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  • Important Events In Front Of Reading International Q2 Report [View article]
    Up nice today with heavy volume. Any news I might be missing?
    Aug 19 03:58 PM | Likes Like |Link to Comment
  • Willi-Food: A Ridiculously Cheap Food Company [View article]
    This was discussed in a previous article on WILC:
    Aug 19 10:16 AM | Likes Like |Link to Comment
  • Update: The Fire Phone Flops Like A Dying Fish [View article]
    Well for one thing I never said whether Amazon should or shouldn't. I said Google shouldn't allow them to use their Android software and be able to exclude Google Play. That said some people, myself included, would never get an Amazon Fire phone or tablet specifically because they don't allow Google Play, so maybe it isn't such a 'business savy' move.
    Aug 19 09:54 AM | Likes Like |Link to Comment
  • Update: The Fire Phone Flops Like A Dying Fish [View article]
    The main reason I'd never get an Amazon Fire tablet or phone:

    Amazon Fire Phone 'traps' user in Amazon world: Consumer Reports -

    I never understood why Google allows them to exclude Google Play.
    Aug 18 08:19 AM | Likes Like |Link to Comment
  • Update: American Lorain Earnings [View article]
    Have you had it with Chinese stocks yet? I never bought ALN, but had bought GPRC a while back and luckily sold out after a bad earnings report with a very minor loss. It seems to me these stocks are a crap shoot at this point and it is very hard to verify the validity of these business. They tend to be very appealing on paper with large cash balances and low P/E's, but it seems to me very few of them work out.
    Aug 18 07:57 AM | 1 Like Like |Link to Comment
  • Why Consolidated Tomoka Is Taking Off And Headed Much Higher [View article]
    Except when I compare the charts of CTO to LEN, DHI, KBH, and PHM since January 2005 CTO has outperformed all of them. So maybe vacant land is hard to sell in a downturn, but then again it doesn't cost much to hold it either so as long as they aren't heavily levered. I don't think CTO invests much in land development until they have deals in place.
    Aug 17 01:00 PM | Likes Like |Link to Comment
  • Why Consolidated Tomoka Is Taking Off And Headed Much Higher [View article]
    Interesting article Nat. Jeff does raise some good points. That being said I am a fan of David Winters and would not be one to bet against him. Winters is a buy and hold investor. If he likes something that means he has a long term vision about it's potential. It's at least worth looking into. The recent land sale was welcome news.

    Jeff - What do you mean by stagnant for years? The stock was trading at 30 two years ago.
    Aug 16 09:58 AM | Likes Like |Link to Comment
  • ChipMOS: Undervalued By At Least 40% Relative To Industry Peers [View article]
    They set their gross margin estimates for Q3 to 23 - 26% (this Q was 23.6%). They are usually quite conservative with their guidance so I would expect them to be near the top of that range.

    I would also say using P/S isn't really fair considering IMOS has a much stronger balance sheet than either ASX or AMKR.
    Aug 15 07:48 AM | 1 Like Like |Link to Comment
  • Strong Catalysts And Sum Of The Parts Shows Potential For BBX Capital [View article]
    Well they are welcome to buy on the open market, but I don't think most BBX shareholders are willing to accept market price. I know I'm not. Besides once the SEC lawsuit is settled I'm pretty sure you'll see BBX shares fly up. As Dan mentions the merger price was voted on and approved by shareholders. It can be cancelled by either party at this point but a new deal would then to go through another vote. I can assure you if they try to change the deal to lower the price I would not vote for it.
    Aug 13 01:51 PM | 1 Like Like |Link to Comment
  • 2 Contrarian Plays In Housing [View article]
    I agree. Don't worry, I'm patient to a fault. I'm still patiently waiting for the Mets to win another World Series too :-).
    Aug 12 03:16 PM | Likes Like |Link to Comment
  • 2 Contrarian Plays In Housing [View article]
    I'm surprised UCP is down today. They made great strides this Q and I thought the earnings report was pretty good. The only thing I can see people nitpicking about is gross margin, but that should continue to improve as their communities mature and they continue to benefit from economies of scale. They indicated the Citizen's acquisition should start to really contribute at the end of next year. In the meantime they are growing home sales and revenue quite rapidly.
    Aug 12 03:06 PM | 1 Like Like |Link to Comment
  • LeapFrog: Product Cycle Refresh Provides The Road Map For Substantial Upside [View article]
    "LeapFrog is in the doldrums due to a transitory issue caused by overestimating the demand for its flagship product during the 2013 holiday season. This is not a one hit wonder company."

    It's not a one hit wonder? Sorry, what was their second hit?

    I was very lucky to sell out of LF in the 11's last August after I panicked over early reviews of the Leappad 2. After that I began to realize that they are in fact pretty much a one hit wonder. Look back at the stock price back in the early-mid 2000's when they came out with their original iteration of the Leappad (not to be confused with the Leappad tablet they came out with a few years ago). That was their one and only hit at the time and after sales died down they became unprofitable and the stock struggled for years.

    The Leappad Ultra was supposed to be a huge success and it flopped. That is not just an 'inventory issue'. Not only is the hardware expensive to purchase, but the software is expensive at well. It's pretty clear to me that parents don't want to pay that price. They just hand their kids a tablet and let them play whatever free games they can download for them. I see this everywhere I go.

    Although I haven't checked since I sold they should be almost done with their NOL's so they will start paying income tax as well. That will be a big hit to profitability.

    So unless you think the Leapband or LeapTV are going to be smash hits, which I find to be a dubious claim (especially the Leapband which I anticipate being a complete failure much like the adult versions other companies have come out with have been) I don't care how much cash they have. They have been claiming for years that they 'need' this cash for R&D and expansion so their meager stock buyback is practically meaningless.

    As for them getting bought out I've heard this so many times over the years I get tired of hearing it.

    Aug 11 09:01 AM | Likes Like |Link to Comment
  • Micronet Enertec Represents A Potentially Explosive Growth Narrative With Asymmetric Risk Skewed To The Upside [View article]
    Sylvester - Any insight for this extreme drop? There is some extremely heavy selling going on here. Whoever is selling seems to want out pretty badly.
    Aug 7 05:38 PM | Likes Like |Link to Comment
  • BBX Capital Potential Part 2: Overview Of Legacy Assets And Their Potential [View article]
    Instead of merging I wonder if they'd be better off doing a swap so that BBX is all RE and BFCF is all Woodbridge. It would certainly help to value them easier. They might not even have to wait for the lawsuit to finish to do it.
    Aug 7 02:28 PM | Likes Like |Link to Comment
  • Important Events In Front Of Reading International Q2 Report [View article]
    No argument there!
    Aug 6 10:02 AM | 1 Like Like |Link to Comment