due. Owning 74% allows him to make any/all decisions which when the person in that posn. is as intelligent and shareholder friendly as Nick is makes me feel really good. When the time comes for Nick to retire I have no doubt he will find a buyer at a very fair price to take over the co. and again reward all longer term shareholders. All the minutia about changes in FCF or declining revenue matters, but not as much as with many other companies for the reasons I mentioned above. So buy and hold and then just be patient.
    Jun 1, 2015. 03:55 PM | 1 Like Like |Link to Comment
  • McDermott grabs large contract amendment for work in Hout field [View news story]
    Yes, options, however if you don't have experience with them I suggest you do some studying before you use real money, do some phantom trades and check out
    May 5, 2015. 09:34 AM | Likes Like |Link to Comment