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John Troup

John Troup
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  • On The Perils Of Management Access And Straying From Process: My Adventure With Jones Soda [View article]
    At .40 per share and no debt and a CEO that put $500,000 into the business (yes, they were .29 stock options), I will take my chances. Maybe a high margin fountain program succeeds.
    Feb 16, 2015. 10:57 AM | Likes Like |Link to Comment
  • On The Perils Of Management Access And Straying From Process: My Adventure With Jones Soda [View article]
    What customers did you speak with?
    Feb 13, 2015. 11:48 PM | Likes Like |Link to Comment
  • American Capital's 2nd Quarter Results Show Transformation Progress [View article]
    Thank you for the article Alan. I did not read the annual report, but do these floating rate notes have interest rates that cap out at some point? If ACAS is using short term borrowings to buy these notes then I could see a situation where borrowing costs exceed the interest income. Also, I buy MAIN and they have a mix of investments and their NAV is substantially less than the current stock price, plus their dividends have been exceeding 7%. I also have CYS, which I believe only buys debt, and although the dividend is over 12%, the market value has plummeted. So I understand unlocking value, but the emphasis on buying debt introduces a new set of risk factors.
    Sep 9, 2014. 10:14 AM | Likes Like |Link to Comment
  • Microvision's (MVIS) CEO Alexander Tokman on Q1 2014 Results - Earnings Call Transcript [View article]
    One investor and "No Limits Capital" asking questions. You have to wonder if everyone has simply given up on this company.
    Jun 23, 2014. 12:44 PM | Likes Like |Link to Comment
  • Microvision Is Still A Short [View article]
    I don't think shorts have anything to do with the MVIS slide back to $2 again. MVIS has led us on time after time with promises of some big name that is going to lead us to the promised land. Sure, Sony is a big name, but look at the press release. All they are doing is selling (an assumption) something that is already available on the MVIS website - a PICO projector that you have to hook up through a phone or a computer. Anything significant beyond that would have been reflected in the stock price, which is right back where it was when this Sony press release was published. So blame shorts and bashers, but reality is that this is the same old story warmed over - again.
    Feb 25, 2014. 09:58 PM | Likes Like |Link to Comment
  • Microvision Is Still A Short [View article]
    I did not read anywhere that this device was going to be incorporated into a phone. It still appears to be ancillary to another device. MVIS has had this product on the market for a long time and it does not sell. In the past MVIS has alluded to phantom companies that are going to use the technology, but nothing ever happens. Now comes Sony. They still have to develop the product into a phone and people have to want it and Verizon and everybody else has to want it also. This looks like another decade of development if the past has any clue to what is ahead. And the guy who commented that he has owned the stock since 1998 won't even see 10% of his investment even if this thing is successful in a decade. I am a shareholder and am so far underwater at this point that this stock can only be used to offset gains in other stocks. Anyone who has owned this stock for 5 years or more no longer believe what MVIS puts out - Sony or no Sony. I hope I am wrong.
    Feb 21, 2014. 10:40 PM | Likes Like |Link to Comment
  • Will Kimco Get To $30? [View article]
    The dividend is not going to reach pre 2008 levels soon. Remember that the stock was diluted by about 30% for a meager $8 per share. I know that the author is infatuated by KIM management, but much of what caused this fire sale was written about extensively for at least a year prior. Enough was written in The Economist to give these guys a clue. Additionally, communication to shareholders was silent on this debacle. Management at Kimco is average at best.
    Dec 17, 2013. 02:52 PM | 2 Likes Like |Link to Comment
  • Main Street Capital: More Than Just Dividends? [View article]
    MAIN recently invested approximately $24 Million in a company called Impact Telecom. I normally am impressed with MAIN's investments and the proof is in the excellent returns that we all realize. This telecom has caused me a little concern. A quick glance at their website features an old concept called "dial around codes". These codes are associated with shady business practices and customer rip offs. I just hope MAIN did their homework on this one.
    Jul 12, 2013. 11:23 AM | Likes Like |Link to Comment
  • Pitney Bowes - Avoid This Dividend Siren [View article]
    12/31 gross profit was the best of the last four quarters, even with declining revenues. Perhaps the "author" would care to explain that. Additionally, the junk mail in my home mailbox is not declining. While PBI has a successful established business at least they are trying to reinvent themselves. How many startup's rely on equity infusions for one single product with no established revenue sources?
    Apr 11, 2013. 10:01 AM | Likes Like |Link to Comment
  • Caveat Emptor Beckons [View article]
    Pablo
    Thank you for mentioning MVIS. Pico is a good idea but for whatever reason the cell phone manufacturers don't want it. MVIS has periodically announced some big contract without ever naming the customer. The stock goes up and then nothing develops and the decline continues. Now the other day the same thing happens, another phantom customer and the stock rises substantially, except that now it is right back to where it started from. Right now the only good thing I can say about MVIS is that is will be a future offset to capital gains.
    Apr 5, 2013. 02:55 PM | 1 Like Like |Link to Comment
  • Rambus Shares Rally, Here's What You Need To Know [View article]
    I admit that I own some of this stock. Every once in a while I am tempted to buy more but then ask myself, "what court case will they be losing next?" Or, wondering if the executives that approved the evidence shredding are still with the company. I think Jason would be best served in learning a little about the history of this company. Then ask why someone would buy a company based on the discretion of some judge. I will just hold my stock until it either goes up or I can use it as an offset to other capital gains when Obama raises the capital gains tax. Sadly, its more valuable to minimize taxes at a later date.
    Feb 22, 2013. 11:20 AM | Likes Like |Link to Comment
  • Kimco's 2009 Dividend Cut Weighs On Our Outlook [View article]
    It is also worth mentioning that Kimco management diluted the stock by about 30% at around $8 per share. They waited until the stock got about as low as it could go before this sale even though many indicators were in their faces during that entire year. That is a huge obstacle to overcome if there are hopes for a return to past dividend rates.
    Jan 17, 2013. 11:41 AM | Likes Like |Link to Comment
  • Main Street Capital's Dividend Isn't 'Special' Enough [View article]
    The article, while informative, does not analyze the investments that MAIN owns. Seems to me that they are pretty well diversified and are providing excellent returns even though its not all showing up in payments to us, the investors. The dividend return on my basis is well above 7% and I am happy to watch the market value rise as a bonus. Like any other investment, good honest management making the right choices will lead to good overall returns. These people seem to be better than most.
    Nov 28, 2012. 11:14 AM | 4 Likes Like |Link to Comment
  • My Mad Method: What Next To Buy, And Why? - October, 2012 Update [View article]
    MAIN's last secondary was at about 23. I think it recovered in a matter of days. Their portfolio is well diversified and earnings seem to be keeping up with the stock price.
    Oct 8, 2012. 11:04 AM | Likes Like |Link to Comment
  • Cramer's Latest List: 2 Buy And 3 Avoid Ideas [View article]
    PBI "negative eps reports"? 400, 300 and 600 million of positive earnings in 09, 10 and 11. Last 4 quarters is nearly $700 million. The dividend is covered by more than 2 to 1. I realize this is just a simple analysis, but it seems like a company that could make money in 09, the two following years and record levels in the last 4 quarters is not to be written off lightly. Remember, a lot of what Cramer puts out there is garbage. Its a type of investing based on hype and not a lot more.
    Oct 2, 2012. 01:15 PM | Likes Like |Link to Comment
COMMENTS STATS
39 Comments
32 Likes