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	<title>JoeCit: Intelligent Investing</title>
	<link>http://joecit.com</link>
	<description>Thoughts and advice on successful investing</description>
	<pubDate>Wed, 07 May 2008 16:40:19 +0000</pubDate>
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		<title>Monarch Services, Inc. (MAHI.PK)</title>
		<link>http://feeds.feedburner.com/~r/Joecitcom/~3/284685185/</link>
		<comments>http://joecit.com/2008/05/06/monarch-services-inc-mahipk/#comments</comments>
		<pubDate>Tue, 06 May 2008 14:37:07 +0000</pubDate>
		<dc:creator>Joe</dc:creator>
		
	<dc:subject>General</dc:subject>
		<guid isPermaLink="false">http://joecit.com/2008/05/06/monarch-services-inc-mahipk/</guid>
		<description><![CDATA[Well, it&#8217;s certainly been a while since my last blurb, so it is my hope, first, to formally let readers know that I have intentionally decided to cease posting indefinitely after this post for a variety of reasons, not least of which have to do with compliance constraints as they relate to my forthcoming employment. [...]]]></description>
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		<feedburner:origLink>http://joecit.com/2008/05/06/monarch-services-inc-mahipk/</feedburner:origLink></item>
		<item>
		<title>Liquidating Dividend on the (Computer) Horizon (CHRZ.PK)</title>
		<link>http://feeds.feedburner.com/~r/Joecitcom/~3/164774756/</link>
		<comments>http://joecit.com/2007/10/03/liquidating-dividend-on-the-computer-horizon-chrzpk-2/#comments</comments>
		<pubDate>Wed, 03 Oct 2007 16:35:48 +0000</pubDate>
		<dc:creator>Joe</dc:creator>
		
	<dc:subject>Special Situations</dc:subject>
		<guid isPermaLink="false">http://joecit.com/2007/10/03/liquidating-dividend-on-the-computer-horizon-chrzpk-2/</guid>
		<description><![CDATA[Computer Horizons (CHRZ.PK) distributed an initial liquidating dividend of $4 in March, and expects to make another one between $0.68-$0.82 before closing shop permanently. Shares are at $0.525 right now. This is a rough guess at best, but I estimate it should take no longer than a year to make the last of dividend payments, [...]]]></description>
		<wfw:commentRss>http://joecit.com/2007/10/03/liquidating-dividend-on-the-computer-horizon-chrzpk-2/feed/</wfw:commentRss>
		<feedburner:origLink>http://joecit.com/2007/10/03/liquidating-dividend-on-the-computer-horizon-chrzpk-2/</feedburner:origLink></item>
		<item>
		<title>LENS Getting Cheaper for No Reason</title>
		<link>http://feeds.feedburner.com/~r/Joecitcom/~3/141817299/</link>
		<comments>http://joecit.com/2007/08/07/lens-getting-cheaper-for-no-reason/#comments</comments>
		<pubDate>Wed, 08 Aug 2007 01:52:42 +0000</pubDate>
		<dc:creator>Joe</dc:creator>
		
	<dc:subject>General</dc:subject>
		<guid isPermaLink="false">http://joecit.com/2007/08/07/lens-getting-cheaper-for-no-reason/</guid>
		<description><![CDATA[Concord Camera (LENS) has sold off dramatically in the past few weeks on no news and relatively unextraordinary volume. The company still represents my largest holding, and I&#8217;m preparing to double down and load up more on the heels of this unjustified further mispricing. In short, I find the shares to be highly undervalued, and [...]]]></description>
		<wfw:commentRss>http://joecit.com/2007/08/07/lens-getting-cheaper-for-no-reason/feed/</wfw:commentRss>
		<feedburner:origLink>http://joecit.com/2007/08/07/lens-getting-cheaper-for-no-reason/</feedburner:origLink></item>
		<item>
		<title>Atlantic Coast Entertainment Holdings</title>
		<link>http://feeds.feedburner.com/~r/Joecitcom/~3/134410672/</link>
		<comments>http://joecit.com/2007/07/16/atlantic-coast-entertainment-holdings/#comments</comments>
		<pubDate>Tue, 17 Jul 2007 02:01:37 +0000</pubDate>
		<dc:creator>Joe</dc:creator>
		
	<dc:subject>Micro-cap Values</dc:subject>
		<guid isPermaLink="false">http://joecit.com/2007/07/16/atlantic-coast-entertainment-holdings/</guid>
		<description><![CDATA[
ACEH (a bulletin board stock), ceased operations and sold its operating subsidiary and Sands Casino in Atlantic City back in late 2006. The cash proceeds from the deal amount to some $21/share, around the current book value of the company. This cash remains in an escrow account accruing interest and should be released as unrestricted [...]]]></description>
		<wfw:commentRss>http://joecit.com/2007/07/16/atlantic-coast-entertainment-holdings/feed/</wfw:commentRss>
		<feedburner:origLink>http://joecit.com/2007/07/16/atlantic-coast-entertainment-holdings/</feedburner:origLink></item>
		<item>
		<title>Trading the Homebuilders Profitably</title>
		<link>http://feeds.feedburner.com/~r/Joecitcom/~3/133203528/</link>
		<comments>http://joecit.com/2007/07/12/trading-the-homebuilders-profitably/#comments</comments>
		<pubDate>Fri, 13 Jul 2007 02:25:29 +0000</pubDate>
		<dc:creator>Joe</dc:creator>
		
	<dc:subject>General</dc:subject>
		<guid isPermaLink="false">http://joecit.com/2007/07/12/trading-the-homebuilders-profitably/</guid>
		<description><![CDATA[
Fair warning: I&#8217;m still working on the research here, but I&#8217;ve come up with an idea on profiting from the homebuilders&#8217; continued weakness and overselling.
It&#8217;s fairly simple: buy the builders trading below book value (Beazer, CHCI, etc, etc) and short an appropriate amount (i.e. buy puts on) of the Case-Shiller housing price index.
The thesis is [...]]]></description>
		<wfw:commentRss>http://joecit.com/2007/07/12/trading-the-homebuilders-profitably/feed/</wfw:commentRss>
		<feedburner:origLink>http://joecit.com/2007/07/12/trading-the-homebuilders-profitably/</feedburner:origLink></item>
		<item>
		<title>Nathan’s Famous: Hot Diggity Dog.</title>
		<link>http://feeds.feedburner.com/~r/Joecitcom/~3/131432484/</link>
		<comments>http://joecit.com/2007/07/07/nathans-famous-hot-diggity-dog/#comments</comments>
		<pubDate>Sat, 07 Jul 2007 15:58:16 +0000</pubDate>
		<dc:creator>Joe</dc:creator>
		
	<dc:subject>Micro-cap Values</dc:subject>
		<guid isPermaLink="false">http://joecit.com/2007/07/07/nathans-famous-hot-diggity-dog/</guid>
		<description><![CDATA[
I checked out the small (but famous) hot dog maker, Nathan&#8217;s (NATH), a few weeks back and liked what I saw going into the company&#8217;s annual hot dog eating contest. Yes, the shares have spiked following earnings and on some excitement leading up to the contest, but I still think the shares represent a compelling [...]]]></description>
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		<item>
		<title>Wikinvest: The New Way to Research Investments</title>
		<link>http://feeds.feedburner.com/~r/Joecitcom/~3/129934742/</link>
		<comments>http://joecit.com/2007/07/02/wikinvest-the-new-way-to-research-investments/#comments</comments>
		<pubDate>Tue, 03 Jul 2007 02:29:56 +0000</pubDate>
		<dc:creator>Joe</dc:creator>
		
	<dc:subject>General</dc:subject>
		<guid isPermaLink="false">http://joecit.com/2007/07/02/wikinvest-the-new-way-to-research-investments/</guid>
		<description><![CDATA[Okay, I just wrote about iPhone hype, but I can&#8217;t help do a little hyping myself. I don&#8217;t mean to be the pot calling the kettle black, but I&#8217;ve got to share something I think is going to be really, really big one day.
Ready?
You suurreee?!
Check this out: www.wikinvest.com
It&#8217;s a new, simple, and innovative way for [...]]]></description>
		<wfw:commentRss>http://joecit.com/2007/07/02/wikinvest-the-new-way-to-research-investments/feed/</wfw:commentRss>
		<feedburner:origLink>http://joecit.com/2007/07/02/wikinvest-the-new-way-to-research-investments/</feedburner:origLink></item>
		<item>
		<title>Apple iPhone Hype - But how ’bout the long term?</title>
		<link>http://feeds.feedburner.com/~r/Joecitcom/~3/129911239/</link>
		<comments>http://joecit.com/2007/07/02/apple-iphone-hype-but-how-bout-the-long-term/#comments</comments>
		<pubDate>Tue, 03 Jul 2007 00:40:39 +0000</pubDate>
		<dc:creator>Joe</dc:creator>
		
	<dc:subject>Advice</dc:subject>
	<dc:subject>For Fun</dc:subject>
		<guid isPermaLink="false">http://joecit.com/2007/07/02/apple-iphone-hype-but-how-bout-the-long-term/</guid>
		<description><![CDATA[
Hype is by definition a short-term phenomenon. And Apple&#8217;s iPhone has epitomized it.
Of course hype, short-term results, and pumped up demand for product often blind market participants to long-term business ramifications and actual shareholder value creation. But on the other hand, world-changing innovations which started as hypes and were derided as fads have gone on [...]]]></description>
		<wfw:commentRss>http://joecit.com/2007/07/02/apple-iphone-hype-but-how-bout-the-long-term/feed/</wfw:commentRss>
		<feedburner:origLink>http://joecit.com/2007/07/02/apple-iphone-hype-but-how-bout-the-long-term/</feedburner:origLink></item>
		<item>
		<title>Citigroup, Lampert et al.</title>
		<link>http://feeds.feedburner.com/~r/Joecitcom/~3/129890835/</link>
		<comments>http://joecit.com/2007/07/02/citigroup-lampert-et-al/#comments</comments>
		<pubDate>Mon, 02 Jul 2007 23:06:03 +0000</pubDate>
		<dc:creator>Joe</dc:creator>
		
	<dc:subject>Large-Cap Values</dc:subject>
		<guid isPermaLink="false">http://joecit.com/2007/07/02/citigroup-lampert-et-al/</guid>
		<description><![CDATA[
I just scooped up some Citigroup shares. I&#8217;ll be honest: I didn&#8217;t dig ultra deep into any filings yet, as I figured the thesis may no longer be applicable by the time I finished reading the massive tome that is a Citigroup annual report. My reasoning was simple &#8212; the sprawling firm has some premier [...]]]></description>
		<wfw:commentRss>http://joecit.com/2007/07/02/citigroup-lampert-et-al/feed/</wfw:commentRss>
		<feedburner:origLink>http://joecit.com/2007/07/02/citigroup-lampert-et-al/</feedburner:origLink></item>
		<item>
		<title>FreightCar America (RAIL) still temptingly cheap</title>
		<link>http://feeds.feedburner.com/~r/Joecitcom/~3/129272986/</link>
		<comments>http://joecit.com/2007/06/30/freightcar-america-rail-still-temptingly-cheap/#comments</comments>
		<pubDate>Sat, 30 Jun 2007 16:15:26 +0000</pubDate>
		<dc:creator>Joe</dc:creator>
		
	<dc:subject>Small Cap Values</dc:subject>
		<guid isPermaLink="false">http://joecit.com/2007/06/30/freightcar-america-rail-still-temptingly-cheap/</guid>
		<description><![CDATA[
I&#8217;m still doing some work trying to understand the railcar and coal industries, motivated largely by my feeling that RAIL represents a great opportunity. With 80% North American market share in the coal car manufacturing and with the substantial majority of the company&#8217;s business tied up in delivering to this market&#8217;s participants, it&#8217;s clearly an [...]]]></description>
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