Lucky Brand 30% Off Promo Code
Here is a coupon code for the holiday season for Lucky Brand…
Deal: 30% Off Entire Purchase
Promo Code: 9DECFF
Valid from Dec 3rd thru Dec 13th
If you would like to receive the latest posting from Finance Puzzle, please consider subscribing to the RSS Feed.
WVVI is a nice addition to my portfolio
During the last week, I have been able to open a new position in a stock that I have blogged about in the past. Over the past few years, I have become very familiar with the price action of the illiquid micro cap stock Williamette Valley Vineyard Inc. (WVVI).
As my cash balance has been increasing in my portfolio, I decided to invest a small amount in WVVI for a pre-defined 10% gain to $4.00 range. Although I will not be completing a full value analysis on this purchase, I feel very comforable that I will be able to capture a short term gain of 10% while beating out the S&P 500 index in the same time period. This conclusion is soley based on the recent Price to Sales ratio range that this stock has traded in the past.
Transaction Summary:
Purchased 222 shares at $3.60, for a cost basis of $810.15 including trading fees.
S&P 500 level at the time of purchase: 1,109.24
I have added this position in the Finance Puzzle portfolio.
Author disclosure: I am long shares of WVVI.
November Traffic reports new record, second month in a row
November 2009 represents the back to back month that Finance Puzzle has recorded a monthly traffic record for my blog. The month recorded the 2,565 views for the month (not counting my visits), which will now become the new watermark level for this site.
As always many thanks to my readers for being a part of this journey and also top 5 referring sites for the month….
Stock Market Investment Partner
Going for the turkey in bowling….help me get there..
EZPW Price Target at $16.91 with some upside
As I continue to hold EZPW in my portfolio with positive alpha, I want to set a price target for the stock to help me identify when the position should be closed. Using the value scorecard as a start, I use a discounted cash flow (DCF) analysis with sensitivity charts to help set my price target.
For EZPW, I have calculated a price target of $16.91 per share. Some of the major assumption to get to this price per share are a 5% free cash flow growth rate over the next five years with a 0% terminal value. The cash flows are discounted with a WACC of 7.7%
To see my full set of assumptions and resulting analysis, see the document below:
Looking at the sensitivity chart, these shares can easily get into the $20 per share with some slight increases on both growth rates…
As new financial results are provided, I will update my price target accordingly.
Author Disclosure: I currently own shares of EZPW at the time of this posting.
Support the Finance Puzzle blog this holiday season
As the holiday season quickly approaches and you plan your list of gifts, you can help the Finance Puzzle blog by utilizing my affiliate program with Amazon.
So for any of the online gift purchases that you have planned to buy from Amazon, I would appreciate any of my friends that enter into Amazon through this affiliate link. If you interested in learning how this helps, the blog will make approximately 4% of all of the revenue generated through the Finance Puzzle affiliate link. I know it doesn’t seem like much, but as you are well aware every little bit counts.
I want to thank all you for all of the support of this blog that you have provided so far and I continue to work towards improving this blog, feel free to provide any comments on what you would like to see going forward.
Author Disclosure: I currently do not own any shares of Amazon (AMZN).
Loose Change adds to my net worth
As stated in my most recent financial goal of hitting $5,000 by the end of the year, I was forecasting to convert my annual loose change into $200.
After going to the local Coinstar machine, I was able to convert my loose change into $264.36. I was able to avoid the coin counting fee by selecting from a list of merchants that would pick up that fee if you convert your change into a gift card at their shop, similar to an affiliate program.
Beating my forecast by over $64 was very much needed, and I will add the entire amount to my net worth.
Author Disclosure: At the time of posting, I do not own any shares of Coinstar (CSTR).
Text Link Ad Spot – only $10 until the end of the year
I am running a holiday event special for any one of my readers that is interested in advertising on Finance Puzzle. I am selling a text link ad for $10 that would be valid and visible until the end of the 2009 year (Dec 31st, 2009). I am selling only one spot, and it is first come first serve basis.
If you are interested, leave a comment or send an email to etstockideas at gmail.com
I reserve the right to approve the ad and payment must occur in advance. You can see the location of the text link ad will be with the other link ads on my site.
