Indecent Proposal for SuperValu?
As the Staples commercial goes: “That was easy”. On my birthday, SuperValu (SVU) gave you – my valued readers/followers – a present. The gift came in the form of an agreement to sell its “banners” to...
View ArticlePawnStar
I recently ran a screen for mid-cap companies that could best described as “value” plays. The goal was to find companies that weren’t broken, but for one reason or another had either lost their way or...
View ArticleCash America (CSH) – Quick Recap
When I wrote last weekend about Cash America International (CSH – NYSE), the stock was trading at $41.76. On Friday, the stock closed at $48.08, a gain of 15%. In the post, I wrote that the shares had...
View ArticleOn the “Gun Debate,” the Second Amendment, & What No One Wants To Talk About
Since I transitioned Stone Street Advisors from a financial blog to Stone Street Advisors LLC – providing research & analysis services for institutional investors and the like – I’ve shied away...
View ArticleZAGG:SKUL::Punxsutawney:Paris
I’ve been negative on ZAGG since July, 2011 when the price was in the mid teens, so the stock is down somewhere around 45-50% since then (fair credit to Citron – who was more and more impatiently...
View ArticleHoward Marks – Investing in Uncertain Times
While I’m sure I’m not nearly the 1st person to post this from the Oxford Private Equity Institute Conference on March 5th, I thought it an interesting read (especially if you’ve read him previously)....
View ArticleCarnival Cruise Lines – This Time it’s Different
Quick note: It seems like it was a year ago when I wrote that the selloff in Carnival Cruise Line (NYSE: CCL) shares after the Costa Concordia ran aground was overdone. Looking back, it was actually...
View ArticleNuvilex: A Penny Stock That Could be a Disease-Fighting Game Changer
Nuvilex (NVLX) is a company that I’d never heard of until about about a week ago when a client asked me to take a look. At first glance, my reaction was something along the lines of “why should I be...
View ArticleFear Not Every Penny Stock
A lot of people, finance professionals/academics and amateurs alike, will tell you that investing in penny stocks is inherently and necessarily risky, primarily by virtue of generally having small...
View ArticleThree Bearish Charts for Equities
First off let let the record show that equities are by no means my area of expertise, but I thought this was worth sharing and too long for twitter. This week three of my favorite correlations for US...
View ArticlePut Me in Coach!
Quick Thesis: Coach, Inc. (NYSE: COH) is solid free cash flow story which many investors have overlooked as they focus on the newly public (and faster growing) Michael Kors (NYSE: KORS). The primary...
View ArticleWhen Life Kicks You In The Butt…
My friend, my mentor, and one of our SSA teammates is in a bit of a squeeze. Per his last semi public update: “I have a stage 2heartblock which causes me to blackout when I get dehydrated. happened...
View ArticleFT Alphaville CFA Meme Contest Silver Medal for Dutch Book!
The Financial Times’ great Alphaville division held a semi-quasi-formal-ish CFA exam meme contest, in which our man Dutch Book participated. Result: Silver medal (although I think he should have easily...
View ArticleQuick Observations on JOSB, GPS
Wednesday night (6/5/2013) I needed to track down a specific pair of jeans in my very specific size. My build notwithstanding, the closest place I could find them was in Denville, NJ Banana Republic at...
View ArticleA Few Thoughts on Domestic Inflation
Yesterday a far more talented sell sider than myself @barnejek in a discussion on the relentless rise in US real rates over the past two months sparked this post at BI and it lead to continued...
View ArticleSeeking Part-time Interns for Fall/Winter
Since I started Stone Street Advisors LLC’s internship program, I’ve largely been impressed with the talent we’ve attracted, and proud of the positions our interns have landed after working with us....
View ArticleThe Limit of Fundamental Analysis: You
The other day, my friend Eddy Elfenbein wrote a post entitled “The Limits of Fundamental Analysis,” which made some good points (as he most always does), but in so doing, made far too broad and thus...
View ArticleNegative Ghost Rider, the pattern is full
This post is little more than a victory lap so please feel free to stop reading now. Something strange happened yesterday. In the morning I was looking through data from the past two debt ceiling...
View ArticleRichard Koo on Tapering
In a note this week Nomura Research Institute’s famed chief economist Richard Koo laid out his case for the Fed to start tapering as soon as possible. Most of it focused on liquidity, recent labor...
View ArticleUnilife, Or: When A “Growth” Pure-Play Isn’t A Smart Play
I come from the school of fundamental value analysis/investing. So when a client asked me to look into Unilife Corp (UNIS) a few weeks ago, naturally, my first reaction was to look at their SEC filings...
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