Scottrade convert CREAF shares (which had trade on pink sheets) to CVETF. New shares show in account as not trading, but maybe will eventually. Pfeiffer Vacuum similarly delist, change from PV to PVTCY, which apparently trade somewhere, since not flagged in account, and streaming quotes available.
Anybody know about CVETF?
WG finally participating in energy boom.
JP Morgan say:
<that young girl is risking her life on a freakin sugar pill>
Hey, if sugar risk life, Jik would die more deaths than coward. Maybe we should sue Ben & Jerry for everything not covered by tobacco litigation. Blame Pepsi for human condition. And while teen obesity epidemic may be real problem, probably not due largely to Ambrotose. In fact, as one poster point out, placebo not only safe, but also "effective".
Spunknspew say <Who wants to know? (whatever happen to him)>
Come on, everyone curious how long handle will exist. On X board, shorts called for BK all the way from 10 to 50, but had good grace to change handle every 10 dollars. That stock now over 100 and shorts only warn overvalued.
How embarrassing is association with USNA now?
<The Fraud Discovery Institute today posted on its website a new 19-page report on Usana Heath Sciences, Inc (NASDAQ: USNA) by noted multi-level marketing expert Robert Fitzpatrick. The report documents that Usana has operated under scrutiny of regulators for so long because Usana, like Enron, has �stolen the identity of a legitimate direct selling company when in reality it is nothing more than a glorified �chain letter�.�>
Talk about pot calling kettle black!
<First-quarter net income jumped to $6.9 million, or 26 cents per share, from $5.9 million, or 22 cents per share, a year ago ,,,
Mannatech shares rose 81 cents, or 6 percent, to $15.25 in after-hours trading>
No need to sneak out of town like Baltimore Colts.
Would you mind posting down holdings, so Jik can bottom fish? Not want to swim after boats that already leave pier.
Why Deal say: <DR and his band of marble mouth idiots have totally distroyed this once GREAT HEARTLAND COMPANY>
Actually, the world has changed around them. Squeezed between rising costs and competing non-paper technologies. Jik hoping they save franchise somehow, but have less than 0.1% of net worth at risk in SR stock, and that mostly house money from previous successful trades.
splitlevelmind say: <Hey Jikbok
Did you get your $10 in August? Just curious, are you still out there?>
Have never sold any shares. Stock has left deep value status (Jik bought some shares at 60 cents), now at bottom of fairly valued range. Will rise or fall with reported results.
Jik still own as many stocks as ever, but burned out on posting. Also, recent inheritance has made smallcap portfolio less important.
<i see all of jikbokk's posts have been removed! is he under criminal investigation??>
Thanks for caring. Jik retail investor in Arizona, of no interest to regulatory officials. Hadn't noticed removal of any posts, although some Yahoo message boards became quirky while migrating to new system. Have recently accessed some old posts, so not completely expunged.
Not much experience with WMSI. Just buy a few shares at 3.50 in November, 2004 and at 1.75 in December, 2005. Never sell any. Down 11%, but holding only 0.05% of net worth. Recently inherit (gifted, actually) big holding in PG, through Gillette, so no longer as interested in smallcap portfolio, now only about 22% of net worth.
Jik now constrained by tax considerations, with cash 37%, PG 41%, smallcap portfolio 22%. Not preferred allocation, but stuck with it.
Actually, Jik sell some at 33 on 7-14-00, buy back under 7 on 4-16-03. Still recommended at 14 on 1-7-04:
Not huge winner for Jik, but on the "told you so" list.
CSU real estate financials are obscure to Jik, but these seem like usual:
< * Revenues of $33.9 million increased $9.5 million or approximately 39 percent from the second quarter of 2005.
* Adjusted EBITDAR (income from operations plus depreciation and amortization and facility lease expense) of $9.6 million increased 66 percent from the prior year period.
* Adjusted EBITDAR margin of 28.2% improved 460 basis points from the second quarter of the prior year.
* Adjusted net loss of $0.3 million or a $0.01 loss per share, versus a loss of $1.1 million or a $0.04 loss per share in the second quarter of 2005. For comparability, the second quarter 2006 adjusted net loss excludes non-cash stock-based compensation, expenses related to transactions and refinancings completed in the quarter and the effect of a change in Texas state taxes expected to occur in 2007. The second quarter 2005 adjusted net loss excludes a loss on a treasury rate lock agreement during that period.
* Cash earnings (net income plus depreciation and amortization) of $2.8 million or $0.11 per diluted share, versus $2.0 million or $0.08 per diluted share in the second quarter of 2005, excluding the effects noted above.
During the second quarter of 2006, the Company reduced its total debt from $247.2 million to $206.6 million. This reduction of $40.6 million of debt resulted from the sale/leaseback of three communities and the refinancing of 19 others, including a principal repayment of approximately $14.8 million.
The Company refinanced $110.0 million of debt during the quarter for a ten-year term, fixed for the first nine years at a rate of 6.29 percent. The interest rate on this debt is approximately 230 basis points below the previous level, which is expected to result in annual interest savings of approximately $2.5 million, while eliminating interest rate risk. As part of the refinancing, the Company repaid approximately $14.8 million of principal, which is expected to provide further annual interest savings of $1.3 million.
The Company also refinanced $33.0 million of debt during the quarter at variable interest rates tied to the 30-day London Interbank Offered Rate ("LIBOR") plus a spread of 260 basis points. The Company has purchased an interest rate cap which limits the maximum rate on these loans to 7.60% through January 2008.
With these refinancings completed, the Company has now fixed or capped its entire portfolio of mortgage debt at a blended rate of approximately 6.50 percent. With amortization of loan costs, interest expense is projected to be approximately $3.5 million per quarter at the current level of indebtedness.
As of June 30, 2006, the Company had $25.7 million of cash and cash equivalents, and $142.5 million in shareholders' equity.>
Sound OK to Jik, and market has liked CSU for a couple of years.
Still up 6-fold from bottom and triple Jik breakeven price. Stock market responding to macro environment. At present, no company-specific issues pressuring X stock.
<After defying gravity for months, Indian stocks began a rough descent last week and plunged violently toward earth Monday...
Speculation had also circulated that major brokers were facing margin calls after last week's market losses that they could not cover. News agencies carried reports saying the police were on alert for suicide attempts by distraught investors>
On alert for suicide attempts? How cool is India? We haven't been that real since 1929. Jik pretty mellow, though. After inheritance, now about 37% cash, 39% PG, 24% old smallcap portfolio.
Anyway, the real war for X was from 10 to 40, with new crop of shorties crying BK every 10 points. Now they just nitpick whether worth 50 or 60.
Clarence Beeks is the villain from Trading Places. No reason to believe a word he says.
Say, how's that gorilla treating you?
< Applebaum, who is based in Chicago, noted that most North American steel makers were not directly affected by an iron ore price rise because they use mostly pellets or scrap.
"For U.S. manufacturers, the cost will be down on the pellet price, but the global price of steel is determined as much offshore as onshore," she said, so U.S. steelmakers will benefit from the general rise in prices.
China is pushing through increases, as are the Japanese. "The beauty for the U.S. manufacturers is that there will be a drop in costs," said Applebaum.
With higher prices all around, companies like AK Steel (AKS.N: Quote, Profile, Research) and much of Mittal Steel's (MT.N: Quote, Profile, Research) U.S. operations would benefit greatly, she said, as would U.S. Steel (X.N: Quote, Profile, Research), which is self-sufficient in pellets>
<Coast Distribution System, Inc. (CRV.A: Quote, Profile, Research), a maker of accessories for recreational vehicles, said on Tuesday its board voted unanimously to reject a non-binding proposal from Bell Industries Inc. (BI.A: Quote, Profile, Research) to acquire Coast for $8.10 per share in cash.>
Jik concur with board decision. With $38 revenue per share, prefer to let market set price.
<Peter Lynch is recognized by investors the world over. More than 1 million people read his book One Up on Wall Street -- or, at least, that many people bought it. Sadly, many seem to have either disregarded or forgotten the book's tenets for finding great investments.
And that's a shame. After all, the greatest of these investments -- in his words, the "10- to 40-baggers ... even 200-baggers" -- can increase 10 to 200 times in value>
Hershey's and Flowers both had major fiascos with SAP systems, which dogged them for several quarters. Both have recovered nicely, although Flowers had to unload the unit in question, Mrs. Smith's pies. Since the buyer, Schwan's, is private, Jik not know how they doing.