First Purchase Under Mechanical Investment Plan

Tobias CarlisleStock Screener4 Comments

By Bruce Murison, June 8, 2015 On June 8 Tobias published on this site my mechanical investment plan using the Acquirer’s Multiple.  On June 4 I had established a dedicated account with $25,000 to trade the Plan.  On June 8 I made the first trade. Specifically, I bought 594 shares of … Read More

A Mechanical Investment Plan Using The Acquirer’s Multiple

Tobias CarlisleStudy10 Comments

Bruce Murison* contacted me at the start of June with an interesting proposition: He would open a dedicated account to trade the Acquirer’s Multiple All Investable Stocks Screen and post his strategy and results on the site. He thought knowing there was a public eye keeping him on the straight and narrow might assist with … Read More

Icahn on Wall Street Week

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Click here if you’d like to see a current list of deeply undervalued takeover and activist targets using The Acquirer’s Multiple® (it’s free!), subscribe to The Acquirer’s Multiple® or connect with me on Twitter, LinkedIn or Facebook.

Hunting endangered species

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Back in the spring of 1999, when the world was enamored of dot coms and not much else, three guys at Piper Jaffray, Daniel J. Donoghue, Michael R. Murphy and Mark Buckley, produced a superb research report called Wall Streets Endangered Species. The thesis of the paper was that there were a large … Read More

RCI Hospitality Holdings, Inc. (NASDAQ:RICK) : Trash and Treasure

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RCI Hospitality Holdings, Inc. (NASDAQ:RICK), at $11.72, is the eighth cheapest stock in the Small and Micro Cap Screener with an acquirer’s multiple of 5.57. RCI, formerly Rick’s Cabaret International, Inc., operates nightclubs that offer live adult entertainment, restaurant, and bar services primarily for “businessmen” in the United States. It operates adult nightclubs … Read More

Western Refining, Inc. (NYSE:WNR): Refined value

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Western Refining, Inc. (NYSE:WNR) is the second cheapest stock in the Large Cap 1000 Screener (which is free), trading on an acquirer’s multiple of 5.9. It produces refined oil products at three refineries: one in El Paso, Texas, one near Gallup, New Mexico and one in St. Paul Park, Minnesota. WNR sells … Read More

Discussing Deep Value and the Acquirer’s Multiple at Harvard

Tobias CarlisleStudy1 Comment

A little over a month ago I travelled to Harvard to speak to Michael Parzen’s business statistics class on Deep Value and the acquirer’s multiple. Here is the recording of that talk. Click here if you’d like to see a current list of stocks with the best rank using The Acquirer’s Multiple® (it’s free!), … Read More

Norsat International Inc (USA)(NYSEMKT:NSAT) catches an activist

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Norsat International Inc (USA) (NYSEMKT:NSAT) is a Canada-based satellite communications company and, with an acquirer’s multiple of 7.36, a member of the Small and Micro Cap Screener. Norsat’s business units include microwave products; satellite terminals, including portable satellite systems; Sinclair Division, through which Norsat provides industry leading antenna and RF conditioning products, … Read More

Into INTT: inTEST Corporation (NYSEMKT:INTT)

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One of my favorite stocks in the Small and Micro Cap Screener is InTEST Corporation (NYSEMKT:INTT). It’s a ~$50 million market cap with a $27 million enterprise value generating 19 percent yield in operating earnings and cash flow. Nick Bodnar, a new contributor to the site, likes the stock too. Here’s why: … Read More