For nearly a week the scandal at Hewlett-Packard(HPQ) has dominated the headlines. Each day has brought progressively worse news. What began as news that George Keyworth had been identified as the source of a leak and would not stand reelection, quickly escalated with the revelation that investigators hired by board Chairwoman Patricia Dunn had obtained information about directors… Read More »

George at Fat Pitch Financials has begun a blog carnival called Festival Of Stocks. The first edition is currently up and our post on Consolidated Tomoka has been selected as Editor’s Choice. There is much other worthwhile reading featured, and all are encouraged to visit.

Rob Zenilman has a recent post on SeekingAlpha on warehouse club membership fees. Though the post is titled “Are Warehouse Stores Too Dependant On Membership Fee Income?” this post merely shows that this is the case, but doesn’t suggest any conclusion. I would maintain that not only is this desirable, it is an integral part of the business… Read More »

After years with a stagnant stock price Consolidated Tomoka (CTO) has gone from 10 to over 60(with a brief stop above 90) in the last 6 years. Despite this, its share price is still well supported by the value of its assets. Consolidated Tomoka began as a timber company and was perhaps Florida’s largest landowner with over 2… Read More »