Replies to post #284 on ALJ Regional Holdings Inc. (fka ALJJ)

[Enterprising Investor]

As an owner-manager, I would prefer to slowly buy back shares at discounted prices in the open market, increasing my ownership stake and maximizing the return at liquidation simultaneously.

[spec machine]

NAILED IT !!!

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

Ravich knows how to make money for shareholders

Just takes some time to cycle through the process

Business flipping or turnaround pro

I’m in (with my remaining shares) for the next round of flips

I was already up huge and profits were taken >$2.45

Did anyone else add some AMRK to their holdings based on the purchase by Ravich/ALJ ?

I’m in AMRK under $30 so we’ll see how that goes in the next couple years too

spec