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StevenRisk

05/17/10 11:23 AM

#1831 RE: tnzalu #1829

Looks like the dump continues. What a buying opportunity we are currently at a PE under 3 with Pappy's estimate for this year.

With continued revenue growth in excess of 30% and over 60% this Q makes this a strong buy. Unfortunately my funds are drying up.

While many including myself expected more the reality is earnings were up over 25% with increased shares and not to mention an excellent explanation of the margin miss.

For all we know they gave a huge discount to drive sales 170% or perhaps a matter of much higher growth within this business segment and now a need to get control of the expenses.

Regardless, everybody was so focused on the cigs they totally missed the beverages which are growing at over 40% with excellent margins. Within 2 years I believe this division alone is worth $2.0 a share.

This is quickly becoming a franchise and did I fail to mention they have 60% market share and with that comes price controls and PROTECTION of margins.