Replies to post #283 on ALJ Regional Holdings Inc. (fka ALJJ)

[spec machine]

My personal opinion is that Ravich will repeat a similar series of events as happened with the KES flip (way back, yeah I'm a longtimer in n out)

In short, they offered a buyback by dutch auction

Nice profits for shareholders, I took 50% off the table with profits

ALJJ held the remaining cash for the next venture

Which I believe was Faneuil, IIRC

Floors n less was the dog

The currently have cash and the stub of Faneuil with the SASS service

I'll likely let the part I have left go for the ride, maybe cash out a few more depending on what time horizon I see (if any)

Ravich knows how to make money flipping businesses and a wise man told me "don't bet on the horse, bet on the jockey"

This guy is the type of jockey he was talking about

Look at his form4s ...
purchases (in real cash, at market), Its been a while but he has a bunch rolling in this too

spec

deja vu
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