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Arrow Hendrick

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  • As China Opens For Additional Investment, Jumei International's Major Shareholders Could Be Preparing To Sell [View article]
    Notice that while management was quick to point out promotions regarding the rebate cards... they neglected to mention the operating expense line where actual marketing expense plummeted Q/Q from $21.93m to $15.99m. Without that cut operating income would have been absolutely crushed.

    The drop in fulfillment expense Q/Q also looked fishy.

    More trouble ahead is my prediction.
    Nov 20, 2014. 12:48 PM | 1 Like Like |Link to Comment
  • Barrett Business Services (BBSI): Throwing Good Money At Bad [View instapost]
    News release from BBSI's website:

    "The arrangement with ACE addresses the requirements of California Senate Bill 863, under which the Company cannot continue its self-insurance program in California beyond January 1, 2015."

    http://bit.ly/1yzkcbo
    Nov 12, 2014. 11:04 AM | Likes Like |Link to Comment
  • An Overview Of The U.S. Tobacco Market [View article]
    This is a great insight that is simple enough but often overlooked:

    "First, I often feel the articles posted on the website, while informative, do not cut to the meat and potatoes of how the industry works and why the stocks offer attractive, long-term investment returns at the right price. Attributes such as dividends and repurchases are the symptoms of a good business. One must find the cause of a good business as the symptoms could easily mask the true underlying economics of an industry."
    Oct 1, 2014. 03:09 PM | Likes Like |Link to Comment
  • Horizon Pharma ... Initial Notes!  [View instapost]
    Congrats... great work!
    Jul 28, 2014. 12:11 PM | Likes Like |Link to Comment
  • 7 Questions For Plug Power Investors [View article]
    Catsrevenge-

    Are you Chris Marashlian?

    Or are you illegally using his picture to make yourself look more legitimate in pumping PLUG?

    http://bit.ly/1t115pL
    Apr 14, 2014. 01:21 PM | 2 Likes Like |Link to Comment
  • MannKind: Follow The Smart Money [View article]
    I have no opinion on MNKD but I'm guessing the funds that are short don't view the risk/reward proposition as "horrendous". Most likely as a result of some serious DD.
    Mar 11, 2014. 10:40 AM | Likes Like |Link to Comment
  • TAL International Warning Signs Continue [View article]
    Thanks for the write-up.

    Any idea how much of the drop was due to fake exports is the past numbers that China is now cracking down on? It's been getting some press.

    Also, last year CAP changed the way they depreciated containers (extended their life) in order to give earnings a boost. Have you looked into how TAL/TGH/CAP depreciation policies vary company to company? Wondering who is the most aggressive in the group.
    Mar 11, 2014. 10:31 AM | Likes Like |Link to Comment
  • Lucas Energy Appears To Be Turning The Corner, But Remain Cautious [View article]
    With all the talk of expense cutting it's interesting the board just decided to up their own salaries by 66% (from $3k to $5k per meeting):

    "Effective January 1, 2014, the Compensation Committee has approved the following cash compensation for the Board of Directors: (a) each member of the Board of Directors will be paid $5,000 per calendar quarter ($20,000 per year) for services to the Board of Directors"

    http://1.usa.gov/1d5Llfq

    Each member also received another 50k options at $0.98.
    Jan 3, 2014. 11:53 AM | Likes Like |Link to Comment
  • FAB Universal Media Kiosks: A Fundamental Misunderstanding? [View article]
    "On 11/19/13 FAB CEO Chris Spencer acknowledged receipt of an email from me that contained a copy of the bond prospectus, clearly showing that FAB's VIE subsidiary was the issuer. Even though Chris had evidence in hand that proved the bonds were issued, he nevertheless authorized a press release the following day containing a "vehement denial" of all the allegations."

    Totally unacceptable. Wonder what the independent investigators and ultimately the SEC are going to say about this fact.
    Dec 17, 2013. 12:51 PM | 2 Likes Like |Link to Comment
  • FAB: Where Are Your Beijing Media Kiosks? [View article]
    Stock just printed at $2.00 in the after market today.

    http://yhoo.it/19O63de
    Dec 16, 2013. 04:32 PM | Likes Like |Link to Comment
  • FAB: Where Are Your Beijing Media Kiosks? [View article]
    "Clearly, publishing locations is not part of FAB's business plan."

    Sounds like a winning business plan to me. Drive customers to the kiosks by... hiding them!!!
    Dec 13, 2013. 12:44 AM | 1 Like Like |Link to Comment
  • Why There's More Downside To Come For InterOil [View article]
    Excellent post Craig. Thank you!
    Dec 12, 2013. 12:57 PM | Likes Like |Link to Comment
  • FAB: Where Are Your Beijing Media Kiosks? [View article]
    FAB's explanation on the kiosks is a joke.

    As stated in their filings under FAB franchise program: "the franchisor (FAB Culture) is responsible for the complete set-up of each FAB outlet from the location selection to construction or conversion, remodeling and equipment installation."

    So FAB itself was responsible for everything from location selection to construction to installation of the kiosks?!?!?!? Yet they can only verify that licenses have been sold?!?! Come on...
    Dec 11, 2013. 09:58 AM | 1 Like Like |Link to Comment
  • FAB Universal: Management Caught Red-Handed Covering Up Piracy [View article]
    Great question. Odd things happen in this space. Here's one example regarding China Medical Technologies from Roddy Boyd:
    http://bit.ly/1aEF4DR
    Nov 19, 2013. 05:42 PM | Likes Like |Link to Comment
  • FAB Universal: The Face of Piracy In China [View article]
    Best of luck to you. I'd read carefully the S-1 linked to above starting with the sections:

    "The issuance of shares of common stock to the Selling Stockholder may significantly dilute existing shareholders...."

    Followed by:

    "SELLING SECURITY HOLDER
    On September 9, 2013, we closed a Securities Purchase Agreement by which Alpha Capital Anstalt..."
    Nov 19, 2013. 05:22 PM | 1 Like Like |Link to Comment
COMMENTS STATS
112 Comments
144 Likes