Toy

[abk33139]

One of the first stocks I bought when I started dabbling in the market last fall was Toys-R-Us. I didn't (and still don't but am starting to learn) know anything about charts and analyzing stocks, but I read an article that most people don't know that most of the land that Toys 'R Us stores are built on is owned by the company so they have a huge real estate portfolio. I figured the holidays were coming up, so I bought a few shares. I'm happy to say that I sold them today for a profit. I bought at $18.65 and sold today at $21.32. Just under Mr. Market's 15%, but I wanted to free up some cash and decided to sell today.

Of course, everything else that I'm holding right now is in the red, but I expect that to turn around.

Thanks,
Alison

[New-born baby]

Congrats!

Ali,

Congrats to you for beating the Walmart giant! All the talk is that Toy is going to be steam rolled by Wally--Toy can't compete. Glad you got in and out without pain.

[abk33139]

Yeah, I read all that stuff over the holidays and was worried. But, I figured that even if they did go under, their real estate holdings would mean that I wouldn't hurt that bad. I could have been wrong and it was probably just beginners luck (like with SIRI). I'm just glad I got out with a profit.

[billyjoe]

abk33139,
Your thinking makes complete sense to me, but almost the exact situation happened with the old k-mart. Their stock became worthless, but they didn't have to liquidate real estate holdings which were worth hundreds of millions. This was used to build the value of the new k-mart and entice Sears into a merger. The original stockholders on whose backs the extensive real estate was funded got nothing and it was all legal.
billyjoe

[df21084]

abk33139,
Your thinking makes complete sense to me, but almost the exact situation happened with the old k-mart. Their stock became worthless, but they didn't have to liquidate real estate holdings which were worth hundreds of millions. This was used to build the value of the new k-mart and entice Sears into a merger. The original stockholders on whose backs the extensive real estate was funded got nothing and it was all legal.
billyjoe

Ditto what billyjoe says. Be very careful. Personally, I wouldn't touch any toy company. I can't think of one that actually makes any money.

Study K-mart's situation. I'm certain it is required reading for all TOY execs.

[New-born baby]

Don't touch

DFXXXXX

I don't touch the greatest money losers of all time:







AIRLINE STOCKS

Warren Buffet says that the first dollar is yet to be made in the airline industry.

[Runner]

I’ll admit I traded TOY before last year for a nice little profit. In fact looking at the chart right now this stock has been performing better than most.

[df21084]

DFXXXXX

I don't touch the greatest money losers of all time:







AIRLINE STOCKS

Warren Buffet says that the first dollar is yet to be made in the airline industry.

How true. Every time I look up in the sky and see a jet aircraft, I wonder how they could afford to even get the thing off the ground.

[jiesen]

DFXXXXX

I don't touch the greatest money losers of all time:







AIRLINE STOCKS

Warren Buffet says that the first dollar is yet to be made in the airline industry.

yeah, well he seems to be doing alright with NetJets though.

[df21084]

yeah, well he seems to be doing alright with NetJets though.

There's a world of difference between NetJets and scheduled airline travel. Corporate leasing and time-sharing of business jets is very profitable.

(I wish I had a jet.)

[New-born baby]

Get it straight

yeah, well he seems to be doing alright with NetJets though.

Jiesen,

It's "GILLETTE", not 'NetJets' that's really making him the money.

[CabrioM3]

As a parent I quit going to Toyswesuck because the customer service was non existent! Even with a receipt you got no respect. One time I cancelled a credit card transaction and kept the merchandise and they never new it, I even told the manager that I would be forced to do so if they don't let me exchange the product!

Tar jay at least honors original receipts! So I saw toyswesuck in trouble long ago as a consumer!

A joke in my family is that even with a receipt toyswesuck gives you "Jeffrey Dahmer" dollars instead of a refund!!


John

[Runner]

I’ll admit I traded TOY before last year for a nice little profit. In fact looking at the chart right now this stock has been performing better than most.

What the TOY is going on here?? lolololoo

[Runner]