Post by
Goldbuggy1 on Mar 31, 2016 8:07pm
patenright111
Hey patenright111. Just a question but what happened to your 2 year plan and when this stock reaches $12. Remember last week when you wrote: "nice !! goldbuggy is going to be kicking himself for selling when this is 10-12 in 1-2 years time" Or when you told everyone here there was support at $7.70 so a good buy in price, when the stock dropped to $7.50 ? At least I have been open and honest about what I said and didn't try to pump up this stock price to earn a few crumbs from 100 shares. I may not be believable by too many here, and that is up to them if they don't want to read what I have to say, but I am calling this as I see it. But you on the other hand have certainly proved here you are not to be believable at all to anyone. Maybe my posts helped you to make some money as you were so sure it was going to hit $12, but then realized I may be right. Your Welcome! But also understand that this stock was trading at your buy in price just a couple of days ago. It is only after the CEO went on BNN that this stock price saw huge volume and went up in price. So that my friend was pure luck. Whow! Also selling out at the right price of $8 when that was almost the days high. What Luck You have! But then you have already proved yourself not to be believe here already so who knows if you didn't sell out at $7.50. You sure have been quiet these past few days. .
Comment by
patenright111 on Apr 01, 2016 7:03pm
OH AND I HAVE BEEN HONEST. I AM NOT PUMPING ANYTHING . I BELIEVE IT WILL BE 10-12 IN 1-2 YEARS AND I STATED MY REASONS WHY - HOW IS THAT PUMPING? YOU ARE JUST PISSED CAUSE YOU WANTED TO RE BUY THIS UNDER 7 AND YOU WERE GETTING SO EXCITED WHEN IT WAS GETTING THERE AT 7.34 AND THEN BOOM - BACK TO 8 AND NOW YOU ARE STOMPING YOUR FEET AND TAKING IT OUT ON ME LOL
Comment by
patenright111 on Apr 01, 2016 11:51pm
WHEN THE PH UC DID I SAY THE PRICE WENT UP BECAUSE OF MY PUMPING - THAT IS RIGHT I DIDNT - I SAID IT WENT UP BECAUSE IT JSUT DID - STOCKS HAVE CYCLES AND GO UP AND DOWN FOR NO REASON - RANDOM WALK - AGAIN - TRADING RANGE IS 7.3 - 8.1 AND I WILL BUY BACK TRADING SHARES AT AROUND 7.5 AND HOLD MY CORE FOR 10-12 IN 1-2 YEARS.
Comment by
patenright111 on Apr 01, 2016 11:55pm
YOU ARE COMPARING APPLES AND ORANGES RE: PIZZA VS LIQUOR. ALSO YOU ARE COMPARING A COMPANY WITH A 90% PAY OUT IN PIZZA WITH LIQ WITH AROUND 30% - WHICH ONE DO YOU THINK HAS MUCH MORE UPSIDE POTENTIAL FOR SHARE APPRECIATION AND OR DIVIDEND INCREASES - OF COURSE THE ONE WITH A 30% PAY OUT
Comment by
patenright111 on Apr 01, 2016 11:58pm
LETS JUST SAY HYPOTHETICALLY IF LIQ WASNT EXPANDING AND REMODELLING AND GROWING, THEY COULD THEN HAVE A PAYOUT OF 90% OF THEIR $1.15 CASHFLOW IN 2015 AND PROJECTED $1.3 IN 2016. SO THEIR IS YOUR DIVIDEND UP TO $1 NOW AND WITH A 9% YIELD STOCK IS $11 !! THIS IS NOT ROCKET SCIENCE YET YOU STILL CANT GRASP THIS LOL
Comment by
patenright111 on Apr 02, 2016 10:40am
you need to be educted. adjusted means adjusted for one time NON RECURRING items - what is it that you don't FN understand about that ???? investors realized they are non recurring or they are not NORMALIZED. you value a company on its FUTURE "NORMALIZED" CASHFLOWS AND WHY THE ADJUSTED CASHFLOW OF $1.13/SHR IN 2015 IS VALID FOR PURPOSED OF VALUING THE COMPANY
Comment by
patenright111 on Apr 02, 2016 10:41am
GOODWILL IS A SUNK COST AND IN THE PAST - IT IS NON CASH CHARGE - NOTHING TO DO WITH FUTURE CASHFLOW . STOCKS TRADE BASED ON FUTURE CASHFLOW