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Non-Tech
Craig (CRG) - Vulture Pick
An SI Board Since February 1998
Posts SubjectMarks Bans Symbol
27 2 0 CRG
Emcee:  ccportfolio Type:  Unmoderated
Recently received an advertisement for a stock newsletter, THE VULTURE LETTER....which specializes in Bargain Basement stocks....while trying to avoid the road kill that won't back bounce any further than a dead cat....

One of the sample picks listed in the literature was CRAIG (CRG)...which it had listed on the NYSE though I found it also on the Midwest Exchange.

Here is the blurb...

CRAIG. (NYSE: CRG) If you're a bookworm, you've read about companies like this in Graham and Dodd's "Security Analysis", written in the 30's. Back then, you could actually buy a stock for less than the cash on its balance sheet.
Well, Crank up your Model A for a trip back in time. This theatre stock (also owns control in 120+supermarkets, etc) has almost no debt, yet it's a virtual treasure trove of big assets, most of them hidden away in places like Australia and Puerto Rico. They own theater chains in the U.S. and all over... It sells around 19.00 (currently at around 11.00) Cash on hand comes to about $15/share, with virtually no debt...

Hmmmm..... Anyone else out here follow Craig or "The Vulture Letter" edited by bottom picker, Kevin Pilot....?
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ReplyMessage PreviewFromRecsPosted
27 yahoo response to your question says it all. Andrew-5/4/1999
26 trading near cash/share as no one follows this empire (see rdge and cdl) and mgAndrew-5/4/1999
25 Lau: I'm not in either, but found the net-net aspect appealing. I like the Bob Rudd-5/4/1999
24 Bob - I confess that I have no position in CRG or RDGE at this time. Andrew is LauA-5/3/1999
23 Andrew: Back in Jan you had written <<I think very highly of this teamBob Rudd-5/3/1999
22 LauA: Have you continued to follow this....any further comments?Bob Rudd-5/3/1999
21 Andrew: Just stumbled across this. Any clue why it's trading below cash perBob Rudd-5/3/1999
20 recent check into angelika houston has it doing much better. The area is now fAndrew-1/14/1999
19 Andrew, thanks for your reply. LauA-1/13/1999
18 I was at annual mtg for crg, rdge and cdl held in LA last month as well as thoAndrew-1/11/1999
17 Andrew - you now appear to be the only buyer for CRG. I've tried like crazyLauA-1/10/1999
16 Lawndale increases its 13-D position in Craig Corp. In a filing with the SEC Andrew-1/5/1999
15 Reading to acquire 22 NYC screens and 3 live 'off-broadway' theaters fAndrew-12/10/1998
14 Craig Corp (CRG) buys another 7% of Citadel (A-CDL)! Craig Corp (N-CRG) boughtAndrew-4/23/1998
13 Craig Corp (N-CRG) 10-K is now available on edgar; try freeedgar.comAndrew-4/16/1998
12 Andrew: When? I'm supposed to remember the date or go digging back throughPaul Senior-3/24/1998
11 terribly underpriced- see barron's interview 3/2/98 and also enlightening dAndrew-3/23/1998
10 Craig Corp class A common Preference still near $11/share and its economically Andrew-3/23/1998
9 Vulture Letter received unsolicited by many of my friends last week of FebruaryAndrew-3/23/1998
8 When and in what context was Craig corp (CRG) written up in Barron's year aAndrew-3/23/1998
7 I have followed and owned Craig (CRG) for years, (in particular the Craig Corp Andrew-3/23/1998
6 I agree..... Craig was up again this morning.... but I haven't followed thccportfolio-3/3/1998
5 I know, but it makes you want to check out the other vulture picks! Was it coinSG-3/2/1998
4 I had put in a buy order at 11.00...but seem to have flown past that... Think ccportfolio-3/2/1998
3 I got same letter. Oddly enuf, CRG is zooming up as we speak. Did that many peoSG-3/1/1998
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