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Famous Dave's of America Inc. Message Board

nadsmis 128 posts  |  Last Activity: 2 hours 40 minutes ago Member since: Jun 23, 2009
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  • Reply to

    North Carolina Storm

    by optiontra8er Jul 3, 2014 1:36 PM
    nadsmis nadsmis Jul 7, 2014 10:48 AM Flag

    hate to say, "I told you so" but, guess what?

    Sentiment: Strong Sell

  • Reply to

    growth vs. value

    by gpokerjman Jun 30, 2014 7:50 PM
    nadsmis nadsmis Jul 3, 2014 8:42 PM Flag

    PPS was higher on previous earnings and now lower on current and projected earnings. will be tough to equal earnings GNRC had after Sandy. also, Kohler is becoming a major player in generators. competition heating up and Generac losing market share. the run is done....

    Sentiment: Strong Sell

  • Reply to

    North Carolina Storm

    by optiontra8er Jul 3, 2014 1:36 PM
    nadsmis nadsmis Jul 3, 2014 8:36 PM Flag

    i bet you drop again Monday. GNRC not shareholder friendly. i see it is down 13.6% since i sold at $55.55. wow.

  • Reply to

    just pumped up MAIN position.

    by nadsmis Jun 30, 2014 3:22 PM
    nadsmis nadsmis Jul 3, 2014 1:20 PM Flag

    i wish you well.

    nad

  • Reply to

    MAIN new portfolio investment

    by nadsmis Jun 12, 2014 1:07 PM
    nadsmis nadsmis Jul 2, 2014 2:21 PM Flag

    i like the dividends too and don't see them being threatened. let's hope the dividend remains the same but the yield drops to 3%. that happens when share price rises and dividends remain constant. after all, our yield is determined from purchase price vs. current trading price.

    i truly hope this does indeed become your favorite. it is nice having monthly payouts. i get that with a REIT which has a 13% yield but i am too chicken to put too much into that as i consider it highly speculative.

    unhappy with the way MAIN performed on the 1st when market leaped but noted all dividend stocks took a hit (esp utilities). driven by interest rate and inflation fears. oh well... am in for the long run here.

    Sentiment: Strong Buy

  • Reply to

    just pumped up MAIN position.

    by nadsmis Jun 30, 2014 3:22 PM
    nadsmis nadsmis Jul 2, 2014 10:30 AM Flag

    you would do better to focus on MAIN, your sole owning, and less on me.

    and yeah, it is nice beating the DJI since i went all in during January 2009. run the numbers should you desire the larger picture.

    my current cost basis on MAIN is $30.622 incompassing 3,120.6 shares. altho buying on dips and selling on highs, i have had a position with MAIN since July 2010 and have made far more in capital gains than with dividends. it's called trading. altho MAIN is a major holding for me, it is not the largest. i suspect MAIN is your only holding and that you are an employee. either that or you are simply married to this company. i see no other posting history for you other than MAIN.

    you're a shill.

    Sentiment: Strong Buy

  • Reply to

    just pumped up MAIN position.

    by nadsmis Jun 30, 2014 3:22 PM
    nadsmis nadsmis Jul 1, 2014 12:48 PM Flag

    my tune? not changed. the market DID NOT like the SO. it seldom does. that is what drove the PPS down. dilution is not a good thing. also, the market typically reacts in a positive fashion to a buyback whether you understand that or not.

    it is true that I do indeed react to market trends and trade accordingly. of course. your style may be to buy and hold and there is nothing wrong with that.

    my total stock portfolio has outperformed the DJI by 4.85% over the last 17 trading days and prior to that was more modest but again, over performing. if my stock portfolio underperforms than I would simply invest in mutual funds or seek the services of a broker. nonetheless, you shouldn't throw your stones this direction.

    there are trading, investment, and saving strategies employed in the market. a buy and hold is more a savings strategy and that is fine. however, I think it wrong to shamelessly pump a position and try to squelch other opinions just because you hold it. that is disingenuous at best and often typical of a company shill.

    quit being so nasty and passive aggressive.

    Sentiment: Strong Buy

  • took a leap of faith. wanted to wait for a dip to PPS but just keep seeing nice recovery after that secondary offering. am expecting a good payoff to MAIN's recent capital investments. like that this BDC is self directed and not paying out exorbitant management fees and with MAIN continuing to provide managerial incentives to via share offerings to management.

    expecting to see PPS more than recover to pre SO pricing of $35.

    bought last 1200 shares at $32.90 PPS. current holdings at 2864. all things being equal, i expect profitabilty to drive earnings and push PPS to 35 come September.

    that's right, RC. i now give Long-Term Sentiment a Strong Buy cause i just did.

    Sentiment: Strong Buy

  • bought another 1700 shares today on the dip today at $17.56 PPS. have 6067.1 shares. may not seem like alot to others but is a major holding for me. altho yield is very good, and well protected, am counting on this position primarily for capital gains. P/E relatively high but supported by recent track record of great EPS. as PLOW is a relatively new public company, 86% of shares are held by institutions. that is high. PLOW not getting enough ink as private investors should own 50%. latest earnings report, altho stellar, did not drive share prices enough and to me, that makes for a "buy". targeting $20 PPS during Sept - all other things being equal.

    this stock is a great value and should suit conservative investors very well.

    hope to see some chatter on this board. i realize there aren't many private investors here but always like to see opinions.

    Sentiment: Strong Buy

  • Reply to

    Dividend

    by justmyho Jun 19, 2014 2:27 PM
    nadsmis nadsmis Jun 27, 2014 2:42 PM Flag

    gotcha. my mistake. i wrongfully thought you were referring to the payout date vs. declared date.

    looking for another entry point here but lately, PLOW PPS is performing as expected.

    will wait for a market dip.

    regards,
    nad

  • Reply to

    Dividend

    by justmyho Jun 19, 2014 2:27 PM
    nadsmis nadsmis Jun 25, 2014 11:28 AM Flag

    Uou are incorrect and this is a common misperception. the PPS is adjusted down on the ex-dividend date, NOT when dividends are paid.

    Dividend payments, whether they are cash or stock, reduce retained earnings by the total amount of the dividend. In the case of a cash dividend, the money is transferred to a liability account called dividends payable. This liability is removed when the company actually makes the payment on the dividend payment date, usually a few weeks after the ex-dividend date.

    Hope that helps.

    PLOW is a good holding.

  • this small cap stock performed horribly. never should have bought in. lost 8% and have decided enough is enough. as i sold off, i had to sell no more than 350 at a time which also led to transaction costs.

    the dividend yield is a joke.

    daily sales of 300 shares can drop PPS by 1%.

    as i sold, my transactions drove the stock down because float is so small. when you see PPS at $5.50 and sell, expect to get about $5.35.

    would definately NOT recommend this company. earnings also disappoint.

    Sentiment: Strong Sell

  • have seen enough. lost 12% on this investment and see nothing that would indicate a reason to buy in to cost average. management fails to execute their buyback despite PPS drop of nearly 15%. tells me they expect it to go lower.

    also, most who want guns have them. S&W stock plumeted as they missed earnings by a mile and i expect the same for this poorly run company.

    market reaching all time highs, RGR dropping like a rock. not a value either.

    good luck to you. i will take remaining principle and reinvest to make up for this loss.

    Sentiment: Strong Sell

  • Reply to

    Where did all the dumb sheep go ?

    by kashkow57 Jun 24, 2014 1:33 PM
    nadsmis nadsmis Jun 24, 2014 5:12 PM Flag

    bang

  • Reply to

    Where did all the dumb sheep go ?

    by kashkow57 Jun 24, 2014 1:33 PM
    nadsmis nadsmis Jun 24, 2014 2:30 PM Flag

    right you are. when shares bottom and you've taken a beating, you can use your firearms on yourself.

  • Reply to

    Turning into a disaster

    by engineer_peon May 9, 2014 11:23 AM
    nadsmis nadsmis Jun 23, 2014 4:25 PM Flag

    eng_peon,
    don't know if you will see this post but i thought to drop you a message. mayhaps your i.d. is tongue in cheek but i never want to see an eng thinking himself a peon.

    i got a B.S. in mechanical eng with a minor in industrial management and worked first as a product design eng and then a mfg eng for many years. my company offered to pay my way if i would pursue an MBA. i did and was eventually promoted to Director of Operations. years later i retired as a VP/GM from another mid sized privately held manufacturing company. my engineering background, coupled by a financial acumen served me well. go pursue an MBA and lose the peon moniker. we need more management types with engineering backgrounds vs. legal or solely finance histories.

  • all good things must come to an end. sold off all BP holdings today in addition to taking remaining Apple profits. also liquidated Integris after they popped $8/share after announcement of WEC buying them. all 3 positions were very profitable. BP capital gains came in at 27% including modest position prior to spill. also realized an avg of 4.25% yield after paid dividends last week. wanted capital for a real estate investment that is just too good to let go by. am still into market big but time to ring the ole cash register.

    i wish all BP long's well. davenport, retiredbill, stoolpie, gstocks and drdis. i appreciated your posts. you all will have to counter vikkitrader and stakeholder's negativity and attacks without me. lol. neither are investors. just 2 jealous miscreants seeking to find some cause to validate their existance. unfortunately they picked BP. mayhaps they are one and the same.

    altho closing my BP position, and maintaining presence in other publicly held companies, i still rate BP a strong buy. was somewhat concerned over the rising P/E and, like engineer_peon, thought it a good time to exit. BP is close to being best in class and returns a nice yield while protecting share price. definately a shareholder friendly company.

    as Spock is fond of saying... "Live long and prosper"

    nad

    Sentiment: Strong Buy

  • Reply to

    BP Breakout - Technicals Very Strong = Postive

    by retiredbill Jun 18, 2014 12:06 PM
    nadsmis nadsmis Jun 20, 2014 3:18 PM Flag

    sikkitrader, how much do you think BP will rise if it's announced that the company wasn't "grossly" negligent? 5% 10% 15%
    we investors wonder about that question. lol.
    also, once a verdict is rendered, even if it is of the "gross" nature, is that a buying opportunity for investors?
    i doubt there is much of anything that appears rosy to you. you've made that obvious and that is sad for you. as investors, we have done rather well here. gotta rattle your spurs even more.
    i just love the way daven gives you the ole beat down. yet you continue to ignore him. logic totally eludes you.

    your friend,
    nad

  • Reply to

    BP Breakout - Technicals Very Strong = Postive

    by retiredbill Jun 18, 2014 12:06 PM
    nadsmis nadsmis Jun 20, 2014 12:27 PM Flag

    stoolpie, i agree with casmata. my research indicates that only 11.54% of all outstanding BP shares are owned by institutions. since i also have a position with COP i use them for comparison basis. 64.12% of all outstanding COP shares are owned by institutional investors. a huge difference most likely attributed to ongoing BP legal issues.

    XOM is held by 48.66% of institutional investors. that is about 1/2 and what i would consider normal.

    also, fyi. as of May 31,
    Short Interest (The number of shares of a security that have been sold short by investors. It is typically expressed as a percentage of the total number of shares outstanding and is reported on a monthly basis.)
    BP = 0.13
    COP = 1.86
    XOM = 1.12

    i find that interesting. my take on those absolute numbers is that shorts believe the news yet to come to come on BP already have negativity built into PPS.

    what is suprising is the BP P/E ratio of
    BP = 16.44
    COP = 11.61
    XOM = 14.13

    current net profit margin
    BP = 2.65%
    COP = 15.32%
    XOM = 7.37%

    in summary, it appears that BP may be oversold. time well tell....

    nad

  • nadsmis nadsmis Jun 20, 2014 10:24 AM Flag

    i am hugely disappointed in RGR and management's failure to grow the PPS. the buyback isn't happening and the bottom continues to fall out. RGR totally underperforming the DJI avg. i bought back in at 65.84 and so have incurred a 9.14% capital loss. by far and away the worst holding in my 24 stock portfolio. nasty.

    altho i agree with the majority of your post this company is simply unattractive to institutional investors and many individual investors have bailed. the yield is decent at 3.61% (mediocre) and the P/E is quite good at 10.7. Forward P/E also good at 8,94 but that is suspect. however, Mr. Wall St doesn't like RGR.

    i can't see any silver lining here. revenue looks to decrease quarter over quarter as demand drops. if you were going to buy a gun, you already have. sales aren't going to increase unless there is a very strong push for anti-gun legislation and that has cooled off.

    and where is the stock buyback at??? now would be the time UNLESS management believes PPS to fall even more before they initiate. That sign doesn't bode well for shareholders.

    this position is on my bubble list. i made a bad move getting back into RGR. i will hold for time being and monitor closely.

    Sentiment: Hold

DAVE
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