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Golden Rules

1. Never lose money 2. Never forget rule #1

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Golden Rules | goldenrulevalue.blogspot.com Reviews
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1. Never lose money 2. Never forget rule #1
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8 risks to thesis
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Golden Rules | goldenrulevalue.blogspot.com Reviews

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1. Never lose money 2. Never forget rule #1

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1

Golden Rules: September 2010

http://goldenrulevalue.blogspot.com/2010_09_01_archive.html

1 Never lose money 2. Never forget rule #1. Friday, September 17, 2010. OPEN: Update On Daily Deals. Since I published this piece originally on Friday afternoon to my Blog. I'll leave the conversations of valuation to another forum (expensive for my blood given the recent run up), but keep in mind that if they can earn $5.4MM gross revenue on 7 cities, what happens when that is 25 cities or 50 cities? Disclosure: Small Long position in TZOO, no position in OPEN. Posted by Long Value. As I have been watch...

2

Golden Rules: October 2010

http://goldenrulevalue.blogspot.com/2010_10_01_archive.html

1 Never lose money 2. Never forget rule #1. Monday, October 25, 2010. Dialog Semiconductor: The AAPL derivative you've probably never heard of. DLG has grown revenues at a 56% CAGR over the past 2 1/2 years and EPS has grown even faster. However, Dialog trades at only 25x. Current earnings and 14x. The Company has an interesting competitive moat in that it utilizes mixed-signal technology (meaning the chip can run both digital and analog functions), for which there are a very limited number of researcher...

3

Golden Rules: Travelzoo: Still Looking Good For The Future

http://goldenrulevalue.blogspot.com/2011/01/travelzoo-still-looking-good-for-future.html

1 Never lose money 2. Never forget rule #1. Wednesday, January 26, 2011. Travelzoo: Still Looking Good For The Future. The Company’s main source of revenue is ad sales in North America and Europe via their websites as well as their e-mail newsletters. This past summer, they began to capitalize on the daily group buying phenomena by creating ‘Local Deals’, a service that runs short term Groupon-style deals with big discounts on local restaurants, attractions and services. Oct – 35,346 Deals. A good way fo...

4

Golden Rules: November 2010

http://goldenrulevalue.blogspot.com/2010_11_01_archive.html

1 Never lose money 2. Never forget rule #1. Friday, November 5, 2010. HAWK: Strategic Alternatives Update. This past Tuesday (11/2) after market hours, Seahawk Drilling announced "[it[ has initiated a process to explore and consider possible strategic alternatives for enhancing shareholder value. These alternatives could include, but are not limited to, transactions involving a sale of assets, a recapitalization, or a sale or merger of Seahawk" ( Full release here. 2 Early Lifting of Deepwater Moratorium...

5

Golden Rules: Molycorp: Overpriced on Rare Earth Excitement

http://goldenrulevalue.blogspot.com/2010/10/molycorp-overpriced-on-rare-earth.html

1 Never lose money 2. Never forget rule #1. Tuesday, October 5, 2010. Molycorp: Overpriced on Rare Earth Excitement. Molycorp, Inc. is a company based just south of Denver, CO engaged in the exploration of production of Rare Earth Oxides ("REO"). For the purposes of this article, I will assume you either know what REO(s) are or if not, see here. For a fulsome explanation by the Company. The Company went public in late July in a broken IPO. Disclosure: Author is short MCP. Posted by Long Value. Subscribe ...

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1 Never lose money 2. Never forget rule #1. Wednesday, January 26, 2011. Travelzoo: Still Looking Good For The Future. The Company’s main source of revenue is ad sales in North America and Europe via their websites as well as their e-mail newsletters. This past summer, they began to capitalize on the daily group buying phenomena by creating ‘Local Deals’, a service that runs short term Groupon-style deals with big discounts on local restaurants, attractions and services. Oct – 35,346 Deals. A good way fo...

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