Don: You're right about the earnings report being late, though not if you count weeks, not days. My broker, whose firm handled the recent secondary offering, thinks there will be a pleasant surprise when the earnings are finally announced.
Sometimes you buy a stock to hold for the short run, and things conspire( an 11% market correction will do the trick) to make you either drop it like a fly agaric (never to return) or you get a feeling that the volatility down will be matched by pressure up when the climate improves. With Regal, I didn't have any doubt, irrespective of the infamous "Heard on the Street" column, which I'm sure you ran across, that I should stick with it.
I'm also really jazzed about the "funscape" concept, since there are many other companies taking small parts of the concept and making sucessful businesses out of them. Why not put them all together in one place? One rule--If you build it, the people will come.
Keep in touch.
John Wight |
