The big news yesterday (other than the Trump thing and our big win in Wisconsin) was that CHRA, suggested here last week at $3, is being delisted from the New York Stock Exhange. It will henceforth be listed in the Pink Sheets under the same symbol.
I bought more.
Closing at $1.55, and with 3.37 million shares outstanding, the whole company was valued at $5 million. Which is deceptive, because it also has $135 million in debt coming due in three years. But less than a year ago the stock was as high as $50, and I like to think they may right the ship. “With over 30 years of experience, Charah Solutions is a leading provider of mission-critical environmental services and byproduct recycling to the power generation industry.”
Only with money you can truly afford to lose!
APE, suggested here four months ago at $1.05, jumping to $2.56 a few weeks later (where I like to think you may have sold half), closed yesterday at $1.68, up 20 cents on news that the convergence of AMC and APE shares is moving forward. AMC fell 23% to $3.93, but still sold at a ridiculous premium to its twin. (Imagine two identical ham sandwiches with lettuce and mustard. If one is $1.68, why would the other be $3.93?)
I’m likely going to hold on until the two literally become one, at which point AMC will trade simply on the basis of what the market thinks the business is worth. I have no idea what that will be in the short term, let alone the long term.
Standard valuation is based on assets-less-liabilities and on future earning power. Might AMC command a “glamour” premium — the way sports teams do (the Dallas Cowboys alone are reportedly worth $5.7 billion) — just because it could be kind of cool to say you own the world’s largest theater chain and get a shout out at the Oscars?
I don’t know.
Only with money you can truly afford to lose!
You know how walking, healthy eating, low stress, and plenty of sleep are good for almost . . . anything? That’s not voodoo or quack science, it’s just true.
Well, it seems that doing BrainHQ exercises — even if the company has yet to find a way to make them as much fun as crossword puzzles (which have no proven positive effects on your health) — also helps with almost everything. From reduced likelihood of developing dementia (the big one!) to fewer falls and broken hips, fewer and less severe auto accidents, relieved tinnitus, PTSD, depression, and more. Here’s a summary of 70 studies from last year alone.
As long-time readers know, I own a tiny sliver of this company, so when you sign up for free daily exercises, I smile; and when you upgrade to a paid subscription for full access, I go wild.
Younger readers: the perfect gift for Mother’s Day or Father’s Day. Plan ahead!
Editors Note: This article was originally published on April 5th, 2023 on andrewtobias.com, syndicated with permission.
Image and article originally from www.savingadvice.com. Read the original article here.