Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Edward Sylvan spoke very well. He knows what he is doing. He has a very excellent focus. His comments regarding Geoffrey Rush was accurate, and complementary. Geoffrey is an actor who was willing to put his name behind a film he believed in. Edward Sylvan speaks with confidence and he speaks the truth. He recognizes the percentage of those 8,500 that are not at all good films, and that there is an investment in time to find the good films out of the 8500 that are worth distribution.
The book is a practical guide to how to get what you want. He speaks about gate keepers, industry outsiders. I didn't get anything out of the interview that is negative. Nothing that states he has accomplished more than he has. This interview was terrific PR. If anything, what Edward Sylvan is doing is breaking up a monopoly. An industry that is not governed by the government such as telephone, and electricity. Edward Sylvan, as an entrepreneur has the confidence to step out into the public and state with confidence his purpose. I would buy his book to see if his book backs up my confidence in Edward Sylvan. Edward Sylvan is truly a pioneer in exactly what he is doing and I believe that he will succeed.
Your post will be removed as you have just given me a direct insult. You should know better, however, I do feel that is one skill that I should work to improve. I am just teasing with you, I was not insulted.
I'll try to do better
Please feel free to disagree with anything that I have spoken, as I respect your opinion. However, one more comment I will make is that this is not a Penny Stock investment where we are relying on an unknown management team. We have a Team of leaders that have proven success in management, leadership and the ability to make money.
Well actually George Foreman did. His time and money and effort to get the company together, to go public. It is apparent from the dedicated effort and publicity of GFME, that GF did not intend on creating a corporate entity and take it public if he was just looking to protect his personal liability.
He is no longer an officer, however he is a major shareholder, as well as SH. It is not a walk in the park to build any company, let alone create a publicly traded entity. So how much did the rest of us shareholders invest? 1M...3M???? probably not anywhere near that.... However In terms of dollars, that is relatively nothing to GF and change in his pocket to SH, not that he doesn't treat the change in his pocket as a valuable asset in which to save and create growth, because he may not be Warren Buffet, but he is definitely a savvy business man.
LOL. Well it's a gamble and a roller coaster ride, I've been up and when it's down I buy more.
I think the one thing it shows is that SH/ casual male has the money to go into locations across the road from their competitors in strategic locations that offer lower monthly lease payments in this economy and take over their competitors business such as jcpenney. Mens wear house which are both located on either side of the lewisville casual male. I also thought their was a store in the mall parking lot called "big and Tall but they might have gone out of business. Could be his strategy for having actual retail stores for homeclick.
If u read the article, they have apparently done their market research and know their their desired market. They also have a more updated catchy name. Time will tell. If their market approach is successful in the stores they have opened.
I was in Lewisville, TX today. And to my surprise I saw a casual male store and I thought omg how long has that been there. So I searched on the Internet and it appears since nov 10, 2011.
http://www.marketwatch.com/story/casual-male-opens-big-and-tall-destinationxltm-dxltm-superstore-in-lewisville-tx-2011-11-10
So how many more new stores are planned? Well probably a good reason why SH bought some more shares.
Seymour Holtzman just bought shares of Casual Male on Nov. 21 and Nov 25.
BBBY, Is going under. The only way they lasted this long is because their competitor Linens and things, went under first. BBBY has done nothing to change their marketing or strategies they have just sat on their "thought to be glory" that LNT was no longer their competition. They forgot about making some changes that would coumpete with Target, Walmart, Macy's JC Penny. They give a 20% coupon for one item... HEllo!!!!on a sale weekend any other store blows their prices away with an entire 10 to 15 percent on your entire purchase. Management better wake up or BYE BYE BED BATH and BEYOND!!!!! The stock price is a facade. Call it the home Enron. I'm just saying. BBBY, if you want to survive, hire me...
MG TY for your sentiments. This is not a competition. It's about an educated guess/ hypothesis is the scientific word. I was willing to stake a higher claim. It's also a challenge of self discipline. Self discipline is a core value that anyone in business should posses. Warren Buffet for example. My educated principle, although I used Texasoil, Ryan and others info, I made a decision that I can afford. True it will be disappointment if my judgement is incorrect. However, if correct, I will enjoy my accomplishment of intelect and the cash is a gift to have something to give.
I hope Seymour Holtzman, board members and officers are not watching this board.
How embarrassing!
Thx Choppers
I have over 191,000 shares. If I made a bad decision, I'm woman enough to
man up and accept the consequence. I did not ask anyone if I should invest.
I studied the DD. so if I am ignorant and
Loose what I have invested I can only blame myself. However, once invested,
I knew I'd have to have B's of Steel to endure the ups and downs. To endure
The dogs who couldn't make wolf.
I ended up getting 7967 at .48. 10,000 at .50 and 10,000 at .49
adding a total of 27967 to my portfolio.
I just added 10,000 at .50 to my portfolio
Proud to add to my collection 5,167 shares.
Well, we know it was removed between yesterday and today. That is factual. True to form evidence. Which could possibly mean absolutely nothing but coincidence.
This is exciting news, I just hope that it does not hurt us as investors, that we have been a tad bit enlightened. I don't think so, the powers that be have got to be somewhat excited that there is a following, respect and confidence in the leadership of GFME. As I stated before, this is a competent management team, lead by a not all for profit leader. Of course Seymour is for profit, but he loves to be the best at what he does and that is building businesses, and he has suceeded at many businesses, not just one that he boasts about like many other business people.
They put important information out just a little too quick. Or it just happened that they were testing the new info on the website and Drylightning just happened to catch it. If you go back and look at my post, you will see I cut and paste the yahoo search which captures the fact that the page existed and it was cached, but the data no longer exists on that page. The URL is identical, but when you click on it that sentence I searched does not exist in the page.
Drylightning. It looks like they have removed that paragraph from the page, however, you can still find the that it existed from the cached page on a yahoo or google search.
Homeclick Security Policies
Cautionary Statement Pursuant to the Private Securities Litigation Reform Act of 1995. Statements of Homeclick's expectations for new stores, capital spending, sales ...
www.homeclick.com/web/customerservice/security_policies.aspx - Cached
I still have my shares. The number that Ryan posted, can't remember exact 130,000 or something. All I know is that the article is one more reason that I believe in GFME. It would be bad press to do something drastic to give GFME a bad name, George Foreman has integrity and he is an honest man. To me the Success magazine article tells a lot to investors. It does not say what is coming, but it does give us confidence that the almighty dollar does not control Mr. Foreman, nor should it control us or our emotions and our behaviors. We of course want to make a profit, and we took a risk and believed in GFME. I say again, trust the officers of the company. I am quite certain they know what they are doing much better than the impatience of stockholders. No matter what we post and say, even if Seymour, Chuck, Jeremy, etc. read what we say, they are going to run the company appropriately. Which they should and I hope they do. I am a business analyst. I recommend to anyone interested in being dynamic and going from good to great, the author and professor, Jim Collins series of books. Also, patience is a virtue. Be careful what you ask for. If GFME management can be influenced by investor impatience than I chose the wrong stock, however, I do not believe I chose the wrong stock. I believe I chose a stock with excellent leadership and businessmen who know how to build a company and create longevity. I do not plan on dumping what I own at the news of a R/M. I will stay put because if Seymour decides to do a R/M, he will continue to build this company.
October 2011
Success Magazine: Article about George Foreman.
http://www.successmagazine.com/Big-Business-with-Big-George/PARAMS/article/557#
"With nearly 100 million George Foreman Grills sold since 1995, Foreman has had enormous influence in the wellness industry. He is also one of the highest-paid and most recognized celebrity endorsers in the world.
In 1999, Foreman signed a $137.5 million deal with Salton Inc. (recently merged with Applica Incorporated), entitling the grill manufacturer to global, unrestricted use of Foreman’s name in marketing the Lean, Mean, Fat-Reducing Grilling Machine and related products. The deal made Michael Jordan’s $40 million deal with Nike look small by comparison."
Integrity:
"Integrity: His Greatest Asset
“The greatest asset, even in this country, is not oil and gas,” Foreman says. “It’s integrity. Everyone is searching for it, asking, ‘Who can I do business with that I can trust?’ ”
I Saw a GF diabetes commercial on espn about an hour ago. I think it was I just caught the tail end of it
I'm with you Texas. I agree with you, I have to keep my calm and no pay attention to what the scam artist is doing because then it messes with my mind. I know that if I jump in and start buying, the price will go up so I am just waiting for the upcoming announcements. If I can get a few more shares when "SPANKY" drops the price down, I'll jump on it and not buy when it is higher because until they SPANK "SPANKY" he/she is just going to keep scamming.
Thank you Texas for introducing me to this stock.
I appreciate it, you as well Choppers. The thing is I've been in this almost a year. I believe in the DD and the management team. Whoever the "pest" is that is bringing the price down. All I have to do is put in a buy anytime they bring the price down and then they jump right back up. And I have the money to do it. Last time they brought it down into the 60's I got away w 10,000 more shares. but I don't think they intended on me getting the shares, but I did. I'll put in a buy Tuesday and get as many as I can at this price. They will jump their price right back up they always do.
It doesn't matter non-ihubber or who it is. Stand your ground or don't. It is a manipulative play, stocks are a gamble. But hey, so what, I wish I was the one who bought the shares for that price. Who bought the shares? how did they know someone would sell for that price? who cares. It's a mental game right now. The stocks are worth what they are worth. It doesn't matter what that number reads at this point. I can put in a buy for $1.25 and then in your mind... it is a $1.25 and someone can sell for .55 and then there it is. At this time peoples emotions...getting in the way. It's like weighing yourself everyday. Except most people want to loose weight, looking at the GFME stock price everyone wants it to be over $1. Your weight fluctuates with hydration, dehydration. The stock is influenced by emotion, tricks, scams. Trust the leadership and quit obsessing over the stock price. If you believe the DD, then ....Buy Low sell HIGH!!!!!
My mother, Barbara owns 3600 shares. And Texas is up there in number of shares, but I'll let him tell you if he wants to.
I have 163,626 shares. Not that you trust me, but TexasOil knows I am real, and that I speak the truth.
Go Texas!
Nice post Ryan. To further expand on your comment Ryan, specifically detail for someone that might not completely understand the detail to what you explained specifically your comment towards less risk:
"Overall, no inventory means less risk to you as a retailer".
Inventory means that you must have a location or place in which to house that inventory. The cost of the location, rent, human resources in which to manage that inventory, supply chain management, purchasing, accounting, all costs associated with buying, housing, and shipping a product. In addition, Inventory is an asset in which you spent liquid assets (cash), or credit, same as cash because you will at most have probably a 30 day net. However, at the year end, the government looks at the inventory as an asset (assets are cash or inventory, machinary, computers, etc), you have to pay taxes on the inventory (depreciation is a form of expense, but you can only depreciate a percentage on the value of the asset over time) Inventory does not have a depreciation unless you find that it has become obsolete or you will not be able to sell it and it becomes scrap. Assets that are not liquid such as cash.
So tying my statement back to Ryans comment, the Risk is, do you have the liquidity to pay the taxes on the assets. Will you sell the inventory, if not, you are left holding the asset, which you can eventually write off over time (depreciation). However you have probably already invested a great deal of $ in liability insurance on your workers, the warehouse, and possible loss due to fire water damage, etc. Most of the costs are in Human Capital and the cost of handling the item more times than necessary. Six Sigma is a very excellent tool in which to identify and trim costs and improve quality, thus reducing costs, improving profitability while improving quality of product and/or quality of service.
For example you have an ecommerce site and you sell T-shirts. You do not integrate an efficient order management software and you are trying to handle the orders via email. The T's get made late, and they ship late, you are in a hurry and you don't have time to QA the T-shirt. Efficiency is, you utilize something like Zen Cart that has an efficent order management system and shipping capabilities.
Next problem. You have your people manually entering the sales into Quickbooks. But they are making mistakes and the reports from Zen don't match quickbooks and your CPA is charging you lots of $$$$'s to fix the problem. So you now figure out you need to take it a step further and integrate your order management system with your financial software so that you can have accurate financial records so you can actually look at an accurate profit and loss statement and income statement.
Just In Time (JIT) is a similar example of controlling costs. However, it is still a different principle. Walmart uses JIT, which can really cause many problems for suppliers. I won't expand on Walmart principles though.
It's OK, Ryan... I wasn't going to correct you, it was a great post!
I recently attended a speech from Congressman Kenny Marchant. The truth is that people are reluctant to let go of their dollars right now when it comes to spending. The national debt and the issue of the health care bill being in controversy. Companies do not know what impact it will have because the argument is not resolved. If 20 of the most influential companies in Texas have taken the stand that they will not hire or expand their business here in the U.S. until the health bill has been resolved. I cannot think that Seymour Holtzman is not looking at the economy as a factor, and that future decisions in the federal government will make an impact on Holtzmans decisions. For one, the corporate tax laws change in 2012 from the deductions that are in place now. - You can disagree... My credentials are. Software Engineer. Developed Missile Systems for 10 years. Have a Bachelors Degree in Business. Built an 8 Million dollar company. But still I don't claim to know everything.
I have gotten most of my information From TexasOil, and through Ryan, Caution, and Levels DD. I research to back up what they say, and I have done my own research, but they already had it pretty well covered when I got in on the game. Seymour is definitely a man who enjoys doing business and doing it well. He is not in a hurry no matter how much the investors are in a hurry. However, most important is as an investor, you trust the people who are managing your investment. Seymour has a whole lot more experience and is much wiser than any of us on this board, I suspect. We are simply riding on his coat tails. Now having said that, I am excited and anxious, but I know that I will make more money patient for Seymour and his team of officers to run the company appropriately. IMO.
Love to stay and speculate and play, but gotta go generate some cash flow. Texas, Let me know when I am a millionaire:)
So Why does IHUB show 9911 shares traded, but Fidelity shows I bought 10K?
I'm counting on it. It will be a Good Rainy day, Raining Green, or a not so good Rainy day where it is not raining green.
I'll say Thank you MGP...I can only say that I feel confident. I was surprised I got all 10K.