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Re: MikeyInTheD post# 439

Tuesday, 05/22/2018 1:40:28 AM

Tuesday, May 22, 2018 1:40:28 AM

Post# of 73040
Nice volume today to the upside! Today’s news release gave good highlights. QCA in the asset generating bucket. VWES fine tuning its equipment to focus on the most profitable elements of its business. ALTIA having increased customer usage volume to the point where it required an unexpected charge to keep up with demand. And of course there’s the Spectrum presentation next month. I hope the presentations are recorded, it would be nice to see more about spectrum. And there’s APF, which we don’t know much about yet.

On the dividend I’d agree that that doesn’t seem likely anytime soon. Also, why would we want that? Mature companies with nothing else to do with cash pay dividends. If you have something better to do with the cash, do that. I’m pretty sure Berkshire has never paid a dividend. They keep finding better things to do with the money. I think Wilson and team have shown a track record of finding growth prospects, which is where the money should be going imo, rather than any dividends.

If he starts paying dividends, that just says he can’t find any more good companies to acquire, which kind of defeats the entire purpose of this disruptive holding company structure he’s building.

Also I saw that Overstock.com made an investment in Elio motors recently. Why I’m not sure lol, but maybe something with Elio may actually happen. If it does, maybe Alpines agreement with Elio to supply brake active (and possibly 6th Sense??) could turn into something good. I’m not getting my hopes up on that one, because I also saw that Elios big turn around is relying on a crypto launch?? Wtf? This guys making 3 wheeled cars and crypto?? But anyway, maybe something interesting will happen there.
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