tag:blogger.com,1999:blog-2149523431587168680.post490308443908964683..comments2024-01-16T00:12:23.220-05:00Comments on Oddball Stocks: Assorted investment musingsNate Tobikhttp://www.blogger.com/profile/05660387777171986124noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2149523431587168680.post-79627120861691151212013-10-09T02:56:18.564-04:002013-10-09T02:56:18.564-04:00Another excellent post, Nate. I agree with you on ...Another excellent post, Nate. I agree with you on not investing in retailers which you can’t visit. It is much easier to get a picture of, say, a big grocer’s if you can actually check it out for yourself. Also, JC Penny’s loss of customers is largely because of its advertising mishaps, wouldn’t you say? Regardless of its long and illustrious history, one wrong message, and customers are turning elsewhere… Torey Thompsonhttp://www.prop-trading.com/noreply@blogger.comtag:blogger.com,1999:blog-2149523431587168680.post-54018009348823186582013-10-07T22:17:21.229-04:002013-10-07T22:17:21.229-04:00I think you're generally right on with retaile...I think you're generally right on with retailers and restaurants. If you can ride the wave, you may end up with a good return, but its tough to tell what is a reasonable price to pay and when is a good time to get out. I'll never forget when Krispy Kreme first entered the market locally. People went crazy. Within 5 years the store had closed. However, when I first started investing, I made a nice profit investing in Buffalo Wild Wings (I should have held on longer, lol). But in the end, I think you're right. These businesses sell a new idea. But over time, the novelty fades and some competitor comes up with the next new thing. <br /><br />My take on JCP is different however. Back in 2011, I think the brand, like any, needed to be freshened-up a bit,even though the company was still making money. Unfortunately the company made a disastrous strategy move without properly testing it (mainly getting rid of coupons and rewards programs). Sales plummeted. At the same time the firm remodeled the majority of their stores and enhanced the operational technology (huge capital outlays). I'm of the view that the consumer will come back as the company reverses course back to the traditional coupon/sales model that has been successful and is industry standard. The consumer may even be happy to find fresh new stores. The quarterly results will ultimately tell the story. Anonymoushttps://www.blogger.com/profile/02976001434039448297noreply@blogger.comtag:blogger.com,1999:blog-2149523431587168680.post-45111995906105557622013-10-03T02:51:34.061-04:002013-10-03T02:51:34.061-04:00Very nice article and blogg ! i follow you everyda...Very nice article and blogg ! i follow you everyday !! Mathias De Ryckhttps://www.blogger.com/profile/06975363497418335611noreply@blogger.com