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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Lazarus who wrote (59749)	8/17/2017 6:24:50 PM
From: Paul Senior	Read Replies (4) \| Respond to of 78743

To Lazarus. Ok, here's a 50% gainer or more (I hope) that's maybe a classic Lazarus type. (-g-) If I understand correctly, a classic Lazarus is a penny-stock with potential - with that potential being realized after being held many years with gains of the multi-bagger type. Sitestar Corp. management are attempting to be asset allocators -- investing in businesses and asset managers where the SYTE people have some confidence in the people in whom they are investing. I hold thousands of shares(!) --Uh, well at $.09/sh. And which in total $ is less than a cheap weekend in Las Vegas in the summer. In other words, I don't have enough shares to where it would make much of a noticeable contribution to the small portfolio in which its held, even if the stock increased multiple times. I just want to see if I can hold this penny for a few years to see if I picked something that grew multiples and see if I had the patience to hold a tiny investment that long and eventually harvest the gain (assuming there would be a gain). finance.yahoo.com

To: Lazarus who wrote (59749)	8/21/2017 10:33:54 AM
From: Lazarus	Read Replies (1) \| Respond to of 78743

Well dumped SHPG this am. It was bouncing around near my stop on Friday. I let it ride and it gapped down this morning.

To: Lazarus who wrote (59749)	8/22/2017 6:48:17 PM
From: Graham Osborn	1 Recommendation Recommended By E_K_S Respond to of 78743

I've looked at a number of retail plays mentioned on this thread and elsewhere. Many give the impression of being tremendously cheap. What usually gets me in the end is the operating leases. My loose rule of thumb is I don't like LT obligations/ tang book to be more than 1, and the leases wipe out tang book completely in some cases. Years ago (i.e. about 20 years ago) there was a big debate here about whether operating leases and LT debt should be treated similarly. I can say that for my part I do treat them similarly, and it would seem right now that the market is doing the same. Perhaps there is hidden value to these leases outside retail.