I'm fearful the cc will be a cheerful recitation of how the deck chairs are being rearranged.
I'm in the PCTI club. Bought 1k at $4.48 just to make the DD more interesting.
I thought the "thumbs down" was rather odd myself. When using my phone I've accidentally hit one of the "thumbs" before, so maybe somebody did that.
I think I'm going to give a 30/30/20/10/10 discipline a try. I already have the two 30's. You guys have all shared some solid candidates for the 20/10/10 three so thanks for that. Share what else you're holding if you're willing.
No. I'm not buying PCTI today. I do like the balance sheet. Much DD left to do qualitatively at this point however.
Wow. 40 stocks! I'm having a hard time finding 5 stocks I feel "check all the boxes" at the moment. Mostly that's because i get over enthused about one or two ideas, and want to go all in on there. That's a mindset I'm seeking to break. Fulltime since 2007 btw.
I like the balance sheet, but do you see a pending catalyst above that?
You'll need to add the usual to the above address. What discipline do you use? I'm currently piled into my two favorites, but I'm thinking of moving to the 10/10 rule.
Combine tightening credit with excessive supply and the auto business could fall off a cliff quickly. On the other hand, my brother works for GM in KS. His plant was recently shut down for two weeks due to inability to get parts from Japan due to a recent earthquake. They're back up and running now and working weekends to make up the lost production.
Speaking of which...I visited the area Carmax lot a little while back to see what they'd offer for my 2012 Tundra Pickup (nothing wrong with the truck, I just tired of driving it). Salesperson informed me that they normally keep 250 cars/trucks on the lot, but were currently at nearly 500. They offered me $13k for the Tundra. I politely declined and sold it myself for $20k (still a good deal for the buyer IMO) in less than two weeks using Craigslist. Carmageddon approacheth.
I would add STLY to your list if you believe Prillaman's comments about the 2nd half of 2016. Reducing product cost by 30% while maintaining quality should surely drive some profit increase, and at the current price, a little profit will drive the stock sharply upwards. Like KTCC though, I worry about how overseas manufacturing will fare after the election. STLY is my #2 position BTW. Just behind KTCC.
If your interested. Nothing new in the presentation, but what's there is upbeat and positive. I remember back in 2012 when they did a road show after the quarterly report that January. Stock ran up to $17 that year if I recall correctly.
A company can buy and hold shares for reissue. Such shares are called treasury stock. A company can not own itself.