HOFT was recommended by American Association of Individual Investors in the very low teens, or maybe even lower, about a year ago. I bought at $13.90 in my IRA for the dividend. This AAII recommendation alone has more than paid for my lifetime membership in AAII. AAII is still recommending HOFT as a BUY.
I also bought AAII recommendation of Rocky Brands (RCKY) at $14.39 about a year ago for the dividend also.
They seem to be executing very well. Not sure Homeware will make it but if nothing else a great experiment and learning experience. The "young-urban-no-car-apartment-dweller" market won't all go to Ikea, so worth trying imo. Jan 10 buying looks pretty smart here just 90 days later.
just glancing at the news, looks like GTAT wants BK filings that are "double super secret", talk about an info vacuum for investors-speculators-gamblers
my bet had ended up at "decent used car" size, just sold 60% of the car, since I honestly know nothing about whats going on. the 40% left, that we'll just let ride, worse case salvage out 50-75 cents, and who knows, maybe in a year or 3 its 15-$20 stuff. Or even book value which yahoo says might be 1.50
so--gtat---there might be a real company there. Might even still be a company that has a bright future with AAPL. there are probably acres of sapphire furnaces in AZ right now with little to do. probably. will acres of furnaces soon be busy??
inefficient pricing: certainly included: surprise, fear, panic, margin calls, even "rules" requiring "no BKs allowed in my holdings", etc. Is gtat a zero for equity? could be but not overnite, isnt right now. Reality on all this, TBD.
thoughts: Was Apple really that wrong about GTAT, their abilities (to ramp and deliver product)? The schedule did seem unbelievably aggressive to me.
I read one, and only one piece right after the iP6 launch that "gtat missed by two weeks", two weeks was why no sapphire screen. That made it easy to think that a 6S might show up fairly soon (like the 5S) with S meaning sapphire this time.
surprise for sure. just posted over at wtt re gtat, got some $1 shares, on zero DD. so, assume they really were to supply sapphire laminate for iP6 and could not deliver on time, so no revenue. just a gambling bet, but some Ch11s do come back, equity not always zeroed vs EVERY BK filing does get dumped, so there can be a pricing inefficiency there.
huh, put up a nice post here earlier, apparently yahoo bounced it because it contained a link to a Yahoo "news" piece on baba. Gotta love Yahoo for destroying any value that was ever in their message boards.
I keep looking at rndy some. there is no-zero div, yahoo always misreports a div, almost a year now. will chicago-Marianos come on quick enough to service their debt load gracefully? tbd I guess, my dd there is minimal, just interested.