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U.S. Concrete, Inc. Message Board

daninfw04 309 posts  |  Last Activity: 58 seconds ago Member since: Mar 23, 2004
  • daninfw04 by daninfw04 Oct 11, 2014 11:02 AM Flag

    We all hoped one great article on the spectrum value of EVC would pop the stock. Honestly, if market keeps correcting we might see $3.50+/- but things have now changed. EVC is sitting on the highest spectrum value of any publicly traded stock......300% of enterprise value. That value will be unlocked but won't be any time soon. That's why it's called an investment. I also thought the shorts may have been playing EVC. Short interest came out yesterday after close and EVC dropped about 65,000 share short last two weeks. They covered. I also don't expect any major announcements from EVC about what they are going to do about their spectrum until they actually do it. For those of you that don't understand a reverse auction let me try to briefly explain. Let's say their are 5 stations in a market and the value is $100 million. If I want to sell mine I don't want others to know I might sell. So, even though the FCC says it's worth $100 million, I am willing to take $110 million. I tell them I want $110 million. If another station says I will take $105 million and another says I will take $98 million......then the FCC buys the spectrum from whoever is willing to sell it for $98 million. But, let's say there are 3 buyers instead of just one.......then the spectrum get's bought at all three prices. The FCC accepts the LOWEST bid not the highest. If the FCC wants to buy spectrum in a market and no station owner wants to sell they can actually raise the starting bid to encourage more interest. The point is, EVC doesn't want to alert any other station owners as to their intentions till the last minute. It's like showing your cards in a card game. We will wake up one morning and the news will be such that the stock price could jump several dollars immediately. May be months and even over a year. No other company comes close to the value per share of EVC. The others are about 50% or less of enterprise value. EVC is 200-300% TIMES ENTERPRISE VALUE. DaninFW

    Sentiment: Strong Buy

  • daninfw04 by daninfw04 Oct 11, 2014 10:50 AM Flag

    For the record, I used to think that contranut and lying monger were aliases. No way that is true. Contranut is not smart enough to be lying monger. He just takes ideas from lying monger and supports them. He doesn't have a clue to the market. He says he does research and doesn't share. That's because he truly has little or no advice. Would you want to take the advice of someone that said he thought EVC was worth buying just 2 weeks or so ago, posted why he bought and then 2-3 days later removed the post and started bashing again? Boy, I really want to follow someone like that. If you click on his name you will find all he does in troll message boards of stocks that are down a bunch. Then, he attacks whoever is supporting the stock and tells everyone how stupid they are for buying the stock. He disappears for months at a time and then comes back on any weakness to tell people how stupid they are for listening to someone else. He never comes around when the stocks are going up. He is a poor excuse for a human being that enjoys insulting people, belittling people and telling them how dumb they are. He doesn't share his research because that's not his game. I suspect he actually trades very little if any. For the record, as an example he attacked Lee for buying JDSU. I didn't even know what the company was till I pulled up the stock symbol. Lee is not me. Lee is the same as Lee, Leekatz and wow1smallworld. For those that actually do their research, unlike contranut, months ago, wow1smallworld actually posted that yahoo had locked him out of his id just as they did me 10 years ago. He had to change to leekatz. I don't know why he did the recent lee but he isn't trying to hide things like lying monger who is actually outpissed and golf.messiah just to name a few. Contranut will be gone soon.DaninFW

    Sentiment: Strong Buy

  • Reply to

    Investment advice

    by contra_guy Oct 10, 2014 3:47 PM
    daninfw04 daninfw04 Oct 10, 2014 5:21 PM Flag

    Please go to the library and stay there. Liar. DaninFW

    Sentiment: Strong Buy

  • Reply to

    Contranut

    by daninfw04 Oct 9, 2014 2:18 PM
    daninfw04 daninfw04 Oct 9, 2014 4:02 PM Flag

    I'm happy with my current 220,000 EVC position at $5.29 minus dividends. Bought too soon. You still have a chance to make a bundle too. DaninFW

  • Reply to

    Poor Danielle

    by contra_guy Oct 9, 2014 3:47 PM
    daninfw04 daninfw04 Oct 9, 2014 3:56 PM Flag

    No I got it right. It's contranut or is it contraliar? You said you put me on ignore. Lied about that to. DaninFW

  • daninfw04 by daninfw04 Oct 9, 2014 2:18 PM Flag

    Contranut really showed how stupid he is. Said I was down $220,000.....he's the one that calculated my average cost at $5.29 for 220,000 shares. He didn't consider I had received 5 cents dividend on most shares and 2.5 cents on the rest.. At current price of $4.50 when he typed this I was only down $173,800 even though I also collected over $7K in dividends. Boy, he can't even use a calculator. He did say it would take 5 years to get my money back. I will soon be several hundred thousand in the black. It's nice that he's worried about my loss to date.......I'm not. He's not used to investing more than a few hundred dollars at a time. These numbers too big for him to conceive. For the record, I think it's now an $8-10 stock while other's much smarter than me think it's $10-15 based on spectrum. To unlock the value, we must depend on the decisions made by EVC management which leaves much to be desired. DaninFW

  • Reply to

    Plea for Help

    by daninfw04 Oct 8, 2014 4:33 PM
    daninfw04 daninfw04 Oct 9, 2014 9:48 AM Flag

    Thanks. That makes me perhaps want to take a look at LIN as the date gets closer. They said they plan to close by end of year now. I had thought Buffett had cashed in his options he got on MEG when he loaned them the money before. I didn't realize the bonds got taken out as well. Thanks. DaninFW

  • Reply to

    Plea for Help

    by daninfw04 Oct 8, 2014 4:33 PM
    daninfw04 daninfw04 Oct 9, 2014 9:34 AM Flag

    I had read one group was getting all cash first. It was a big issue at one time. Did they back off? DaninFW

  • Reply to

    Plea for Help

    by daninfw04 Oct 8, 2014 4:33 PM
    daninfw04 daninfw04 Oct 9, 2014 9:33 AM Flag

    I could add a lot about ROIAK as well. No way. They only traded 1,000 shares yesterday. DaninFW

  • Reply to

    Plea for Help

    by daninfw04 Oct 8, 2014 4:33 PM
    daninfw04 daninfw04 Oct 8, 2014 6:20 PM Flag

    I watch both stocks daily. When merger is complete MEG will be second largest just behind SBGI. The formula for the exchange for cash, stock or combination of both is confusing. I read months ago that one large fund that controlled LIN had first right for all cash payment and others would be given what remained of cash and stock for their shares. Very confusing. I actually believe that MEG may be one of the best buys in the sector. Wells Fargo said their hidden spectrum was also worth $4 per share cash. That's just selling extra and not having to move channels, sell channels or anything. Right now, any station that has FOX stations is getting hit. MEG only has 1 FOX station, while LIN has 9 and GTN has 5. FOX just lost future NBA games. MEG has also got Warren Buffett as a bond holder and stock investor. I think MEG could double after the merger. JMVHO. DaninFW

  • daninfw04 by daninfw04 Oct 8, 2014 4:33 PM Flag

    I know I am not on the best of terms with contranut and lyingmonger but I really could use their help. I am having trouble finding good investments. The two of you have proven totally inept and recommend to sell stocks that have the potential to double, triple and even quadruple. Could both of you please give us your current picks so we can do the opposite of your recommendations. You guys are the best contrarian indicators I have ever witnessed in over 40 years of investing. Everyone that bought EVC at $3.90 to $4.00 past few weeks while you screamed sell......have made 14-17% on their money already. The two of you have no concept of cash flow and how it is used to pay off debt, buyback stock, pay dividends, et. so feel free to give us companies with high cash flow that you think are a sell. We would love those. Also, any other broadcasters where the spectrum is worth 300% of enterprise value would be nice also. I am waiting with baited breath. DaninFW

  • Reply to

    New World Order-GTN VS EVC

    by daninfw04 Oct 6, 2014 3:10 PM
    daninfw04 daninfw04 Oct 8, 2014 8:59 AM Flag

    HOV has been down because many recent housing reports have been weak. Also, concern for higher interest rates. Headline today is mortgage rates have dropped again and could spur demand. DaninFW

  • Reply to

    New World Order-GTN VS EVC

    by daninfw04 Oct 6, 2014 3:10 PM
    daninfw04 daninfw04 Oct 7, 2014 7:53 PM Flag

    I don't ever worry about buying at the bottom. It's nice when you buy something and it never goes down. That's not reality. I bought EVC at $6.09 with adjusted cost of $6.04 after dividends all the way down to $4.47. Average cost $5.29 on 220,000 shares. I think $5.29 is a good investment. Those of you buying now are really getting a bargain......a gift. As for HOV, that's a great story. When it was under $1 there was an idiot on the HOV board 2-3 years ago that said HOV was going bankrupt and posted daily all his credential of being in the building industry and CFO of several home builders for 40 years. I argued with him for over 6 months. He owes me a lot of money as we made a bet.......but he hasn't posted in years now. I ran him off. Ladaclay was his handle. HOV is going to make a ton of money in a nutshell because of land. Ladaclay thought HOV was wasting money buying prime lots in the downturn for under $17,000 each. They are now selling these lots with houses for $80,000 to 150,000 a lot. They don't have to make a penny on the houses. They are making it on the land. They may sell a house for $450,000 and part of the price is say $100,000 for the land......they paid $20,000 for. They can actually lose money on the houses. As housing continues to improve they will make a ton of money. I think they will make 35-50 cents in 2015 compared to 13 cents in 2014. Last quarter they made 11 cents and expect was just 9 cents. For the record, I just hold 55,000 HOV at present. DaninFW

  • daninfw04 daninfw04 Oct 7, 2014 7:43 PM Flag

    Honestly, I think there's a 50% chance they will miss by a penny or beat by a penny. I look for 9-11 cents with expect 10 cents. National ads are weak. All the experts are saying that political will be up but late. That means most will hit this month not last month. Might even say 60% chance of miss by a penny. Other wild card is Pulpo which must do $3 million in revenues this quarter since expenses are $3 million. DaninFW

    Sentiment: Strong Buy

  • Reply to

    Seeking Alpha Article

    by daninfw04 Oct 7, 2014 11:48 AM
    daninfw04 daninfw04 Oct 7, 2014 1:42 PM Flag

    It would depend on the price and timeframe. keep in mind, the spectrum auction and any proceeds to EVC won't be till after May. If EC was to come out with a statement on what they plan to do......it could be a different ball game. DaninFW

    Sentiment: Strong Buy

  • daninfw04 daninfw04 Oct 7, 2014 12:34 PM Flag

    Lee, lyingmonger doesn't understand what he reads or even posts. The spectrum article he pasted above shows spectrum worth $5.75 a share not $2.10.....the $2.10 is after taxes and EVC paying off all debt. It also reflects EVC continuing to operate all current stations, radio and digital. The correct understanding is that worst case scenario, EVC would be able to pay off all debt, maintain all existing businesses, still have $65-$70 million a year and cash flow......and have $2.10 cash extra per share to give as a dividend, buy other stations, etc........since they would be debt free. Ignorance is bliss........also named lyingmonger. Boy, can he twist things. It's really fun to watch him squirm now. The people paying him to bash must really be running scared. DaninFW

    Sentiment: Strong Buy

  • daninfw04 by daninfw04 Oct 7, 2014 11:48 AM Flag

    When you pull up the actual article, it also shows all the author's work on how he arrived at the values. Quite interesting. His firm also has a large position in EVC. It's a shame that Yahoo quit reporting Seeking Alpha Articles. Google and you will be blown away with the detailed calculations. I can wait on my 220,000 shares to make another million or two. This may well turn out to be my greatest investment ever. DaninFW

    Sentiment: Strong Buy

  • Reply to

    Seeking AlPha Article

    by daninfw04 Oct 7, 2014 8:59 AM
    daninfw04 daninfw04 Oct 7, 2014 11:36 AM Flag

    This guy really stole my information but did a great job of elaborating. Value for EVC will be realized at several multiples of current EVC stock price. It may take months or even a year or so......but as I said, EVC has greater spectrum value as a ratio of current stock price of any traded stock I have found. It's fun to watch the idiots dance around this one. EVC could be $4 again next week but will be much higher very soon. GLTA. DaninFW

    Sentiment: Strong Buy

  • Seeking Alpha posted an article yesterday morning where spectrum at EVC was worth $10-15 a share and that was by channel sharing and EVC not losing one channel. Will post article soon. DaninFW

    Sentiment: Strong Buy

  • Reply to

    New World Order-GTN VS EVC

    by daninfw04 Oct 6, 2014 3:10 PM
    daninfw04 daninfw04 Oct 7, 2014 8:50 AM Flag

    Don't ever invest in anything because I said it was a good deal or anyone else for that matter. Warren Buffett has been wrong as well. I actually have invested in as many as 80 companies at one time. About 6-7 years ago I maintained a bond portfolio of about 80 companies on any given day. 8 of those companies filed bankruptcy. I specialize in junk bonds. In bankruptcy because of the research that I did, I made money even in bankruptcy on all but 2. I broke even on one and lost only about 5% on Six Flags. That in itself is a great story on why nothing is guaranteed. I invested because SIX owned about 49% of #$%$ Clark Productions. The lawyers and CFO convinced the bankruptcy judge that it was worth nothing. About 18-24 months after SIX exited bankruptcy, they sold it for $400 million. Worthless right? I would have actually doubled+ my money instead of losing 5% if I had held longer. I lost about a quarter million on Winn Dixie when they filed bankruptcy on stock. I lost about $100K on XIDE and about $100K on DPTR. Losses would have been greater but made up much of it in trading the stocks while in bankruptcy. Oil could go lower and could carry SD down further. Be careful. I've got the time and money to average down. I also follow and trade more stocks than I post. I often buy blocks of T and trade on 25-50 cent moves. Especially day before x dividend. Never lost a penny on T in 30+ years. PBY is one I have made over $600K on in recent years. I like the USCXW warrants as well and buy on any dips. I have also been loading up on HOV below $4. These days I usually only trade 5-6 stocks at a time. Hope that helps. DaninFW

    Sentiment: Strong Buy

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