Blogvesting

I came across MWRK while reading this post at Fat Pitch Financials. I was intrigued by the thesis that MWRK could be falling below intrinsic value simply because Bear Stearns has a cash crunch and is being forced to liquidate stocks. Mothers Work is a niche retailer selling maternity clothes, and certainly seem to have [...]

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Advocat (AVCA) is an operator of nursing homes. The stock has been badly beaten down recently as management has failed to reveal a bid for the company until after they had turned the bid down. The company has a shareholder rights plan which prevents takeovers over the management’s objections, as well as a staggered board. [...]

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In the process of trying to move money into my stock brokerage account today, I bumped up against transfer limits laid out in Federal Reserve Regulation D. This regulation stipulates that the number of withdrawals from savings and money market accounts cannot exceed 6 in a single month. The aim is apparently to prevent the [...]

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Did some additional site maintenance tasks today. For unknown reasons, the reCAPTCHA plugin is not stopping spam comments on one of my posts. Only that particular post is affected; non of my other entries seem to be getting swamped by comments. In frustration, I decided to apply for an API key at wordpress.com and activate [...]

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Alerted by a commenter (thanks primorec) of a mistake in my valuation of Crown Crafts in my previous post, I decided to re-evaluate CRWS based on numbers in its latest 2007 10K.
What is the free cash flow of the business after taking into account its one-time gain? From its income statement, if you reverse out [...]

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A company with a monopoly is the best stock to buy. Of course, anti-trust laws have rightfully abolished most monopolies from existence, but in a few niches, natural monopolies still exist. Many of the richest people in the world became rich because they owned monopolistic companies (Bill Gates, Carlos Slim). The CPU market is a [...]

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Its been a pretty hectic few months for me. And I’ve failed miserably in my initial aim of writing 1-2 posts per week. This is due mainly to my academic instinct of not putting anything in print until I’m sure I’m absolutely correct. In practice, this means the posts I write tend to be long [...]

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