been watching closely for years and I've never seen a hint of anything, in the trading, that would flag insider trading. so I'm inclined to think that remains the case. up to 4.99%, NOT an "insider", not a filer anyhow
I could develop amazing insights like:
"Consumers are stressed. They're still under a lot of pressure from things like high unemployment," said GameStop Corp. Chief Executive Paul Raines. "We see that in our business."
Gosh, those darned "things"........
Can't just scan the headlines on this one. US consumer seems reasonably strong, more or less as expected:
The decline appears to show that more Americans shopped on the holiday itself: Combined spending on Thanksgiving and Black Friday, which had been considered the official start to the holiday buying season until this year, rose 2.3 percent to $12.3 billion.
BUT lots of shoppers, lots of product volume, LOTS of E-tail sales:
That marked a 39 per cent increase over 2012, according to software maker Adobe, which analysed 400 million visits on some 2,000 American shopping websites.
Holiday shopping traditionally accounts for 20 to 40 per cent of an individual retailer's annual sales, according to the National Retail Federation.
Early online Black Friday sales, which began on Thursday, the US Thanksgiving holiday, reached $1.06 billion, up 18 per cent from last year, according to Adobe.
Dont like this surprise much, with all the early-open gyrations, promotions, what "should" have been +2 comes in -4?? (not WTT turf, but that big old consumer econ thing)
The National Retail Federation estimated the average shopper spent $407.02 over the weekend, or 3.9 percent less than during the same weekend last year, because of lower prices it said would persist through the rest of the season.
ZIRP forever, says the consumer to the Fed to the market.......
we know that hbrk-gof are natural allies, maybe a new player on their team. team icorp vs team other? I've given up on time-lines since 9 outta 10 I get it wrong. if I've got any edge on the market thats it: Timing is always TBD. that said, good time to watch as closely as possible, but the answer might be Q1-14, real unlikely we have to book these gains in 2013.
Lion's got a shot, you know in 2008-9 they were the only thing looking worse than my portfolio. $3.25, why not. I'm still not quite sure what this is, somebody moving up to 5% or maybe over now, might see a filing soon? Doesn't quite add, but nobody ever said it had to, still TBD.
OT-- Bobby Layne, my father bowled with him for a year or two back in Chicago, after WW2. (Pop and Gabby Hartnett were on the same team for years, back in the days when sports stars were still mortals.) Dad was a humble guy but he loved to be able to name drop pro-sports, and a handful hung out at Jack Schaul's Morton Grove lanes, in the 40s - 70s, when he retired to Albuquerque. They were serious bowlers, averages just a notch below pro. And even more serious card players, Friday night games that could run to sunrise. Got my taste for gambling somewhere..... may he rip. And a Happy Thanksgiving too.
OT, my really distressed microcap not doing what it should either. "should" be down on tax loss selling into year end but not obliging, up over 50% from a recent low. still got 30 days or so, and the red flags are waving on that one.
thats what "should" happen here, day after Tday should be 10-20K shares. anybody else recall, not that long ago, the occasional zero V days? back when we should have bought a USA Today. So, mom & pop in a tryptophan coma and we're 200K shares. details tbd.
near perfect fit to wstl in my opinion, Microlab for DAS hardware, couplers by the thousands, Boon-Noise for the instruments that interface to Kentrox hardware-software for site and system monitoring. JMHO, GLs to us!!
agreed on sale prospects, right place at the right time (and Gary bought MicroLab for what, $3M?), and despite the protests, our fit into wstl aint bad (and would help their unproductive cash problem). still my bet, and bak-o-napkin DCF still looks like 3-4. Patience, not sweating the end game gyrations too much. and if not wstl, when noiz went to mrcy there were 5-6 interesteds as I recall. (willtek to arx was a salvage op, not really a sale, imo)
JT, they abate after Dec31, but tax-loss-sale pressures should be in our pricing right now. the "natural" on this is to sell, so I'm regarding this decent volume, buy driven, as a decent market-confirmation at this point. with the caveat that it still aint really big $$$, so can be just another mom&pop investor (like me) placing his bet, with no real knowledge. I just mean not for the-rent-money imo, but OK for the distressed-value-risk-money, with a nod at a "salvage-value" that would not be zero, I think. TBD, GLs to us!
still in the lottery ticket corner but seem to be getting a market-confirm of the bull thesis at tbac. clearly NOT the same stuff of sub 50 cent wtt, but this is a different market, more risk associated with "value" imho
if you google gary karabet simonyan obituary you'll see that our founder has lost interest in the company
May you rest in peace Gary, after your interesting life.
ohjim. jmho, but not all 1X-sales are created equal. A 1X sales with .5X sales of cash, high margins, decent growth, NOLs, etc-etc, so the 1X is an indicator but not the only factor by any means. Been knocking around NYC for a few days, missed some of the fun here.