Log on |  Join ($$)
BankInvestor.com Home BankInvestor.com HomeBankInvestor.com Home
Community IPO Research Stock Quotes BDCinvestor.com ValueForum.com
search discussion:      

These ratings are posted by site users; this content is not intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by Bankinvestor.com

Average returns on G.Bailey's ratings:

Rating Avg. Return Annualized Key:
- : rated buy, stock went down
+ : rated sell, stock went up
+/- : rated hold
+ : rated buy, stock went up
- : rated sell, stock went down
strong buy +18.24%(over an avg. of 319.13 days) +20.86%
buy +10.53%(over an avg. of 388.48 days) +9.89%
hold +2.25%(over an avg. of 338.87 days) +2.42%
sell -0.17%(over an avg. of 30.33 days) -2.05%
strong sell -9.47%(over an avg. of 37.00 days) -93.42%


Jump to rating for: ACAS   AINV   AKPB   ALFC   BCSB   CCFC   CFFN   CHFN   CTZN   FRE   FRM   HCBK   HMC   JXVL   KED   LBTM   MAXF   MO   NEBS   PBCT   PCBI   PFE   RFBK   SKFR   SYNF   TFSL   TONE   TTO   UBNK   WAKE   WAWL   WM  

NOTE: areas highlighted in blue indicate that this user is sharing the highlighted information with their private group ONLY
-- ACAS --
ACAS Jul. 7 2003, 11:20 AM ET
Rating closed on
Aug. 13 2003, 12:44 PM ET
by G.Bailey (view profile) rating: Strong Sell
ACAS performance:
Price near date of rating (07/07/2003): 27.55
Price near end of rating (08/13/2003): 24.94

Gain/Loss over 37 days: -2.61 -9.47% Annualized Gain/Loss: -93.42%
Either this is a strong buy or a strong sell. Maybe the bulls are right on this; but I just can't get comfortable with (1) paying big dividends and simultaneously raising capital through issuing stock and (2) earnings driven by valuations determined by management. This could be a great stock but it is based on a model which can be badly abused. Because I cannot get comfortable with it, it is a strong sell for me. If you really understand it and like it, I wish you well--there are many things to like about it. Either Warren Buffett or Peter Lynch said something to the effect that the stock market is great for the small investor as long as he invests in the same way that a baseball player would play if there were no called strikes--just wait for a really fat one. Maybe this is a fat one; but I think it could be a curve and will wait for another fat one. If I ever overcome my stated objections, this could easily become a strong buy.

Was this user's rating of 'ACAS' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful

back to top

-- AINV --
AINV May. 17 2004, 12:44 PM ET
Rating changed on
Jan. 13 2005, 11:39 AM ET
by G.Bailey (view profile) rating: Buy
AINV performance:
Price near date of rating (05/17/2004): 38.79
Price near end of rating (01/13/2005): 49.47
Price change: +10.68
Dividends collected: 0.675

Gain/Loss over 241 days: +11.36 +29.27% Annualized Gain/Loss: +44.33%
Nibble on this under $13. I like to buy at a discount to net cash.

Was this user's rating of 'AINV' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful
Currently: 
 1 said yes (of 1 -- 100.00%)

back to top

AINV Jan. 13 2005, 11:39 AM ET
Rating closed on
Feb. 10 2005, 4:01 PM ET
by G.Bailey (view profile) rating: Hold
AINV performance:
Price near date of rating (01/13/2005): 49.47
Price near end of rating (02/10/2005): 52.11

Gain/Loss over 28 days: +2.64 +5.34% Annualized Gain/Loss: +69.61%
No longer cheap enough to buy.

Was this user's rating of 'AINV' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful
Currently: 
 1 said yes (of 1 -- 100.00%)

back to top

-- AKPB --
AKPB Jun. 18 2003, 5:28 PM ET
Rating closed on
Jan. 30 2004, 5:32 PM ET
by G.Bailey (view profile) rating: Hold
AKPB performance:
Price near date of rating (06/18/2003): 18.60
Price near end of rating (01/30/2004): 24.49
Price change: +5.89
Dividends collected: 0.14

Gain/Loss over 226 days: +6.03 +32.42% Annualized Gain/Loss: +52.36%
I own it but won't put more money into it. Reasonable value but not cheap. I want CHEAP.

Was this user's rating of 'AKPB' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful

back to top

-- ALFC --
ALFC Jun. 18 2003, 5:26 PM ET
Rating closed on
Jan. 30 2004, 5:32 PM ET
by G.Bailey (view profile) rating: Hold
ALFC performance:
Price near date of rating (06/18/2003): 17.50
Price near end of rating (01/30/2004): 19.99
Price change: +2.49
Dividends collected: 0.15

Gain/Loss over 226 days: +2.64 +15.09% Annualized Gain/Loss: +24.37%
Its a hold based on valuation. I own some and plan to keep it but it is not cheap enough to attract new money

Was this user's rating of 'ALFC' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful

back to top

-- BCSB --
BCSB Jul. 14 2003, 2:37 PM ET
Rating changed on
Oct. 30 2003, 4:18 PM ET
by G.Bailey (view profile) rating: Hold
BCSB performance:
Price near date of rating (07/14/2003): 17.33
Price near end of rating (10/30/2003): 17.09
Price change: -0.24
Dividends collected: 0.125

Gain/Loss over 108 days: -0.11 -0.66% Annualized Gain/Loss: -2.23%
BelowBookValue"s recitation of the facts is accurate; but at its current p/e ratio, its a hold for my portfolio and a weak buy for a portfolio looking for good dividend income. You could get lucky and make some good money if it is bought by an MHC, does a second step conversion or actually starts making a decent earnings per share.

Was this user's rating of 'BCSB' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful
Currently: 
 1 said yes (of 1 -- 100.00%)

back to top

BCSB Oct. 30 2003, 4:18 PM ET
Rating changed on
Dec. 22 2003, 3:49 PM ET
by G.Bailey (view profile) rating: Hold
BCSB performance:
Price near date of rating (10/30/2003): 17.09
Price near end of rating (12/22/2003): 17.97

Gain/Loss over 53 days: +0.88 +5.15% Annualized Gain/Loss: +35.47%
I reiterate my hold rating. Everything ElevenWall says is true but the likelihood of anything positive happening soon is not great. A potential 50% pop is not very attractive if the likelihood of a second step or remute soon is not great. As for buying in the hope that a second step will go at 110% of book, that borders on the greater fool theory. In order for this one to become a buy, it needs to demonstrate to me an ability to make money. They have invested a lot in branch expansion. It remains to be seen whether that was a brilliant investment in building their franchise or just a waste of their capital. I keep watching and will shift to buy mode if they start making money. My prior comments were:
BelowBookValue"s recitation of the facts is accurate; but at its current p/e ratio, its a hold for my portfolio and a weak buy for a portfolio looking for good dividend income. You could get lucky and make some good money if it is bought by an MHC, does a second step conversion or actually starts making a decent earnings per share.

Was this user's rating of 'BCSB' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful
Currently: 
 1 said yes (of 1 -- 100.00%)

back to top

BCSB Dec. 22 2003, 3:49 PM ET
Rating changed on
Jan. 28 2004, 6:10 PM ET
by G.Bailey (view profile) rating: Hold
BCSB performance:
Price near date of rating (12/22/2003): 17.97
Price near end of rating (01/28/2004): 20.00
Price change: +2.03
Dividends collected: 0.125

Gain/Loss over 37 days: +2.16 +11.99% Annualized Gain/Loss: +118.28%
I reiterate my hold rating. Elevenwall and others have articulated (1) the reasons why you can make some money if there is a remutualization or a second step and (2) that the company has not demonstrated an ability to make a meaningful profit. I have no idea haw anyone can rate this a buy unless they have some reason to expect a remutualization, a second step or a breakthrough in profits soon.

Was this user's rating of 'BCSB' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful
Currently: 
 1 said yes (of 1 -- 100.00%)

back to top

BCSB Jan. 28 2004, 6:10 PM ET
Rating closed on
Feb. 18 2004, 12:29 PM ET
by G.Bailey (view profile) rating: Sell
BCSB performance:
Price near date of rating (01/28/2004): 20.00
Price near end of rating (02/18/2004): 21.80

Gain/Loss over 21 days: +1.80 +9.00% Annualized Gain/Loss: +156.43%
Based on price appreciation I am downgrading from hold to sell. I have no idea how anyone can rate this a buy unless they have some reason to expect a remutualization, a second step or a breakthrough in profits soon. There are far better thrift investments available--synfd, nebs, bkmu.

Was this user's rating of 'BCSB' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful
Currently: 
 1 said yes (of 1 -- 100.00%)

back to top

-- CCFC --
CCFC Jun. 18 2003, 5:37 PM ET
Rating changed on
Apr. 19 2004, 6:28 PM ET
by G.Bailey (view profile) rating: Buy
CCFC performance:
Price near date of rating (10/15/2003): 15.00
Price near end of rating (04/19/2004): 14.35

Gain/Loss over 306 days: -0.65 -4.33% Annualized Gain/Loss: -5.16%
It's not the greatest S& L to ever convert but it is still cheap. I own it and bought more recently.

Was this user's rating of 'CCFC' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful

back to top

CCFC Apr. 19 2004, 6:28 PM ET
Rating closed on
May. 18 2005, 5:16 PM ET
by G.Bailey (view profile) rating: Hold
CCFC performance:
Price near date of rating (04/19/2004): 14.35
Price near end of rating (05/18/2005): 14.75

Gain/Loss over 394 days: +0.40 +2.79% Annualized Gain/Loss: +2.58%
There are better thrifts at lower prices available.

Was this user's rating of 'CCFC' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful

back to top

-- CFFN --
CFFN Jun. 18 2003, 5:48 PM ET
Rating closed on
Dec. 19 2003, 3:02 PM ET
by G.Bailey (view profile) rating: Hold
CFFN performance:
Price near date of rating (06/18/2003): 28.74
Price near end of rating (12/19/2003): 35.67
Price change: +6.93
Dividends collected: 1.55

Gain/Loss over 184 days: +8.48 +29.51% Annualized Gain/Loss: +58.54%
I agree with everything in other posts singing its praises but around 30 I think I can find better value elsewhere. I keep watching it and will buy if it gets cheap.

Was this user's rating of 'CFFN' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful

back to top

-- CHFN --
CHFN Jun. 18 2003, 5:24 PM ET
Rating changed on
Oct. 15 2003, 11:24 AM ET
by G.Bailey (view profile) rating: Buy
CHFN performance:
Price near date of rating (06/18/2003): 23.01
Price near end of rating (10/15/2003): 28.02
Price change: +5.01
Dividends collected: 0.16038

Gain/Loss over 119 days: +5.17 +22.47% Annualized Gain/Loss: +68.92%
If there are no major problems at FRE, this is darned cheap but it is not for the risk averse; because I can't have the confidence I would like in FRE.

Was this user's rating of 'CHFN' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful
Currently: 
 4 said yes (of 4 -- 100.00%)

back to top

CHFN Oct. 15 2003, 11:24 AM ET
Rating changed on
Jan. 28 2004, 6:15 PM ET
by G.Bailey (view profile) rating: Buy
CHFN performance:
Price near date of rating (10/15/2003): 28.02
Price near end of rating (01/28/2004): 31.83
Price change: +3.81
Dividends collected: 0.16038

Gain/Loss over 105 days: +3.97 +14.17% Annualized Gain/Loss: +49.26%
I reiterate buy rating. Since my previous buy rating, the risks have been reduced but that has been offset by an increase in the price. My previous comments were:
If there are no major problems at FRE, this is darned cheap but it is not for the risk averse; because I can't have the confidence I would like in FRE.

Was this user's rating of 'CHFN' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful
Currently: 
 4 said yes (of 4 -- 100.00%)

back to top

CHFN Jan. 28 2004, 6:15 PM ET
Rating closed on
Feb. 18 2004, 12:32 PM ET
by G.Bailey (view profile) rating: Hold
CHFN performance:
Price near date of rating (01/28/2004): 31.83
Price near end of rating (02/18/2004): 32.16

Gain/Loss over 21 days: +0.33 +1.04% Annualized Gain/Loss: +18.08%
It has gotten too rich for me to buy but remains a hold.

Was this user's rating of 'CHFN' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful
Currently: 
 4 said yes (of 4 -- 100.00%)

back to top

CHFN May. 9 2005, 11:09 PM ET
Rating changed on
Jul. 13 2005, 4:23 PM ET
by G.Bailey (view profile) rating: Strong Buy
CHFN performance:
Price near date of rating (05/09/2005): 25.53
Price near end of rating (07/13/2005): 29.01
Price change: +3.48
Dividends collected: 0.28067

Gain/Loss over 65 days: +3.76 +14.73% Annualized Gain/Loss: +82.71%
This one has dropped back into strong buy territory. The fundamental argument about Freddie Mac stock and dividend waivers remains intact. The price just does not reflect those fundamentals. Plus you get a good dividend while you wait.

Was this user's rating of 'CHFN' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful
Currently: 
 4 said yes (of 4 -- 100.00%)

back to top

CHFN Jul. 13 2005, 4:23 PM ET
Rating changed on
Jul. 26 2005, 11:43 AM ET
by G.Bailey (view profile) rating: Buy
CHFN performance:
Price near date of rating (07/13/2005): 29.01
Price near end of rating (07/26/2005): 27.83

Gain/Loss over 13 days: -1.18 -4.07% Annualized Gain/Loss: -114.27%
Still attractive but no longer the screaming bargain it was about 5 points lower

Was this user's rating of 'CHFN' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful
Currently: 
 4 said yes (of 4 -- 100.00%)

back to top

CHFN Jul. 26 2005, 11:43 AM ET
Rating changed on
Sep. 27 2006, 6:21 PM ET
by G.Bailey (view profile) rating: Strong Buy
CHFN performance:
Price near date of rating (07/26/2005): 27.83
Price near end of rating (09/27/2006): 31.96
Price change: +4.13
Dividends collected: 3.32799

Gain/Loss over 428 days: +7.46 +26.80% Annualized Gain/Loss: +22.86%
Recent price drop makes this a strong buy unless you really think that there is a nationwide housing bubble. Collect your regular dividends that cost the company almost nothing due to the MHC dividend waiver whille you wait for more special dividends from time to time.

Was this user's rating of 'CHFN' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful
Currently: 
 4 said yes (of 4 -- 100.00%)

back to top

CHFN Sep. 27 2006, 6:21 PM ET
Rating changed on
Oct. 30 2006, 9:57 PM ET
by G.Bailey (view profile) rating: Buy
CHFN performance:
Price near date of rating (09/27/2006): 31.96
Price near end of rating (10/30/2006): 37.98

Gain/Loss over 33 days: +6.02 +18.84% Annualized Gain/Loss: +208.38%
Drop from a strong buy to a buy/hold based on appreciation and receipt of the special dividend. The dividend waiver is still a powerful value creator for this mhc. The construction of an automobile plant in their county gives them an opportunity to grow the business while they milk the Freddie Mac stock portfolio they own. I am holding but am not adding to my positions.

Was this user's rating of 'CHFN' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful
Currently: 
 4 said yes (of 4 -- 100.00%)

back to top

CHFN Oct. 30 2006, 9:57 PM ET
Rating changed on
Feb. 22 2007, 4:14 PM ET
by G.Bailey (view profile) rating: Hold
CHFN performance:
Price near date of rating (10/30/2006): 37.98
Price near end of rating (02/22/2007): 37.93
Price change: -0.05
Dividends collected: 0.36087

Gain/Loss over 115 days: +0.31 +0.82% Annualized Gain/Loss: +2.60%
It is probably still cheap but I am spoiled from having bought my position at much lower prices. I am dropping my rating to hold. I previously said: Drop from a strong buy to a buy/hold based on appreciation and receipt of the special dividend. The dividend waiver is still a powerful value creator for this mhc. The construction of an automobile plant in their county gives them an opportunity to grow the business while they milk the Freddie Mac stock portfolio they own. I am holding but am not adding to my positions.

Was this user's rating of 'CHFN' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful
Currently: 
 4 said yes (of 4 -- 100.00%)

back to top

CHFN Feb. 22 2007, 4:14 PM ET
Rating changed on
Sep. 28 2007, 7:30 PM ET
by G.Bailey (view profile) rating: Buy
CHFN performance:
Price near date of rating (02/22/2007): 37.93
Price near end of rating (09/28/2007): 43.30
Price change: +5.37
Dividends collected: 1.20288

Gain/Loss over 217 days: +6.57 +17.33% Annualized Gain/Loss: +29.15%
If you have a long term horizon and are not worried about liquidity, CHFN is back in the BUY category. Just put it away, collect your regular and special dividends and forget about it. I already own a slug of this and am not adding; because I do believe in diversification. The dividend waiver is still a powerful value creator for this mhc. The construction of an automobile plant in their county gives them an opportunity to grow the business while they milk the Freddie Mac stock portfolio they own. I believe in rooting for the Johnsons to get filthy rich as long as they take me along for the ride.

Was this user's rating of 'CHFN' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful
Currently: 
 4 said yes (of 4 -- 100.00%)

back to top

CHFN Sep. 28 2007, 7:30 PM ET
Rating closed on
Aug. 4 2009, 6:59 PM ET
by G.Bailey (view profile) rating: Hold
CHFN performance:
Price near date of rating (09/28/2007): 43.30
Price near end of rating (08/04/2009): 11.03
Price change: -32.27
Dividends collected: 4.00961

Gain/Loss over 676 days: -28.26 -65.27% Annualized Gain/Loss: -35.24%
Based on valuation, move CHFN to a HOLD. Longterm it still makes sense. My previous comments were:
If you have a long term horizon and are not worried about liquidity, CHFN is back in the BUY category. Just put it away, collect your regular and special dividends and forget about it. I already own a slug of this and am not adding; because I do believe in diversification. The dividend waiver is still a powerful value creator for this mhc. The construction of an automobile plant in their county gives them an opportunity to grow the business while they milk the Freddie Mac stock portfolio they own. I believe in rooting for the Johnsons to get filthy rich as long as they take me along for the ride.

Was this user's rating of 'CHFN' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful
Currently: 
 4 said yes (of 4 -- 100.00%)

back to top

-- CTZN --
CTZN Jun. 18 2003, 5:46 PM ET
Rating closed on
Oct. 3 2003, 1:36 PM ET
by G.Bailey (view profile) rating: Hold
CTZN performance:
Price near date of rating (06/18/2003): 21.90
Price near end of rating (10/03/2003): 21.50
Price change: -0.40
Dividends collected: 0.09

Gain/Loss over 107 days: -0.31 -1.42% Annualized Gain/Loss: -4.84%
Great S & L conversion and a well run operation-- just not cheap enough to attract me. I bought in the IPO and sold at 20 when I needed to raise some money but am still holding it in my kids portfolios

Was this user's rating of 'CTZN' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful

back to top

-- FRE --
FRE Jun. 18 2003, 5:53 PM ET
Rating changed on
Jan. 28 2004, 6:20 PM ET
by G.Bailey (view profile) rating: Buy
FRE performance:
Price near date of rating (06/18/2003): 52.00
Price near end of rating (01/28/2004): 62.20
Price change: +10.20
Dividends collected: 0.52

Gain/Loss over 224 days: +10.72 +20.62% Annualized Gain/Loss: +33.60%
This one looks mighty cheap and mighty tempting. The risk, of course, is that the recent personnel changes and the investigations might indicate a substantial problem that has not been brought to light yet. I prefer to buy FRE by buying CHFN and not buying FRE directly. Buying out of favor stocks is a good approach to making money--you just have to live with the fact that a few of those out of favor stocks were out of favor for a good reason.

Was this user's rating of 'FRE' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful
Currently: 
 0 said yes (of 2 -- 0.00%)

back to top

FRE Jan. 28 2004, 6:20 PM ET
Rating closed on
May. 16 2005, 11:17 AM ET
by G.Bailey (view profile) rating: Hold
FRE performance:
Price near date of rating (01/28/2004): 62.20
Price near end of rating (05/16/2005): 62.70
Price change: +0.50
Dividends collected: 1.55

Gain/Loss over 473 days: +2.05 +3.30% Annualized Gain/Loss: +2.55%
[ No comment ]

Was this user's rating of 'FRE' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful
Currently: 
 0 said yes (of 2 -- 0.00%)

back to top

-- FRM --
FRM Oct. 14 2003, 10:55 AM ET
Rating changed on
Jan. 13 2005, 12:09 PM ET
by G.Bailey (view profile) rating: Strong Buy
FRM performance:
Price near date of rating (10/14/2003): 2.59
Price near end of rating (01/13/2005): 2.88

Gain/Loss over 457 days: +0.29 +11.20% Annualized Gain/Loss: +8.95%
Jewelry store with low p/e, high growth, insider buying, trading at about liquidation value. The risks are a complicated relationship to another jeweler and a lawsuit brought by factor who claims that many of the big jewelry store chains misled the factor concerning the financial condition of a supplier. With the caveat that the company paid for the research report by J. M. Dutton, the Dutton report available on its website does a good job of explaining the situation. Unless there is something rotten going on, this is cheap, cheap, cheap. I bought some around 11. It went to 15 and is back around 12. I plan to buy more. If any of you have some insights into this company or the jewelry business in general, I would like to hear about them especially if I am missing something.
What little gems have you found?

Was this user's rating of 'FRM' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful
Currently: 
 1 said yes (of 1 -- 100.00%)

back to top

FRM Jan. 13 2005, 12:09 PM ET
Rating closed on
May. 16 2005, 11:37 AM ET
by G.Bailey (view profile) rating: Hold
FRM performance:
Price near date of rating (01/13/2005): 2.88
Price near end of rating (05/16/2005): 1.91

Gain/Loss over 122 days: -0.97 -33.68% Annualized Gain/Loss: -100.76%
I give up. I got this one wrong. I previously said. Jewelry store with low p/e, high growth, insider buying, trading at about liquidation value. The risks are a complicated relationship to another jeweler and a lawsuit brought by factor who claims that many of the big jewelry store chains misled the factor concerning the financial condition of a supplier. With the caveat that the company paid for the research report by J. M. Dutton, the Dutton report available on its website does a good job of explaining the situation. Unless there is something rotten going on, this is cheap, cheap, cheap. I bought some around 11. It went to 15 and is back around 12. I plan to buy more. If any of you have some insights into this company or the jewelry business in general, I would like to hear about them especially if I am missing something.
What little gems have you found?

Was this user's rating of 'FRM' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful
Currently: 
 1 said yes (of 1 -- 100.00%)

back to top

-- HCBK --
HCBK Jun. 26 2005, 6:54 PM ET
Rating changed on
Mar. 2 2006, 4:03 PM ET
by G.Bailey (view profile) rating: Buy
HCBK performance:
Price near date of rating (06/27/2005): 11.66
Price near end of rating (03/02/2006): 13.26
Price change: +1.60
Dividends collected: 0.215

Gain/Loss over 249 days: +1.81 +15.57% Annualized Gain/Loss: +22.82%
At 11.50, HCBK is a long term buy. Well run and liquid.

Was this user's rating of 'HCBK' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful

back to top

HCBK Mar. 2 2006, 4:03 PM ET
Rating closed on
Sep. 19 2006, 5:32 PM ET
by G.Bailey (view profile) rating: Hold
HCBK performance:
Price near date of rating (03/02/2006): 13.26
Price near end of rating (09/19/2006): 13.12
Price change: -0.14
Dividends collected: 0.15

Gain/Loss over 200 days: +0.01 +0.08% Annualized Gain/Loss: +0.15%
Drop HCBK to a hold based on valuation. Still a good long term story and I plan to keep my large position but it is no place for new money. Previously I stated:
At 11.50, HCBK is a long term buy. Well run and liquid.

Was this user's rating of 'HCBK' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful

back to top

-- HMC --
HMC Jul. 14 2003, 2:49 PM ET
Rating changed on
Jul. 14 2003, 2:50 PM ET
by G.Bailey (view profile) rating: Strong Buy
HMC performance:
Price near date of rating (07/14/2003): 21.00
Price near end of rating (07/14/2003): 21.00

Gain/Loss over 0 days: 0.00 0.00%
CHEAP. Just look at the pe ratio and tell me whether you would rather own this well run company which makes quality cars and is increasing market share or whether you would rather own a US or European car company that seems to be in business primarily to pay for their underfunded pension plans and unfunded retiree medical liabilities.

Was this user's rating of 'HMC' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful

back to top

HMC Jul. 14 2003, 2:50 PM ET
Rating closed on
Jun. 28 2005, 5:41 PM ET
by G.Bailey (view profile) rating: Strong Buy
HMC performance:
Price near date of rating (07/14/2003): 21.00
Price near end of rating (06/28/2005): 24.70
Price change: +3.70
Dividends collected: 0.407

Gain/Loss over 715 days: +4.11 +19.56% Annualized Gain/Loss: +9.99%
CHEAP. Just look at the pe ratio and tell me whether you would rather own this well run company which makes quality cars and is increasing market share or whether you would rather own a US or European car company that seems to be in business primarily to pay for their underfunded pension plans and unfunded retiree medical liabilities. I bought some at 19.

Was this user's rating of 'HMC' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful

back to top

-- JXVL --
JXVL Jul. 11 2003, 10:50 AM ET
Rating changed on
Aug. 13 2003, 11:30 AM ET
by G.Bailey (view profile) rating: Buy
JXVL performance:
Price near date of rating (07/11/2003): 29.43
Price near end of rating (08/13/2003): 37.06

Gain/Loss over 33 days: +7.63 +25.93% Annualized Gain/Loss: +286.80%
Well seasoned S & L that is still cheap based on book and earnings, buys back stock and pays a decent dividend.

Was this user's rating of 'JXVL' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful

back to top

JXVL Aug. 13 2003, 11:30 AM ET
Rating closed on
Jan. 29 2004, 11:46 AM ET
by G.Bailey (view profile) rating: Hold
JXVL performance:
Price near date of rating (08/13/2003): 37.06
Price near end of rating (12/30/2003): 37.50
Price change: +0.44
Dividends collected: 0.15

Gain/Loss over 169 days: +0.59 +1.59% Annualized Gain/Loss: +3.43%
Well its too late to buy it anymore. $37.50 is satisfactory but I had hoped that it would get to $40 on a buyout. My prior comments (when it was trading under $30) were:

Well seasoned S & L that is still cheap based on book and earnings, buys back stock and pays a decent dividend.

Was this user's rating of 'JXVL' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful

back to top

-- KED --
KED Sep. 18 2009, 9:09 PM ET
Rating changed on
Jan. 7 2010, 1:26 PM ET
by G.Bailey (view profile) rating: Strong Buy
KED performance:
Price near date of rating (09/18/2009): 13.36
Price near end of rating (01/07/2010): 15.57
Price change: +2.21
Dividends collected: 0.3

Gain/Loss over 111 days: +2.51 +18.79% Annualized Gain/Loss: +61.79%
Pretty much the same as TTO.

Was this user's rating of 'KED' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful

back to top

KED Jan. 7 2010, 1:26 PM ET
Rating closed on
Mar. 16 2010, 7:52 PM ET
by G.Bailey (view profile) rating: Hold
KED performance:
Price near date of rating (01/07/2010): 15.57
Price near end of rating (03/16/2010): 16.24
Price change: +0.67
Dividends collected: 0.3

Gain/Loss over 67 days: +0.97 +6.23% Annualized Gain/Loss: +33.94%
Hold for the nice dividend but no longer at a big discount to net asset value. TTO is still at enough of a discount to net asset value to buy.

Was this user's rating of 'KED' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful

back to top

-- LBTM --
LBTM Jun. 18 2003, 5:12 PM ET
Rating changed on
Oct. 14 2003, 11:05 AM ET
by G.Bailey (view profile) rating: Buy
LBTM performance:
Price near date of rating (06/18/2003): 21.31
Price near end of rating (10/14/2003): 24.75
Price change: +3.44
Dividends collected: 0.2

Gain/Loss over 118 days: +3.64 +17.08% Annualized Gain/Loss: +52.83%
Actually my rating is buy/hold. This is a sleepy S & L that wants to act like its still a mutual. Its biggest attraction is the dividend. At some point (not anytime soon) there will be a bonanza when they do a second step or remutualize. I would not look for them to start trying to run this to significantly increase earnings or realize the value any time soon.

Was this user's rating of 'LBTM' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful

back to top

LBTM Oct. 14 2003, 11:05 AM ET
Rating closed on
Dec. 22 2003, 12:06 PM ET
by G.Bailey (view profile) rating: Hold
LBTM performance:
Price near date of rating (10/14/2003): 24.75
Price near end of rating (12/22/2003): 29.60
Price change: +4.85
Dividends collected: 0.2

Gain/Loss over 69 days: +5.05 +20.40% Annualized Gain/Loss: +107.91%
Has moved up and is no longer cheap. Will be fine over the long term but not much additional upside until they do a second step or remutualize. Previously my comments were:
Actually my rating is buy/hold. This is a sleepy S & L that wants to act like its still a mutual. Its biggest attraction is the dividend. At some point (not anytime soon) there will be a bonanza when they do a second step or remutualize. I would not look for them to start trying to run this to significantly increase earnings or realize the value any time soon.

Was this user's rating of 'LBTM' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful

back to top

-- MAXF --
MAXF Sep. 18 2003, 12:05 PM ET
Rating closed on
May. 16 2005, 11:39 AM ET
by G.Bailey (view profile) rating: Strong Buy
MAXF performance:
Price near date of rating (09/18/2003): 13.25
Price near end of rating (05/16/2005): 13.89
Price change: +0.64
Dividends collected: 0.378

Gain/Loss over 606 days: +1.02 +7.68% Annualized Gain/Loss: +4.63%
dynamic growth at 9 times earnings and less than 2 times book; it even pays a dividend

Was this user's rating of 'MAXF' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful

back to top

-- MO --
MO Jun. 18 2003, 5:43 PM ET
Rating closed on
Aug. 13 2003, 12:45 PM ET
by G.Bailey (view profile) rating: Sell
MO performance:
Price near date of rating (06/18/2003): 44.24
Price near end of rating (08/13/2003): 40.35

Gain/Loss over 56 days: -3.89 -8.79% Annualized Gain/Loss: -57.29%
It sure looks cheap but I get real worried when you are relying on the states to keep it going; because the states have a stak in its survival (to pay everything it owes the states over the next 20 years) and then the states start selling bonds backed by the tobacco settlement payments; and maybe the states don't care so much whether the tobacco companies survive.

Was this user's rating of 'MO' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful

back to top

-- NEBS --
NEBS Jan. 6 2003, 12:51 PM ET
Rating changed on
Jun. 18 2003, 5:21 PM ET
by G.Bailey (view profile) rating: Buy
NEBS performance:
Price near date of rating (01/06/2003): 14.95
Price near end of rating (06/18/2003): 16.00

Gain/Loss over 162 days: +1.05 +7.02% Annualized Gain/Loss: +15.82%
[ Comments shared with private group only ]
back to top

NEBS Jun. 18 2003, 5:21 PM ET
Rating closed on
Feb. 3 2004, 1:09 PM ET
by G.Bailey (view profile) rating: Hold
NEBS performance:
Price near date of rating (06/18/2003): 16.00
Price near end of rating (02/03/2004): 20.00

Gain/Loss over 230 days: +4.00 +25.00% Annualized Gain/Loss: +39.67%
I changed my rating to hold based on valuation. I own some and plan to keep it but it is not cheap enough now for me to buy more. My comments on my previous ratings were:



No longer a strong buy due to price appreciation. Now a buy/hold. My previous comments when I thought it was a strong buy at 12 1/2 were as follows:

Very cheap mhc on book and earnings using only public shares. If you are patient and a long term holder, liquidity should not matter much. Stay away if liquidity is important to you.

Was this user's rating of 'NEBS' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful

back to top

NEBS May. 16 2005, 11:40 AM ET
Rating changed on
Jul. 13 2005, 4:20 PM ET
by G.Bailey (view profile) rating: Buy
NEBS performance:
Price near date of rating (05/16/2005): 15.50
Price near end of rating (07/13/2005): 22.50
Price change: +7.00
Dividends collected: 0.05

Gain/Loss over 58 days: +7.05 +45.48% Annualized Gain/Loss: +286.21%
I may be early on this but it is looking cheap again.

Was this user's rating of 'NEBS' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful

back to top

NEBS Jul. 13 2005, 4:20 PM ET
Rating closed on
Jul. 19 2005, 11:06 AM ET
by G.Bailey (view profile) rating: Hold
NEBS performance:
Price near date of rating (07/13/2005): 22.50
Price near end of rating (07/19/2005): 25.00

Gain/Loss over 6 days: +2.50 +11.11% Annualized Gain/Loss: +675.86%
There may be a little juice left in this; but NEBS is not the place for new money.

Was this user's rating of 'NEBS' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful

back to top

-- PBCT --
PBCT Feb. 4 2004, 10:27 AM ET
Rating changed on
Feb. 4 2004, 10:27 AM ET
by G.Bailey (view profile) rating: Sell
PBCT performance:
Price near date of rating (02/04/2004): 9.54
Price near end of rating (02/04/2004): 9.54

Gain/Loss over 0 days: 0.00 0.00%
This is a good bank but the recent runup makes it no longer worth holding onto. Take your profits and run at 40x earnings.

Was this user's rating of 'PBCT' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful

back to top

PBCT Feb. 4 2004, 10:27 AM ET
Rating closed on
Feb. 18 2004, 12:27 PM ET
by G.Bailey (view profile) rating: Sell
PBCT performance:
Price near date of rating (02/04/2004): 9.54
Price near end of rating (02/18/2004): 9.47

Gain/Loss over 14 days: -0.07 -0.73% Annualized Gain/Loss: -19.03%
This is a good bank but the recent runup makes it no longer worth holding onto. Take your profits and run at 40x earnings.

Was this user's rating of 'PBCT' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful

back to top

-- PCBI --
PCBI May. 16 2005, 11:16 AM ET
Rating changed on
Dec. 10 2006, 1:53 PM ET
by G.Bailey (view profile) rating: Strong Buy
PCBI performance:
Price near date of rating (05/16/2005): 21.30
Price near end of rating (12/11/2006): 17.12
Price change: -4.18
Dividends collected: 0.9

Gain/Loss over 573 days: -3.28 -15.40% Annualized Gain/Loss: -9.81%
This one is really cheap, management owns a lot of stock and you have a good chance of getting bought out.

Was this user's rating of 'PCBI' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful

back to top

PCBI Dec. 10 2006, 1:53 PM ET
Rating closed on
Sep. 30 2007, 09:34 AM ET
by G.Bailey (view profile) rating: Hold
PCBI performance:
Price near date of rating (12/11/2006): 17.12
Price near end of rating (10/01/2007): 17.55
Price change: +0.43
Dividends collected: 0.6

Gain/Loss over 293 days: +1.03 +6.02% Annualized Gain/Loss: +7.50%
Dropping this to a hold based on Radsdad's mesage. I will continue to watch this one for a time to raise recommendation. My prior comments when I ranked as a buy were--This one is really cheap, management owns a lot of stock and you have a good chance of getting bought out.

Was this user's rating of 'PCBI' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful

back to top

-- PFE --
PFE Jul. 7 2003, 2:05 PM ET
Rating changed on
Jul. 14 2003, 2:38 PM ET
by G.Bailey (view profile) rating: Buy
PFE performance:
Price near date of rating (07/07/2003): 32.64
Price near end of rating (07/14/2003): 32.11

Gain/Loss over 7 days: -0.53 -1.62% Annualized Gain/Loss: -84.47%
In spite of good price appreciation since my initial buy rating, it still looks cheap for a growth stock. My prior comments were:


Seldom do you get to buy a premier drug stock at 24 times earnings. Since I am far too cheap to buy it at a reasonable price, I have to buy it now and be confident that the demographics will take care of me.

Was this user's rating of 'PFE' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful

back to top

PFE Jul. 14 2003, 2:38 PM ET
Rating changed on
Jul. 14 2003, 2:43 PM ET
by G.Bailey (view profile) rating: Strong Buy
PFE performance:
Price near date of rating (07/14/2003): 32.11
Price near end of rating (07/14/2003): 32.11

Gain/Loss over 0 days: 0.00 0.00%
In spite of good price appreciation since my initial buy rating, it still looks cheap for a growth stock. My prior comments were:


Seldom do you get to buy a premier drug stock at 24 times earnings. Since I am far too cheap to buy it at a reasonable price, I have to buy it now and be confident that the demographics will take care of me.

Was this user's rating of 'PFE' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful

back to top

PFE Jul. 14 2003, 2:43 PM ET
Rating changed on
Feb. 6 2004, 2:00 PM ET
by G.Bailey (view profile) rating: Strong Buy
PFE performance:
Price near date of rating (07/14/2003): 32.11
Price near end of rating (02/06/2004): 36.86
Price change: +4.75
Dividends collected: 0.28462

Gain/Loss over 207 days: +5.03 +15.68% Annualized Gain/Loss: +27.65%
I have looked at this again and raised to a strong buy. This is a premier growth company in the pharmaceutical field. Its price has risen is the last few months but it is still very cheap low p/e by growth stock standards. I have bought some and continue to add to my position. It is not often that I find a growth stock that I feel comfortable saying that I am going to buy it and just put it away as a core holding but that's exactly what I plan to do with this.Our aging population and their increased use of drugs make this one a winner.

Was this user's rating of 'PFE' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful

back to top

PFE Feb. 6 2004, 2:00 PM ET
Rating changed on
Dec. 13 2005, 12:35 PM ET
by G.Bailey (view profile) rating: Buy
PFE performance:
Price near date of rating (02/06/2004): 36.86
Price near end of rating (12/13/2005): 21.17
Price change: -15.69
Dividends collected: 1.36624

Gain/Loss over 676 days: -14.32 -38.86% Annualized Gain/Loss: -20.98%
Dropped from strong buy to buy based on recent appreciation. I previously stated:
I have looked at this again and raised to a strong buy. This is a premier growth company in the pharmaceutical field. Its price has risen is the last few months but it is still very cheap low p/e by growth stock standards. I have bought some and continue to add to my position. It is not often that I find a growth stock that I feel comfortable saying that I am going to buy it and just put it away as a core holding but that's exactly what I plan to do with this.Our aging population and their increased use of drugs make this one a winner.

Was this user's rating of 'PFE' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful

back to top

PFE Dec. 13 2005, 12:35 PM ET
Rating closed on
Sep. 27 2006, 6:24 PM ET
by G.Bailey (view profile) rating: Strong Buy
PFE performance:
Price near date of rating (12/13/2005): 21.17
Price near end of rating (09/27/2006): 26.95
Price change: +5.78
Dividends collected: 0.6831

Gain/Loss over 287 days: +6.46 +30.53% Annualized Gain/Loss: +38.83%
I have been wrong on Pfizer for so long that one of these days I have to be right. Cheap valuation and raising their dividends. It is not often that I find a growth stock that I feel comfortable saying that I am going to buy it and just put it away as a core holding but that's exactly what I plan to do with this.Our aging population and their increased use of drugs make this one a winner.

Was this user's rating of 'PFE' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful

back to top

-- RFBK --
RFBK Jun. 19 2003, 3:28 PM ET
Rating changed on
Dec. 19 2003, 12:25 PM ET
by G.Bailey (view profile) rating: Buy
RFBK performance:
Price near date of rating (10/07/2003): 13.00
Price near end of rating (12/19/2003): 20.00

Gain/Loss over 183 days: +7.00 +53.85% Annualized Gain/Loss: +107.41%
JimmyBodeen and Doss2 have set forth a good analysis. It's cheap and clean and should be nicely profitable when it becomes a small office of a bigger bank. I have bought recently and may buy more. I really like it but it does not have me salivating; so it cannot qualify for strong buy.

Was this user's rating of 'RFBK' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful

back to top

RFBK Dec. 19 2003, 12:25 PM ET
Rating closed on
Jan. 30 2004, 5:35 PM ET
by G.Bailey (view profile) rating: Hold
RFBK performance:
Price near date of rating (12/19/2003): 20.00
Price near end of rating (01/30/2004): 19.10

Gain/Loss over 42 days: -0.90 -4.50% Annualized Gain/Loss: -39.11%
Move this one from the buy category to a hold based strictly on valuation.

Was this user's rating of 'RFBK' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful

back to top

-- SKFR --
SKFR Jul. 16 2003, 6:40 PM ET
Rating changed on
Sep. 18 2003, 11:49 AM ET
by G.Bailey (view profile) rating: Strong Buy
SKFR performance:
Price near date of rating (07/16/2003): 29.17
Price near end of rating (09/18/2003): 34.00

Gain/Loss over 64 days: +4.83 +16.56% Annualized Gain/Loss: +94.44%
I ran a screen on stocks that would be liked by both Benjamin Graham and Peter Lynch--up popped several stocks. A little digging eliminated most of them. The one of those remaining which looked most promising was SKFR--a Swedish company in the bearing and sealing business which has made and continues to increase investments in Eastern Europe. I think that there are good opportunities in Eastern Europe and prefer to have businessmen making those investments for me rather than portfolio managers. The most recent earnings report was not great but was not bad. At 11x earnings and a decent dividend, it seems a cheap play on a worldwide economic recovery. I bought today at $29.16. If anyone else has insights on this one, I would sure like to hear them.

Was this user's rating of 'SKFR' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful

back to top

SKFR Sep. 18 2003, 11:49 AM ET
Rating changed on
Oct. 3 2003, 12:19 PM ET
by G.Bailey (view profile) rating: Buy
SKFR performance:
Price near date of rating (09/18/2003): 34.00
Price near end of rating (09/19/2003): 32.95

Gain/Loss over 15 days: -1.05 -3.09% Annualized Gain/Loss: -75.19%
Based on price appreciation a BUY but no longer a STRONG BUY. Previously I stated:
I ran a screen on stocks that would be liked by both Benjamin Graham and Peter Lynch--up popped several stocks. A little digging eliminated most of them. The one of those remaining which looked most promising was SKFR--a Swedish company in the bearing and sealing business which has made and continues to increase investments in Eastern Europe. I think that there are good opportunities in Eastern Europe and prefer to have businessmen making those investments for me rather than portfolio managers. The most recent earnings report was not great but was not bad. At 11x earnings and a decent dividend, it seems a cheap play on a worldwide economic recovery. I bought today at $29.16. If anyone else has insights on this one, I would sure like to hear them.

Was this user's rating of 'SKFR' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful

back to top

SKFR Oct. 3 2003, 12:19 PM ET
Rating closed on
Oct. 3 2003, 12:19 PM ET
by G.Bailey (view profile) rating: Hold
Based on price appreciation a BUY but no longer a STRONG BUY. Previously I stated:
I ran a screen on stocks that would be liked by both Benjamin Graham and Peter Lynch--up popped several stocks. A little digging eliminated most of them. The one of those remaining which looked most promising was SKFR--a Swedish company in the bearing and sealing business which has made and continues to increase investments in Eastern Europe. I think that there are good opportunities in Eastern Europe and prefer to have businessmen making those investments for me rather than portfolio managers. The most recent earnings report was not great but was not bad. At 11x earnings and a decent dividend, it seems a cheap play on a worldwide economic recovery. I bought today at $29.16. If anyone else has insights on this one, I would sure like to hear them.

Was this user's rating of 'SKFR' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful

back to top

-- SYNF --
SYNF Jan. 29 2004, 11:41 AM ET
Rating changed on
Jan. 13 2005, 11:41 AM ET
by G.Bailey (view profile) rating: Buy
SYNF performance:
Price near date of rating (01/29/2004): 10.61
Price near end of rating (01/13/2005): 12.82
Price change: +2.21
Dividends collected: 0.12

Gain/Loss over 350 days: +2.33 +21.96% Annualized Gain/Loss: +22.90%
Under $11 this is a very good value. I have been buying and will buy more.

Was this user's rating of 'SYNF' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful
Currently: 
 1 said yes (of 1 -- 100.00%)

back to top

SYNF Jan. 13 2005, 11:41 AM ET
Rating changed on
Jan. 13 2005, 12:01 PM ET
by G.Bailey (view profile) rating: Hold
SYNF performance:
Price near date of rating (01/13/2005): 12.82
Price near end of rating (01/13/2005): 12.82

Gain/Loss over 0 days: 0.00 0.00%
Under $11 this is a very good value. I have been buying and will buy more.

Was this user's rating of 'SYNF' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful
Currently: 
 1 said yes (of 1 -- 100.00%)

back to top

SYNF Jan. 13 2005, 12:01 PM ET
Rating closed on
May. 18 2005, 5:20 PM ET
by G.Bailey (view profile) rating: Hold
SYNF performance:
Price near date of rating (01/13/2005): 12.82
Price near end of rating (05/18/2005): 11.97
Price change: -0.85
Dividends collected: 0.04

Gain/Loss over 124 days: -0.81 -6.32% Annualized Gain/Loss: -18.60%
no longer cheap enough to buy.

Was this user's rating of 'SYNF' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful
Currently: 
 1 said yes (of 1 -- 100.00%)

back to top

-- TFSL --
TFSL Apr. 23 2007, 2:54 PM ET
Rating changed on
Sep. 29 2007, 10:19 AM ET
by G.Bailey (view profile) rating: Strong Buy
TFSL performance:
Price near date of rating (04/23/2007): 11.79
Price near end of rating (10/01/2007): 12.90

Gain/Loss over 159 days: +1.11 +9.41% Annualized Gain/Loss: +21.60%
With the caveat that I already own as full a position as I am comfortable holding and will not personally be adding to it, TFSL under $12 seems like a real bargain for anyone who does not already own as much as they are comfortable holding in a single position. I think that the large allocations are artificially holding down the pop; because conversion investors got a great deal more stock than they are comfortable holding in a single position and are selling or at least nor buying more.

Was this user's rating of 'TFSL' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful
Currently: 
 3 said yes (of 3 -- 100.00%)

back to top

TFSL Sep. 29 2007, 10:19 AM ET
Rating closed on
Jan. 7 2010, 1:28 PM ET
by G.Bailey (view profile) rating: Hold
TFSL performance:
Price near date of rating (10/01/2007): 12.90
Price near end of rating (01/07/2010): 12.49
Price change: -0.41
Dividends collected: 0.48

Gain/Loss over 831 days: +0.07 +0.54% Annualized Gain/Loss: +0.24%
Based on valuation, TFSL is now a HOLD. Probably works long term and the liquidity is good but there have got to be better bargains out there. My previous comments were:
With the caveat that I already own as full a position as I am comfortable holding and will not personally be adding to it, TFSL under $12 seems like a real bargain for anyone who does not already own as much as they are comfortable holding in a single position. I think that the large allocations are artificially holding down the pop; because conversion investors got a great deal more stock than they are comfortable holding in a single position and are selling or at least nor buying more.

Was this user's rating of 'TFSL' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful
Currently: 
 3 said yes (of 3 -- 100.00%)

back to top

-- TONE --
TONE Jul. 7 2003, 2:39 PM ET
Rating closed on
Oct. 3 2003, 1:36 PM ET
by G.Bailey (view profile) rating: Hold
TONE performance:
Price near date of rating (07/07/2003): 19.77
Price near end of rating (10/03/2003): 21.73

Gain/Loss over 88 days: +1.96 +9.91% Annualized Gain/Loss: +41.10%
this is a well run S & L but price is too rich for me

Was this user's rating of 'TONE' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful

back to top

-- TTO --
TTO Aug. 4 2009, 6:57 PM ET
Rating changed on
Jan. 10 2010, 10:43 AM ET
by G.Bailey (view profile) rating: Strong Buy
TTO performance:
Price near date of rating (08/04/2009): 5.96
Price near end of rating (01/11/2010): 7.50
Price change: +1.54
Dividends collected: 0.13

Gain/Loss over 159 days: +1.67 +28.02% Annualized Gain/Loss: +64.32%
I have been buying Tortoise Capital (TTO) at recent prices. It is a closed end fund investing in micro-cap and private equity investments in the pipeline business trading at a substantial discount to its May 31, 2009 NAV. Its related funds (TYY, TYG, TYN and TYG) trade a a small discount or even a premium to NAV. Even with a dramatic reduction in the dividend, the dividend for TTO is almost 9% and is mostly tax free. The issue/risk is leverage and ongoing discussions with their lenders. I like the cash flows in the pipeline business and own KMP, EPE MGG. This gives me exposure to the smaller players at a discount.

Was this user's rating of 'TTO' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful
Currently: 
 3 said yes (of 3 -- 100.00%)

back to top

TTO Jan. 10 2010, 10:43 AM ET
Rating closed on
Apr. 16 2010, 10:40 AM ET
by G.Bailey (view profile) rating: Hold
TTO performance:
Price near date of rating (01/11/2010): 7.50
Price near end of rating (04/16/2010): 7.60
Price change: +0.10
Dividends collected: 0.13

Gain/Loss over 95 days: +0.23 +3.07% Annualized Gain/Loss: +11.80%
Hold for the dividend. At $7.45 TTO still trades for a significant discount to the NAV but is no longer cheap enough for a strong buy. I still like the pipeline industry but the market is catching up on valuations. When I previously rated TTO as a strong buy I said--
I have been buying Tortoise Capital (TTO) at recent prices. It is a closed end fund investing in micro-cap and private equity investments in the pipeline business trading at a substantial discount to its May 31, 2009 NAV. Its related funds (TYY, TYG, TYN and TYG) trade a a small discount or even a premium to NAV. Even with a dramatic reduction in the dividend, the dividend for TTO is almost 9% and is mostly tax free. The issue/risk is leverage and ongoing discussions with their lenders. I like the cash flows in the pipeline business and own KMP, EPE MGG. This gives me exposure to the smaller players at a discount.

Was this user's rating of 'TTO' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful
Currently: 
 3 said yes (of 3 -- 100.00%)

back to top

TTO May. 14 2010, 10:08 AM ET
Rating changed on
Mar. 10 2011, 10:34 AM ET
by G.Bailey (view profile) rating: Strong Buy
TTO performance:
Price near date of rating (05/14/2010): 6.55
Price near end of rating (03/10/2011): 8.84
Price change: +2.29
Dividends collected: 0.4

Gain/Loss over 300 days: +2.69 +41.07% Annualized Gain/Loss: +49.97%
At $6.45, TTO is back in the strong buy area. The recent slash in the dividend and write down of net asset values is baked into the price. Trades at a substantial discount to net asset value. This is not for the faint of heart.

Was this user's rating of 'TTO' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful
Currently: 
 3 said yes (of 3 -- 100.00%)

back to top

TTO Mar. 10 2011, 10:34 AM ET by G.Bailey (view profile) rating: Hold
TTO performance:
Price near date of rating (03/10/2011): 8.84
Recent price (11/30/2012): 8.46
Price change: -0.38
Dividends collected: 0.75

Gain/Loss over 3878 days: +0.37 +4.19% Annualized Gain/Loss: +0.39%
I am not greedy. TTO has had a nice run. It is a solid hold based on discount to nav and the dividend but is no longer a strong buy. The recent sale of their large holding in International Resources Partners gives them a lot of cash to reinvest and tends to validate the valuation that they have put on their closely held investments.

Was this user's rating of 'TTO' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful
Currently: 
 3 said yes (of 3 -- 100.00%)

back to top

-- UBNK --
UBNK Sep. 30 2005, 5:21 PM ET
Rating changed on
Mar. 18 2006, 12:37 PM ET
by G.Bailey (view profile) rating: Strong Buy
UBNK performance:
Price near date of rating (09/30/2005): 13.34
Price near end of rating (03/20/2006): 14.58

Gain/Loss over 169 days: +1.24 +9.30% Annualized Gain/Loss: +20.09%
Under 11.35 due to large amount of stock being dumped on market seems very cheap and a great buy. Won't last long under 12.

Was this user's rating of 'UBNK' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful
Currently: 
 2 said yes (of 2 -- 100.00%)

back to top

UBNK Mar. 18 2006, 12:37 PM ET
Rating changed on
Oct. 24 2006, 1:29 PM ET
by G.Bailey (view profile) rating: Buy
UBNK performance:
Price near date of rating (03/20/2006): 14.58
Price near end of rating (10/24/2006): 14.69
Price change: +0.11
Dividends collected: 0.04

Gain/Loss over 219 days: +0.15 +1.03% Annualized Gain/Loss: +1.72%
Move from strong buy to buy based on price appreciation. I previously said: Under 11.35 due to large amount of stock being dumped on market seems very cheap and a great buy. Won't last long under 12.

Was this user's rating of 'UBNK' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful
Currently: 
 2 said yes (of 2 -- 100.00%)

back to top

UBNK Oct. 24 2006, 1:29 PM ET
Rating closed on
Aug. 4 2009, 7:02 PM ET
by G.Bailey (view profile) rating: Hold
UBNK performance:
Price near date of rating (10/24/2006): 14.69
Price near end of rating (08/04/2009): 12.45
Price change: -2.24
Dividends collected: 0.5

Gain/Loss over 1015 days: -1.74 -11.84% Annualized Gain/Loss: -4.26%
At almost $14, there are better places to put new money.

Was this user's rating of 'UBNK' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful
Currently: 
 2 said yes (of 2 -- 100.00%)

back to top

-- WAKE --
WAKE Jun. 18 2003, 5:34 PM ET
Rating changed on
Feb. 2 2004, 10:56 AM ET
by G.Bailey (view profile) rating: Buy
WAKE performance:
Price near date of rating (06/18/2003): 17.00
Price near end of rating (02/02/2004): 24.75
Price change: +7.75
Dividends collected: 0.42

Gain/Loss over 229 days: +8.17 +48.06% Annualized Gain/Loss: +76.60%
I have liked this one for a long time. It is well run with great efficiency ratio and ROA. It is located in an attractive growing market near the technology center in NC. I consider it a "chicken tech" stock; because it and its market will prosper when tech prospers. I own it and many of my friends own it. I might buy more if I can find some money. The only negative I see is no dividend waiver by the stock still in the mutual. If I am missing some warts on this one, I would like to hear what those warts are.

Was this user's rating of 'WAKE' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful
Currently: 
 1 said yes (of 1 -- 100.00%)

back to top

WAKE Feb. 2 2004, 10:56 AM ET
Rating changed on
Apr. 19 2004, 6:24 PM ET
by G.Bailey (view profile) rating: Buy
WAKE performance:
Price near date of rating (02/02/2004): 24.75
Price near end of rating (04/19/2004): 24.00
Price change: -0.75
Dividends collected: 0.14

Gain/Loss over 76 days: -0.61 -2.46% Annualized Gain/Loss: -11.81%
I reiterate my buy rating. This is an mhc that actually has good ROA and is cheap. My previous comments were:
I have liked this one for a long time. It is well run with great efficiency ratio and ROA. It is located in an attractive growing market near the technology center in NC. I consider it a "chicken tech" stock; because it and its market will prosper when tech prospers. I own it and many of my friends own it. I might buy more if I can find some money. The only negative I see is no dividend waiver by the stock still in the mutual. If I am missing some warts on this one, I would like to hear what those warts are.

Was this user's rating of 'WAKE' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful
Currently: 
 1 said yes (of 1 -- 100.00%)

back to top

WAKE Apr. 19 2004, 6:24 PM ET
Rating closed on
May. 18 2005, 5:19 PM ET
by G.Bailey (view profile) rating: Hold
WAKE performance:
Price near date of rating (04/19/2004): 24.00
Price near end of rating (05/18/2005): 25.00
Price change: +1.00
Dividends collected: 0.58

Gain/Loss over 394 days: +1.58 +6.58% Annualized Gain/Loss: +6.10%
I am dropping this one to a hold based on concerns about how thrifts will hold up in a rising interest rate environment (whether or not the market reaction is rational). This one has such a good business that I would not sell but I plan to keep what I own and not pay attention to market fluctuation. It is just not the right time to put any money into it. Previously I stated:
I reiterate my buy rating. This is an mhc that actually has good ROA and is cheap. My previous comments were:
I have liked this one for a long time. It is well run with great efficiency ratio and ROA. It is located in an attractive growing market near the technology center in NC. I consider it a "chicken tech" stock; because it and its market will prosper when tech prospers. I own it and many of my friends own it. I might buy more if I can find some money. The only negative I see is no dividend waiver by the stock still in the mutual. If I am missing some warts on this one, I would like to hear what those warts are.

Was this user's rating of 'WAKE' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful
Currently: 
 1 said yes (of 1 -- 100.00%)

back to top

-- WAWL --
WAWL Jun. 26 2005, 6:52 PM ET
Rating changed on
Oct. 26 2006, 11:01 AM ET
by G.Bailey (view profile) rating: Strong Buy
WAWL performance:
Price near date of rating (06/27/2005): 10.20
Price near end of rating (10/26/2006): 13.74
Price change: +3.54
Dividends collected: 0.5

Gain/Loss over 487 days: +4.04 +39.61% Annualized Gain/Loss: +29.69%
For all of the reasons set forth in the other evaluations of wawl, wawl is cheap and a strong buy. I have been buying and plan to buy more. Some very smart people on this board like wawl at much higher prices. It is really cheap at a little over 10.

Was this user's rating of 'WAWL' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful
Currently: 
 1 said yes (of 1 -- 100.00%)

back to top

WAWL Oct. 26 2006, 11:01 AM ET
Rating changed on
May. 27 2007, 3:15 PM ET
by G.Bailey (view profile) rating: Hold
WAWL performance:
Price near date of rating (10/26/2006): 13.74
Price near end of rating (05/29/2007): 11.50
Price change: -2.24
Dividends collected: 0.175

Gain/Loss over 213 days: -2.07 -15.03% Annualized Gain/Loss: -25.76%
I loved it around $10 and kept buying up to $11.75. At close to $14 ask it is a hold. There is a large spread between bid and ask. If you can pick some up around the current bid of $12.75 it would be a buy but not a strong buy. It is so small and illiquid that you need to buy it really cheap and be committed to holding long term for it to work.

Was this user's rating of 'WAWL' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful
Currently: 
 1 said yes (of 1 -- 100.00%)

back to top

WAWL May. 27 2007, 3:15 PM ET by G.Bailey (view profile) rating: Buy
WAWL performance:
Price near date of rating (05/29/2007): 11.50
Recent price (04/03/2018): 3.95
Price change: -7.55
Dividends collected: 1.06

Gain/Loss over 5262 days: -6.49 -56.43% Annualized Gain/Loss: -3.91%
Based strictly on valuation, this is back in the buy category if you are a long term investor and do not need liquidity.

Was this user's rating of 'WAWL' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful
Currently: 
 1 said yes (of 1 -- 100.00%)

back to top

-- WM --
WM Dec. 19 2003, 12:33 PM ET
Rating changed on
Jan. 28 2004, 6:19 PM ET
by G.Bailey (view profile) rating: Buy
WM performance:
Price near date of rating (12/19/2003): 29.28
Price near end of rating (01/28/2004): 27.60

Gain/Loss over 40 days: -1.68 -5.74% Annualized Gain/Loss: -52.38%
Sabet and WestWFA have stated the case for this. It is a buy. I have bought some at $38 and $39.

Was this user's rating of 'WM' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful
Currently: 
 1 said yes (of 1 -- 100.00%)

back to top

WM Jan. 28 2004, 6:19 PM ET
Rating closed on
Feb. 18 2004, 12:28 PM ET
by G.Bailey (view profile) rating: Hold
WM performance:
Price near date of rating (01/28/2004): 27.60
Price near end of rating (02/18/2004): 29.32

Gain/Loss over 21 days: +1.72 +6.23% Annualized Gain/Loss: +108.28%
No longer cheap. It's a hold but a strong hold.

Was this user's rating of 'WM' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful
Currently: 
 1 said yes (of 1 -- 100.00%)

back to top




Nothing in BankInvestor.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by Bankinvestor.com. ©2021 info@bankinvestor.com About Us Contact Us How To Privacy Policy Terms Of Use
 image www.bankinvestor.com is the premier online investment club with a focus on and after-market bank investing opportunities. Site content powered in part by stock ticker and financial content provider, TickerTech.com. Be sure to look at our sister site for stock market message boards, trading tips and research, ValueForum.com.