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


To: E_K_S who wrote (66020)1/14/2021 10:29:08 AM
From: E_K_S2 Recommendations

Recommended By
JohnyP
petal

  Respond to of 78763
 
Re: MAC

Also huge short interest. According to shortsqeeze.com shows 58% short interest w/ 12 days to cover. finviz shows a 54% short interest

On those value plays that have a huge short interest can run big, if/when shorts cover and long term value holders refuse to sell. We may be seeing this in MAC and UNFI especially as the value proposition confirms it's story.

EKS



To: E_K_S who wrote (66020)1/14/2021 12:13:42 PM
From: Paul Senior  Respond to of 78763
 
Doing something different from you today, EKS. Sold a tad of my high cost UNFI shares. (still with a full position though); added a VERY few shares to my very few MAC shares.



To: E_K_S who wrote (66020)1/15/2021 4:21:05 AM
From: Madharry2 Recommendations

Recommended By
E_K_S
JohnyP

  Respond to of 78763
 
RE MAC its a bit surreal to see the nice move in a big position of mine and remain steadfast that there is so much more to come. Jeffries is projecting fiscal 21 income of $2.20 if they are correct the distribution should be about $ 2.00 so your interim target of $19 certainly look achievable. as for me i am certainly enjoying my new career as a coupon clipper this week i collected distributions on kf ladr ori stwd and tef. I would be happy to collect $2 in distributions on mac shares in the next year. My gut is telling me that we have now picked most of the low hanging fruit. barring some unexpected gifts like baba which btw announced that they too are now in the electrical vehicle business. so I am waiting to see the $40 upward move such an announcement usually brings with it. LOL. i am 92% invested.



To: E_K_S who wrote (66020)1/26/2021 12:54:38 PM
From: The_Commodore  Read Replies (1) | Respond to of 78763
 
Took a look at CTO. Just preliminary. Are you not at all concerned that they ran a deficit in 2019? Profit was only positive because of assets sold.

Thanks or your perspective.
- Bill