"There Are No Bad Assets Just Bad Prices." Exploiting Market Anomalies with Neglected Data
Not sure if you saw it earlier, but ARKR declared a special $1 dividend today and reinstated its regular 0.25 quarterly dividend today. Stock got a nice little pop up to $18 or so in after hours trading. CEO of the company seems to be a great steward of the company. I guess owning 25% or so is a good incentive, but there are many in the same boat who only want to line their own pockets. Nice call, John!
Thanks jimmymac!i never gave up hope on management or the eventual movement of the stock. the ceo's prior track record of doing the right thing was well documentedBack in january i wrote the following; http://seekingalpha.com/article/116472-ark-restaurants-corp-an-enviable-economic-moatJohn
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