Conference calls are always a good sign. Professionalism. And to think that all of this comes from a spicy pickle. Wow.
When conference calls vanish, not a good sign. But the writing is usually on the wall before they do. One stock that always faces the music is Luby's, which I mentioned before. Great team. "Dying" concept. They have always faced the music. Conference calls all the time to the sound of crickets. No analyst coverage, and they had their first question from an analyst in the last call, which was a first in 10 years. It came from a lady from Cougar Capital, run by a controversial fund manager, a contrarian one at that. And he had some bad things to say about ivy league schools, and the lady on that call was one of his class acts that he gave a chance to. And she "lives it, breathes it." And he said all these things before this crime ring was exposed. After all these scandals of schools, I appreciate her all that more.
But Luby's always faces the music. They always have a conference call, which is not the norm. Most don't face the music. Mostely, when you see a conference call, it's because of pride. When it goes, it's because of shame. Usually, that is. Luby's mgmt. is a rare breed that faces this music. So, this is good. Conference calls are a class act in my opinion. Time for a retired analyst to write an article on Seeking Alpha, when one takes notice. Seeking Alpha is a class act too. I suspect a disgruntled cannabis "expert" in Houston might write one first, but I'm ready for that one when he rears his ugly mouth. IFF he has the cahoonies to do so. His article will be conclusion first, cherry picking second. But a real article will eventually come.
This is probably one of those conference calls that I'll be going, what did he just say? They speak in tongues at Helix. Restaurants are easier to understand. But that's okay. Something about seed-to-seed tracking. That part, I get. I just like it when they put up their pictures and graphs and charts. That's what I want. And the Q&A, if any, is what I value most of those.
