Who is that maverick All Star?
April 11, 2008
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RELATED TICKERS: SPH
I was going through my old picks, ending some of the ones that I think are bad or mediocre (and was tempted to hold on for them to cross one of the accuracy thresholds); I was about to end Suburban Propane just because it was a long time ago, it's losing pretty badly, I don't know much about it and haven't thought about it in months. But something reminded me that it's a high-yielding stock, so I took another gander at its numbers. Geez, those numbers are amazing. High debt, but it's fueling a 60+% ROE, huge cash flow, a 7+% yield, and so on.
Of course I decided to keep it. I'm thinking about buying it in RL. But amidst all the bulls, I see one All Star sticking out his red thumb, sticking out like a red thumb (sorry, I couldn't help it). Who is this guy? I wish there were a way to find out who that is. Maybe it was an accident. But if he is serious, and he has a good reason, I would really like to know what it is. He didn't leave a pitch, so I may never know.
(Heavy, jowly sigh)