Comments on: Noble Roman’s Earnings Fall by 54%

By: Goode Value Investing Blog » Noble Roman’s Sued by Franchisees

Goode Value Investing Blog » Noble Roman’s Sued by Franchisees — Tue, 08 Jul 2008 14:09:42 +0000

[...] I argued that Noble Roman’s expansion strategy was doomed to failure back on December 2, 2007 when the stock was priced at $2.48. I later criticized management for blaming franchisees for their failures. More recently, I mocked the company’s effort to hire an investment bank to sell itself, calling the company overvalued at $1.50 per share. The stock currently trades at $1.00. Most recently, I reported on the company’s 54% decrease in earnings. [...]

By: bk

bk — Mon, 19 May 2008 12:06:09 +0000

yeah, i agree on selling puts, premiums are not that big for most deep value stocks that i see.

even though hd is cheap, i’ll probably trim a little in my parent’s account.

one of my profs at columbia was joel greenblatt – the guy who wrote the magic formula book. he was a great guy – but his approach had some difficulty last year. wondering what you think of the magic formula and whether it has any potential?

thanks much in advance.

By: michael

michael — Mon, 19 May 2008 02:46:16 +0000

MSFT is too hard for me. The question for investors in them is whether Windows and MSFT Office will continue to dominate. I have my doubts … OpenOffice.org is pretty darned good, and Linux continues to make strides towards greater usability. That being said, there are a lot of people who know more about this field than I do.

As to my thoughts on HD, if my pessimistic outlook on housing is correct, then it would be a bad time to buy. OTOH, it does look cheap from a valuation standpoint.

Selling puts is not something novices should do. The risk-reward profile is not favorable (good chance of a small profit and a small chance of a huge loss).

By: bk

bk — Sun, 18 May 2008 14:41:20 +0000

oh wait, here’s another stock my parents keep arguing with me about and i’m wondering what you think. i think home depot has limited upside and they think home depot is the bargain of the century! wondering what you think of hd?

By: bk

bk — Sun, 18 May 2008 14:39:30 +0000

hi mike-

one thing that seems to be cool about ib is that you can buy international stocks and of course cheaper commissions. i don’t know if it’s easy to value this stock, but wondering what you think of microsoft? it looks like einhorn is betting big on this stock according to the worldbeta blog.

also, i was thinking about the market wizards book and ahmet okumus selling puts as a method of entry versus straight out buying. you think this strategy is worth it for solid value stocks perhaps?

thanks much in advance for your thoughts.

By: michael

michael — Sat, 17 May 2008 16:31:21 +0000

They probably represent a good value. I REALLY do not like the Investools seminars, though, so I would not invest in the company for that reason.

I have been satisfied with TOS as a broker (although I still prefer Interactive Brokers).

By: Mark Perkins

Mark Perkins — Sat, 17 May 2008 06:12:12 +0000

Have you looked at Investools (SWIM) here after this panic sell-off. I looked at the brokerage segment Think or Swim and off of conservative sales TOS is worth about $6-$8 a share not even including Investools. I was on your link to covestor it said you had a Think or Swim account. I don’t know how good they are but if they are this could be a deal here around $8.