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sadmk28

sadmk28
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ETP, INT, RGR
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  • Gun-control legislation that would have required background checks online and at guns shows fails in the Senate by a 54-46 vote, short of the 60 required to pass. Some of the reasons for its falling short include concerns over the unnecessary burdens on law-abiding gun owners, and claims that it violates the Constitution’s right to bear arms. [View news story]
    Bingo !

    The reason is,they want to get to registration as quick as possible and don't want to address school safety !

    1) Nothing-no laws change, goes on "inside" a gun show then outside,all FFL's must use NICS for sales.Same with gun sales over internet-ALL interstate sales MUST go through FFL (and NICS)
    2) Criminals do NOT buy guns,they steal them !
    3) Nothing in that bill would have stopped Newtown,what would have stopped it is armed guards at the school-like 1/3 have now
    Apr 18 06:55 AM | 2 Likes Like |Link to Comment
  • Energy Transfer Partners: An Undervalued MLP Worth Checking Out [View article]
    I agree that would help the share price greatly,distribution increase's have for other MLP's.That said the strong yld has made it much easier to hold the shares over the years even without share price appreciation.I have been in it since 07 and added shares with each dist which helps.
    Apr 17 06:55 AM | Likes Like |Link to Comment
  • Sturm Ruger (RGR): Q4 EPS of $1.00 beats by $0.18. Revenue of $141.8M (+52% Y/Y) beats by $17.8M. Shares +1.8% AH. (PR[View news story]
    Drive by the plant every day,place is hopping,lots of friends and neighbors got their big bonus too.

    Thank You RGR !
    Feb 27 06:08 PM | Likes Like |Link to Comment
  • Friday's Sell-Off Is A Buying Opportunity For This Fast-Growing Energy Services Consolidator [View article]
    Yes and CSV is doing now in the funeral Business.

    The land has been the big growth engine and helped as they pulled back in marine-I get the sense from the CC they are very risk averse in Marine now and taking lower margin less credit risk customers.
    The last couple of acquisition's where a benefit to the stock price,perhaps that will be the case next time as well.
    Feb 24 08:55 AM | Likes Like |Link to Comment
  • Friday's Sell-Off Is A Buying Opportunity For This Fast-Growing Energy Services Consolidator [View article]
    In listening to the CC,the analyst's like other times before always seem to have a hard time modeling the business.I think that leads to a lot of the miss's and beats.Not your normal business

    Strong balance sheet, still a lot in the revolver and your right the like to do acquisitions- accretive ones.
    Feb 22 04:20 PM | Likes Like |Link to Comment
  • Friday's Sell-Off Is A Buying Opportunity For This Fast-Growing Energy Services Consolidator [View article]
    Been in INT for over 16 years and two splits-bought it way back when Steve Leeb was doing his newsletter.I have a good bit with all the splits and,so far, been successful at selling OTM calls to boost a divy.

    What are your thoughts on this Multi Service Acquisition?I recall when they bough AvCard
    I also think a lot of the less then stellar earnings-they tend to beat more then miss,was due to the Land-big growth engine last few Qtrs,had some Sandy related issues
    Feb 22 03:57 PM | Likes Like |Link to Comment
  • 2 High Yield Picks From The Pages Of This Week's Barron's [View article]
    I have been in ETP for 3 years and sure hope they finally get to raising the distribution when the dcf allows.Been getting paid nicely thou while I wait.
    Jan 14 10:56 AM | Likes Like |Link to Comment
  • The FBI reports it conducted a record number of background checks for consumers wishing to purchase a firearm in December as the number of checks almost hit 2.8M for the month. While the demand surge is positive for Sturm Ruger (RGR +0.1%), Smith & Wesson (SWHC +1.8%), and Cabela's (CAB +1.9%) - KeyBanc is out with a note warning that the current high level of demand for guns is unsustainable over the course of the year. [View news story]
    The only thing that might slow sales in not lack of demand,its lack of supply. Every gun shop and distributor is cleaned out of and AR platform rifle and the shelves are getting bare of many other guns.Some buyers are doubling their money by flipping them by selling on the auction sites (G/B and A/A- perfectly legal as they still got to a 01 FFL for transfer).
    Jan 3 07:24 AM | Likes Like |Link to Comment
  • Sturm Ruger: Looks So Good, That It Can't (Or Couldn't) Be... [View article]
    No, but I can imagine a company like RGR( or SWHC) that makes is money over saving people. The only way you can stop a bad guy with a gun is a good guy with a gun.The police and military and yes even the public do that every day.

    It is indeed Christmas season
    Dec 24 01:31 PM | 4 Likes Like |Link to Comment
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6 Likes