NonSports Forum

Net54baseball.com
Welcome to Net54baseball.com. These forums are devoted to both Pre- and Post- war baseball cards and vintage memorabilia, as well as other sports. There is a separate section for Buying, Selling and Trading - the B/S/T area!! If you write anything concerning a person or company your full name needs to be in your post or obtainable from it. . Contact the moderator at leon@net54baseball.com should you have any questions or concerns. When you click on links to eBay on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network. Enjoy!
Net54baseball.com
Net54baseball.com
T206s on eBay
Babe Ruth Cards on eBay
t206 Ty Cobb on eBay
Ty Cobb Cards on eBay
Lou Gehrig Cards on eBay
Baseball T201-T217 on eBay
Baseball E90-E107 on eBay
T205 Cards on eBay
Baseball Postcards on eBay
Goudey Cards on eBay
Baseball Memorabilia on eBay
Baseball Exhibit Cards on eBay
Baseball Strip Cards on eBay
Baseball Baking Cards on eBay
Sporting News Cards on eBay
Play Ball Cards on eBay
Joe DiMaggio Cards on eBay
Mickey Mantle Cards on eBay
Bowman 1951-1955 on eBay
Football Cards on eBay

Go Back   Net54baseball.com Forums > Net54baseball Postwar Sportscard Forums > WaterCooler Talk- Off Topics

Reply
 
Thread Tools Display Modes
  #1  
Old 02-05-2017, 09:47 PM
ullmandds's Avatar
ullmandds ullmandds is offline
pete ullman
Member
 
Join Date: Apr 2009
Location: saint paul, mn
Posts: 11,237
Default Does anyone invest in/follow CLCT stock?

I was just reading another thread comparing the virtues of the various grading companies and it caused me to look at PSA/Collectors Universe stock...probably for the first time in years. And this is what I saw...this week positive earnings cause 20%+ jump in their stock this week.

I follow the markets on a daily basis and I'm surprised I've never checked this out???? Does anyone invest in CLCT these days????
Attached Images
File Type: jpg Screen Shot 2017-02-05 at 10.44.30 PM.jpg (19.4 KB, 304 views)
Reply With Quote
  #2  
Old 02-06-2017, 07:07 AM
KMayUSA6060's Avatar
KMayUSA6060 KMayUSA6060 is offline
Kyle May
Member
 
Join Date: Jul 2016
Location: Northeast Ohio
Posts: 1,895
Default

I don't invest in it, but it's interesting that it's approaching it's all-time high. I wonder what the reason for the increase is? I also wonder what the ceiling is?
__________________
Need a spreadsheet to help track your set, player run, or collection? Check out Sheets4Collectors on Etsy.
https://www.etsy.com/shop/Sheets4Collectors

- Hall of Famers
Progress: 318/340 (93.53%)

- Grover Hartley PC
Needs: T207 Anonymous Factory 25 Back, 1914 New York Evening Sun Supplements, 1917 D328 Weil Baking Co., and (possibly) 1917 Merchant's Bakery

- Jim Thome PC

- Cleveland Indians Franchise Hall of Fame
Reply With Quote
  #3  
Old 02-06-2017, 08:46 AM
ullmandds's Avatar
ullmandds ullmandds is offline
pete ullman
Member
 
Join Date: Apr 2009
Location: saint paul, mn
Posts: 11,237
Default

apparently last quarter earnings were very good partly due to a deal with china for grading some of their coins...weird stuff!!!! I don't think I would go near it at this price.
Reply With Quote
  #4  
Old 02-06-2017, 09:20 AM
pawpawdiv9's Avatar
pawpawdiv9 pawpawdiv9 is offline
Chr!$ M!ll!c@n
Member
 
Join Date: Oct 2012
Location: GA
Posts: 2,707
Default

I dabble some in stocks. Made a few bucks here and there. Never ever thought about looking at them.
__________________
LOOKING TO BUY:
1916-20 UNC Big Heads
Need List:
Ping Bodie, Sam Rice
Reply With Quote
  #5  
Old 02-06-2017, 10:07 AM
EldoEsq's Avatar
EldoEsq EldoEsq is offline
D@vid L@dd
Member
 
Join Date: Nov 2014
Location: NY
Posts: 241
Default

I have a small amount that I got when it was about 15...good dividend earner, might be time to unload though!
Reply With Quote
  #6  
Old 02-06-2017, 10:26 AM
Griffins Griffins is offline
Anthøny N. ex
Member
 
Join Date: Apr 2009
Location: Los Angeles
Posts: 1,282
Default

I've got a bit, as David said, it's a good dividend. And performance overall isn't bad.
Reply With Quote
  #7  
Old 02-06-2017, 10:31 AM
ullmandds's Avatar
ullmandds ullmandds is offline
pete ullman
Member
 
Join Date: Apr 2009
Location: saint paul, mn
Posts: 11,237
Default

i think i read somewhere the CEO recently dumped 1/3 of their holdings.
Reply With Quote
  #8  
Old 02-06-2017, 02:05 PM
PM770's Avatar
PM770 PM770 is offline
Pa.ul Mat.is.ak
Member
 
Join Date: Jul 2013
Location: Ohio
Posts: 267
Default

Quote:
Originally Posted by ullmandds View Post
i think i read somewhere the CEO recently dumped 1/3 of their holdings.
If that is true, I'd dump 100% of my holdings.
Reply With Quote
  #9  
Old 02-11-2017, 09:31 PM
Head928 Head928 is offline
James Head
Member
 
Join Date: Oct 2015
Location: Boulder, CO
Posts: 735
Default

I dont see any large sell-off by any of of the inside holder or at least not reported on Yahoo.

I was looking at the stock at around $10 but didn't pull the trigger. (as further proof that I should leave the stock market to the professionals).

Good profit margins and no debt.
Reply With Quote
  #10  
Old 04-06-2017, 02:05 PM
ullmandds's Avatar
ullmandds ullmandds is offline
pete ullman
Member
 
Join Date: Apr 2009
Location: saint paul, mn
Posts: 11,237
Default

Big movement today!!!
Attached Images
File Type: jpg Screen Shot 2017-04-06 at 3.04.07 PM.jpg (20.7 KB, 158 views)
Reply With Quote
  #11  
Old 04-06-2017, 07:00 PM
Griffins Griffins is offline
Anthøny N. ex
Member
 
Join Date: Apr 2009
Location: Los Angeles
Posts: 1,282
Default

The article in IBD certainly helped.
Reply With Quote
  #12  
Old 02-08-2018, 07:55 AM
ullmandds's Avatar
ullmandds ullmandds is offline
pete ullman
Member
 
Join Date: Apr 2009
Location: saint paul, mn
Posts: 11,237
Default

DOAT!!!!!

https://finance.yahoo.com/quote/CLCT?p=CLCT
Reply With Quote
  #13  
Old 02-08-2018, 09:00 AM
Leon's Avatar
Leon Leon is offline
Leon
peasant/forum owner
 
Join Date: Mar 2009
Location: near Dallas
Posts: 34,196
Default

Quote:
Originally Posted by ullmandds View Post
Yikes...that is a major hit so far...
__________________
Leon Luckey
Reply With Quote
  #14  
Old 02-08-2018, 09:46 AM
frankbmd's Avatar
frankbmd frankbmd is offline
Fr@nk Burke++
Member
 
Join Date: Nov 2011
Location: Between the 1st tee and the 19th hole
Posts: 7,231
Default Loss explained

Their stock certificates (remember those ?) are now made of cardboard instead of precious metal and the rumor on the street is that many of the new ones have been trimmed.
__________________
FRANK:BUR:KETT - RAUCOUS SPORTS CARD FORUM MEMBER AND MONSTER NUMBER FATHER.

GOOD FOR THE HOBBY AND THE FORUM WITH A VAULT IN AN UNDISCLOSED LOCATION FILLED WITH NON-FUNGIBLES


274/1000 Monster Number


Nearly*1000* successful B/S/T transactions completed in 2012-24.
Over 680 sales with satisfied Board members served.
If you want fries with your order, just speak up.
Thank you all.



Now nearly PQ.
Reply With Quote
  #15  
Old 02-08-2018, 09:58 AM
ullmandds's Avatar
ullmandds ullmandds is offline
pete ullman
Member
 
Join Date: Apr 2009
Location: saint paul, mn
Posts: 11,237
Default

Quote:
Originally Posted by frankbmd View Post
Their stock certificates (remember those ?) are now made of cardboard instead of precious metal and the rumor on the street is that many of the new ones have been trimmed.
ar ar ar ar ar!!!!!
Reply With Quote
  #16  
Old 02-08-2018, 08:52 PM
silvor silvor is offline
Member
 
Join Date: Aug 2017
Posts: 159
Default Cut their dividend in half

They cut their dividend in half, so with the drop in price with yield is now ~4%

https://finance.yahoo.com/news/colle...210300173.html

Update on Dividend Policy
The Board of Directors approved a dividend of $0.175 per share for the third quarter of fiscal 2018 for an expected annual dividend of $0.70 per share. This represented a reduction from the quarterly dividend of $0.35 per share that we have previously paid to our stockholders and would increase available cash to fund our operations and the growth of our businesses by approximately $6.0 million annually. The third quarter dividend will be paid on February 23, 2018 to stockholders of record on February 13, 2018.
Reply With Quote
  #17  
Old 02-11-2018, 01:31 AM
Stampsfan's Avatar
Stampsfan Stampsfan is offline
Bob Davies
Member
 
Join Date: Jul 2015
Location: Calgary, Alberta, Canada
Posts: 1,118
Default

Quote:
Originally Posted by frankbmd View Post
Their stock certificates (remember those ?) are now made of cardboard instead of precious metal and the rumor on the street is that many of the new ones have been trimmed.
Frank, your takes typically elicit a smile and a chuckle from me. Thank you.


Quote:
Originally Posted by silvor View Post
They cut their dividend in half, so with the drop in price with yield is now ~4%
That's never a good sign.No wonder one of the Exec's dumped a bunch of his holdings (as referenced in another post).Not too sure you're legally allowed to do that.
__________________
Successful transactions on Net54 with balltrash, greenmonster66; Peter_Spaeth; robw1959; Stetson_1883; boxcar18; Blackie
Reply With Quote
Reply



Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
INVEST IN BASEBALL 100k Finders Fee Promotion Leon Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions 0 10-03-2016 08:04 AM
A Special thanks to Sean at Invest in Baseball pokerplyr80 Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions 25 05-30-2016 09:23 AM
My experience with investinbaseball, a Net54 Advertiser Republicaninmass Watercooler Talk- ALL sports talk 70 02-18-2016 10:14 PM
CLCT Financial Results Archive Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions 0 10-02-2008 12:21 PM
Invest in Stocks or Cards Archive Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions 54 01-13-2008 01:59 PM


All times are GMT -6. The time now is 08:28 AM.


ebay GSB