Alpha Media Group Inc. put Maxim up for sale a year ago. The publication has struggled, with ad dollars dropping 28 percent last year to $80.7 million, bucking a 1 percent gain for consumer magazines overall, said the Association of Magazine Media
I guess, if anything, they can get discounted Steak N Shake ads.
Wonder how much they are paying.
I used to get that magazine when I was younger, Were free subscriptions always available but I just quit getting them because I didnt read them. Who needs very softcore porn pictures ?
Still here. Hadnt noticed it was back down to $1. Mgmt doesn't seem to be in any big hurry to do anything.
Will be interesting to see if insiders buy more now that its down again. I expect its going to be 6+ months from the last insider buy if anything extra ordinary does happen and they last bought in Sept.
Value investors don’t know what will come next. They buy at a bargain and wait. That's it.
The case for holding is rates are low and the money earned in a CD wouldn't be much.
You just haven't been paying attention. Gross margins are PLANNED to be lower so that they don't stock 3 year old merchandise waiting for it to sell.
However, they will improve over time as they improve things.
The biz model isn't what it used to be, you can say that again. Clearly, stocking 3 year old dead merchandise wasn't working for them.
They have opportunities with larger stores & better locations.
$1.50 with a growth twist and low rates could put it above $30 in a few years.
Im rooting for them. You are rooting against them.
But yeah, if the market crashes, TUES will go down with everything else.
Ive never heard of a deal where the price is adjusted upward because the buyers stock went up.
ZLC was free to negotiate for stock.
And If I owned SIG, I wouldn't feel great about handing out charity when they already have a deal.
Now, if there is another offer, I can see SIG matching it. But who ?
Yeah, im not thrilled with it either. Hope they prove us wrong.
It wont kill us even if it ends up a failure.
The much hoped for breakout year just never seems to happen.
But, my cost basis is so low that selling it just means paying the government.
And I like collecting the dividend which is rather juicy compared to savings accounts.
Show me someone who sold out at $19.97 and I will show you a liar.
Whoever did is up a quick 3%. And that means you are down 3% in a day. Go ahead. Throw good money after bad.
The path of least resistance is higher.
The only way its going lower is if they massively talk things down going forward. Otherwise, next years X-Mas quarter will show the fundamentals that will justify current prices & more.
Do you drive by only looking in the rear view mirror ? Look forward, the bad weather is behind them, We have an experienced captain at the helm who has been there and done that in the past. (With a multi-bagger)
You seem to hold a grudge because you apparently sold out at $4-5.
The market seems to think that $1 per share in EPS is going to happen. If it does and they can start growing again, the stock could easily see $25-30 again.
If you want to short it because it might dip a point or two first, that's gambling, not investing. And your odds are much better when you count cards.
I found it with a google search. But a search at insider monkey didn't show it ?
Did you look at EMKR. Ive been meaning to but haven't got around to it.
BD has also been dumping TUES pretty heavily and they did well in it. I owned TUES before they came along. Should have bought more when they did. They were exactly what TUES needed to oust the old president & turn the company around.
I followed them into PXLW and doubled my money. And years ago they bought into a $1 stock I had already owned and got on the board & got it sold within 9 months for $5.60 or something.
Your link disappeared. I tried to copy & paste it but nothing came up. Do I need to sign up to read it ?
I also searched the IM site and couldn't find the article.
Ive been in SDOI a long time too. My first buys are underwater.
So short covering is not causing the stock to go up I guess.
Hopefully a better price comes down the pike. If not, Im going to be ticked off if I only end up with $21.
(Versus $21.39 now)
I know I got the $3 in cash. And Fidelity is showing my new cost basis is $10.37.
So do I use $13.37 as my sale price for tax purposes use $10.37 and reduce my cost basis by the $3 ?
Tried to call & kept getting extreme reach.
Shares Short (as of Jan 31, 2014)3:
Would they need to cover prior to a deal ? Or could they just cover at whatever the deal ends up at ?
Someones buying a lot of stock and its not because they want to lose 40 cents a share.
Might up the offer by 25-$1 in a prepacked deal with one of the #$%$ law firms.
You offer low, pay up a little and then you cant be sued again.
Sounds like NCM may be doing he duties of all those chipola executives the long & crazy dream about.
And they have bought an additional 24,700 since then.
They are paying near cash/book value.
Impossible to know if they intend on buying up 50-60% before they do something.
The Company’s Board of Directors is exploring strategic alternatives to deploy the proceeds, which may include future acquisitions, a merger with another company or other actions to redeploy capital including without limitation, distribution of cash to shareholders.