Week Ended 11/24/17

The waiting game Presently, the 2CHYP portfolio is in a period of waiting.  We firmly believe that each of the holdings is trading well below intrinsic value.  If we do not believe this about a particular holding it would be swiftly replaced with a different stock...

Week Ended 11/17/17

Company News With earnings season finished this is normally a quiet time for REITs, but the news just keeps flowing in. Core Civic obtained a new contract with the Commonwealth of Kentucky Department of Corrections which is expected to generate incremental revenues of...

Week Ended 11/10/17

Trading and Process With each trade I try to give a synopsis of the rationale to keep subscribers in the loop as to why we do or do not own certain stocks.  For this week’s trades, the rationale is a bit more complicated than fits in a trade alert e-mail so I will...

Week Ended 11/3/17

Earnings Season Continues While I do not want to overly focus on CBL, I think it is likely to be on everyone’s mind given the price movement so I will start there. CBL dropped 26% today on a weak earnings report and dividend cut. We were unequivocally wrong on CBL.  I...