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Famous Dave's of America Inc. Message Board

nadsmis 135 posts  |  Last Activity: 15 hours ago Member since: Jun 23, 2009
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  • Reply to

    all out...

    by nadsmis Nov 11, 2014 11:47 AM

    got back in yesterday at 35.81 PPS. a quality move (if i do say so myself). esp with today's beat down. love the timing and the yield ain't bad.

    wonder why this board has no chatter. always enjoy shareholders rants and raves....

    Sentiment: Strong Buy

  • Reply to

    made the move with ETP

    by nadsmis Jan 29, 2015 3:30 PM
    nadsmis nadsmis Jan 29, 2015 4:42 PM Flag

    rjmc,

    i couldn't have said that any better. anyway, i dug into your post history and totally enjoyed the post from the Holy Moley topic regarding Obama. Again, well said.

    i reaped a tidy profit on the AAPL run. rang the cash register, sold half that position, and put down on PLOW, ETP, and NSH.

    had hoped for a better response to FB earnings but that arrogant Zucker put off Wall St once again. not complaining about a 2.31% bounce to PPS but FB shareprice should have enjoyed the same ride as AAPL. glad i had no MSFT.

    GL

    Sentiment: Strong Buy

  • nadsmis nadsmis Jan 29, 2015 4:30 PM Flag

    you'll pay that tax when you sell....

  • increased my ETP position 3 fold. bought @ 60.32 and 60.33 as PPS moved up during the transaction.

    i don't expect to make a killing but expect a tidy profit over next 3 - 4 Q's.

    ETP way oversold after acquisition and oil glut. this is indeed the time to buy here....

    Sentiment: Strong Buy

  • that's right hgl. as previously posted, i stuck to the plan (mostly). i sold off portion of AAPL which financed my buy today into PLOW. maybe that helped boost the PPS a tiny bit.

    since i reduced PLOW postion, it has risen nicely and your last buy is paying off well for you. congrats. altho i would have enjoyed those gains had i stuck, i more than made up for those gains with AAPL.

    now, let us both hope for steller earnings report. a good report won't be good enuff to cover recent gains realized by folks buying into the east coast blizzard. the report has to be stellar in order to drive the PPS higher than current high expectations.

    tempered my PLOW buy because of the recent uptick by also increasing my position in ETP which has been hurt from an acquisition (Regency) and from the oil glut (simply because they service that industry). gotta buy low and sell high - right? also bought back into NSH (oil storage). good yields to both and both are trading lower thru no fault of their own. had a lot of $ from AAPL sell even tho i left 50% of AAPL on the table.

    so there you have it......

  • sorry rc. mayhaps my sell earlier today dropped MAIN PPS further.

    took 50% of MAIN holdings and bought into ARCC. altho the BDC sector continues to underperform the DJI, ARCC has been hurt much less than MAIN. over last 12 months MAIN down 14.47% PPS and ARCC down 6.92% PPS.

    ARCC yield = 9.22% vs. MAIN yield = 7.02%

    ARCC drop to share price covered by dividends, MAIN has not.

    I expect that trend to continue.

    i know YOU don't like comparing BDC's to DJI but, unlike most investors, we diversify as opposed to investing solely in 1 sector. personally the vast majority of my positions are spread across everything from REIT, to utilities, to BDC's, to industrials, to tech (yes, AAPL and FB) and just increased a position in an oil related stock (ETP). i am better off for that diversification and shudder to think if i had been solely invested in BDC's.

    at this time, I will keep ARCC and MAIN to keep my balance of income vs. growth stocks in line.

    i expect this post to generate another narrative from you (lol) but you can now enjoy tracking me with BDC holdings. bought ARCC @ 16.56 and sold the MAIN @ 29.01.

    @ 3:00 EST, i am under water from the MAIN/ARCC shift. we shall see. huh?

    good luck and good fortune to all MAIN Longs but

    Sentiment: Hold

  • nadsmis nadsmis Jan 29, 2015 1:21 PM Flag

    you were talking puts, we weren't.

    we were just discussing the relevance of ex-div vs. affect to PPS.

  • nadsmis nadsmis Jan 29, 2015 12:43 PM Flag

    and if there are more sellers than buyers then the PPS drops. of course.

    if there are more buyers than sellers, the PPS rises. of course.

    the point is that the drop to PPS at ex-div date caused by the ex-div is completely, and totally, proportionate to dividends being distributed. that is the irrefutable math of it all.

    i don't think that avery is aware of that. some aren't.

  • nadsmis nadsmis Jan 29, 2015 12:20 PM Flag

    actually, that is irrelevant. yes, PPS will be lower after ex-div date but then you miss the dividend. PPS will go down on ex-div date completely proportionate to dividends being distributed. it is a horse a piece. that is very basic.

  • nadsmis nadsmis Jan 28, 2015 12:34 PM Flag

    i have to cash in on AAPL gains and am considering either ETP or PLOW. maybe i will split it between the 2. i also feel ETP is a buy and the Regency deal should pay off. it is typical of the buying company to take the hit while the floundering purchased company gets a boost. it is also typical (the majority of the time) that the purchaser makes out due to synergies, increased revenue and ultimately improved earnings. yeah, ETP is a buy and until the oil glut and the Regency deal was a real mover. now is oversold.

    Sentiment: Strong Buy

  • Reply to

    WHATEVER

    by bobbyryals69 Jan 21, 2015 11:22 AM
    nadsmis nadsmis Jan 28, 2015 12:19 PM Flag

    Cramer is a pompous phony.

    You can fool all the people some of the time and some of the people all the time but you cannot fool all the people all the time. Appropriate.

  • Reply to

    WHATEVER

    by bobbyryals69 Jan 21, 2015 11:22 AM
    nadsmis nadsmis Jan 26, 2015 3:37 PM Flag

    Ever notice how NONE of the calls he takes on the air disagree, or calls him out on bad picks? Zero. None. All the callers tell how he's made them fortunes. Some tight screening there.

  • Reply to

    WHATEVER

    by bobbyryals69 Jan 21, 2015 11:22 AM
    nadsmis nadsmis Jan 26, 2015 3:36 PM Flag

    yeah, no kidding. always interesting to see him pump companies that appeal to his lifestyle rather than what makes economic or financial sense. he is bullish on Whole Foods (which hit the dumpster) and bearish on tobacco stocks (which excelled).

    he pumped ALU and SPH which dove. He pumped NOK which dove. He pumped ALU which also declined.

    no way can he, or his tightly controlled staff, possibly do DD on all the positions he takes. IMO, The Street suffers for their alliance with him

  • Long overdue. The fundamentals have been illustrating that FLY has been languishing in an oversold condition for a year. The yield remains high because the PPS has been low. The sector has only now begun to finally regain lost territory after the Ebola scare abates. Today's volume is considerably higher than normal and it's primarily buys and shareprice up over 2% in a down market. AYR up as well. Although #$%$ floats, cream rises to the top.

    Sentiment: Strong Buy

  • Reply to

    closed out KMB

    by nadsmis Sep 10, 2014 9:23 PM
    nadsmis nadsmis Jan 26, 2015 12:41 PM Flag

    bitedabag,

    timing wasn't all that good but the move sure was. he who laughs last, laughs best.

    LOL LOL

    Sentiment: Strong Sell

  • Reply to

    INDUSTRY

    by jimmccar Jan 23, 2015 5:31 PM
    nadsmis nadsmis Jan 23, 2015 6:03 PM Flag

    personally, i am holding tight and expect another good surprise on next earnings report. retailers spent a lot on advertising money throughout all media outlets from radio to newsprint. looking forward to that earnings rept.

    Sentiment: Strong Buy

  • Reply to

    Is WY buying stock??

    by unposter76 Dec 19, 2014 12:51 PM
    nadsmis nadsmis Jan 23, 2015 6:01 PM Flag

    langdon,
    can you provide a link on that report? (even if it is dated)

  • Reply to

    Single family housing starts

    by unposter76 Jan 21, 2015 2:45 PM
    nadsmis nadsmis Jan 23, 2015 5:59 PM Flag

    unposter,

    i too am surprised. fully expected to see WY PPS improve with the news on family housing starts. tough to predict this market lately. nonetheless, i agree with your Long-Term Sentiment. Strong Buy. i just don't have enough faith in WY to increase my position tho. underperforming.

    Sentiment: Strong Buy

  • Reply to

    MAIN is not worth holding for dividend

    by mphayman Jan 18, 2015 2:26 PM
    nadsmis nadsmis Jan 23, 2015 5:52 PM Flag

    yeah but as you put capital into a Roth IRA, it is after tax income. as you realize dividends (and hopefully capital gains), you aren't taxed during the withdrawal.

    with a traditional IRA, you get a deduction putting capital in but are taxed on the for the whole 9 yards when you pull money out. IMO, you are best off going the Roth route with MAIN. i max out on yearly Roth contributions and it's for high income stocks such as MAIN. Plus - there is that income tax method to consider.

    i have rolled over my 401K into a Roth (after paying tax). i maintain both a traditional and Roth IRA as there are different advantages to both. both my traditional and Roth IRA's are self directed and kept in Ameritrade accounts.

    not a good day for MAIN. gave back some of the recent gains as it closed down 1.41% at the bell. let's hope that were folks doing some profit taking who didn't expect to see any more positive runs.

    looking forward to next earnings report and hope that Foster's predictions come to pass. i didn't increase my position prior to last announcement and am sitting tight unless we see another dip.

    good fortune to you...

DAVE
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