Value Vision Media Stock

filed in My Investments on Jun.19, 2009

I probably will not have time to write later so I thought I would point this stock out right now before I head out the door.

Value Vision (VVTV) was a stock I talked about near the end of March. Here is a link to when I bought the stock. And there is discussion on when I told you all to buy it before I actually got in myself.

My entry price about 2 months ago was $0.66/share for 3500 shares. Today, its $1.64/share which means I’m up 158% in profit so far! Was that hard? Nope. In retrospect I should have got into a larger position but being up this much is nice. Its more than what the average person makes in a month and my work was about 5 minutes.

I kept meaning to touch on this stock but it was not until today when I got a email from a reader who is in for almost 10,000 shares at around the same price asked me if its worth holding on. In my opinion, the stock does up upside momentum and a positive sign is the insider buying that is still taking place by the executives of the company. Sell a small position to cover the initial investment and perhaps skim a little profit at the same time and ride the rest if your looking for further income. In terms of my holding, I will wait until it is at $2 before I look to take anything off the table.

Happy Investing!

Aman, MBA

RSS feed | Trackback URI

9 comments

Fat Piggy Bank said:
June 19th, 2009 on 1:52 pm
Thanks for the advice Aman.

I purchased into $VVTV a short time after you got in for 5000 shares at .75 and was in a panic when it dipped to 0.5 a few weeks back. I’m glad you told me to hold and now have some nice vacation money to take the family out this summer. I do not have the slightest clue how you mange to find the time to do all the things you set out, but appreciate it.

FPB

[Reply]
Aman@BullsBattleBears Reply:
June 20th, 2009 at 9:38 am
that is a nice gain you got

[Reply]

Crazy Oldie said:
June 19th, 2009 on 6:48 pm
this was one company I would not have known about until you pointed it out. Got in at $0.77 and out $1.45 and $1.61 for a total of 11K shares. Not a bad income thanks to you buddy…check your email so I can send a little something as a token of thanks.
.-= Crazy Oldie´s last blog ..Embarressed of your family? =-.

[Reply]
Aman@BullsBattleBears Reply:
June 20th, 2009 at 9:40 am
glad to hear you made some money. Thanks is more than enough CO just doing this to help!

[Reply]

Stock Traders Blog said:
June 20th, 2009 on 5:35 am
Hi Aman. How come I can’t find that ticker on yahoo. What make you buy this stock the first place?
.-= Stock Traders Blog´s last blog ..Earn Better Than CD Rates by Selling Put Options =-.

[Reply]
Aman@BullsBattleBears Reply:
June 20th, 2009 at 9:54 am
Hi,
It trades on the NASDAQ and here is the link: Click Me

I got into the stock after watching is fall. It has so many streams from which it sells to the consumer directly and their main source was Home Shopping Channels 24/7. When the economy started to fall, many felt this company was going to go the same way, but the company had more than enough cash on hand to survive and when it was in the $0.40 range, there was a rumble of a potential buyout on the stock, especially when its formula to make money was better than many other retailers. With the cash on hand, I believe that if they did some how liquidate, they cash would workout to equal $1.85/share. This is still above the current share price (although the run up has been strong and a small pull back could come)

I mean think about it, you have to PAY for gas, insurance, to drive to a store, or you can sit at home and order the same items on TV. This could still work in a weaker economy in my opinion. And once the markets started to rally, this stock started to move upwards. As it did, there was many times, and I mean many, where execs from the company were buying large personal lots of shares at these deep discounted prices. When they are buying, there is reason to pay attention. So after noticing a few large buys, I started to get ready to get into the stock and was ready to ride the elevator up.

Also, there is risk on this stock, especially when ShopNBC (Value Visions Store) is nowhere near Home Shopping Networks sales figures, but, in my opinoin, VVTV has already been beaten up by the hedge people and bad news may not sink the stock as much as good news would raise the stock…just look at the past charts to see the analogy

[Reply]

Johnny Roof said:
June 20th, 2009 on 4:03 pm
Sorry I missed this one but I hope you are ready for a subscriber who is going to come up with a dumb question from time to time. Because I have never bought a single stock in my life so for me:

Building a house = easy
Building a portfolio = Ummm, Uhh, What?

But I can’t wait to learn.
.-= Johnny Roof´s last blog ..Simple Ways to Make Your Project Go Well =-.

[Reply]
Aman@BullsBattleBears Reply:
June 24th, 2009 at 7:20 pm
sounds good! Check out the past Sunday articles to get a feel of the water before you jump in. Just like when you first starting building houses, its going to seem a little intimidating but I know you will get the hang of it and start pulling some nice side income!

[Reply]

Benjamin Cip said:
June 28th, 2009 on 4:49 pm
Hi Aman! You know, when I read your posts, it really make me want to get into this business, but I don’t have enought money to invest yet. I have some life expense, and I guess I need a lot of money to start this kind of work, right? You seem very good at it, and I will certainly read your ebook as soon as you publish it on your blog, so that I can get started!
.-= Benjamin Cip´s last blog ..Are You Violating The FTC Rules? =-.

[Reply]