Brand Name Values and Turnarounds Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Brand Name Values and Turnarounds

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Paul Senior who wrote (65)	7/26/1999 11:25:00 PM
From: Paul Senior	Read Replies (1) of 82

Oops. Gardenburger (GBUR) reporting disappointing sales comparisons. I bought because I expected great sales from new and repeat customers. Looks like I'm wrong. So I sold about 1/2 position. Buying TSA (The Sports Authority). At about 4, stock is less than 1/2 book value. Price/Sales looks very good to me. New aggressive investor just announced he's taken a substantial position in the stock. So stock has rallied from maybe 3 to 4 level last couple of days. (closing about 3 5/8 today in a yearly range of 2 13/16 to 14 5/16) Earnings are negative. If they turn positive, stock could trade again at better than book value. And best of all, they don't sell veggie burgers -g-.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next