<p>Why would an investor buy this company given these stats?</p>
<p>That short ratio of 13.3 would make it interesting for a trader
but there are much better values out there.</p>
<p>I suggested the stocks SJT, PGH, PVX and HGT about 15 months ago in
the politics forum. These all had very high dividend yields back then.
These have all returned nice capital gains and dividend income. PVX’
yield last year was around 10% I believe.</p>
<p>If you want to be a momentum trader, then you would use a different
set of tools than an investor would use.</p>
<p>Back to your question.
20$ a nice time out, no problem.
$150 - college student- I would ask, how often that happens? Could be a slippery slope.
$1000- I would say this is highly suspicious,and my experience with "gamblers’ is that they don’t disclose how much they really lost, so it easliy could be more.
Was this person on vacation, and that’s their “play” fun time, ie an adults version of Disney world trip. </p>
<p>Hope that your daughter continues to “lose”- and, from what you wrote about your daughter “She loves to shop,” ------a person who loves “things” will hate to lose, because they equate that with what they could have bought. (I’m speaking from experience here)</p>
<p>And, as someone who lives near Atlantic City, your daughter can be around the “gamblers” without being sucked in. Perhaps she is viewing first hand the dangers of gambling.</p>
<p>Sports mama- regarding the $1000.
For a young professional earning $50, 000 that amount may not be an issue.
For an hourly worker, struggling to pay their rent, car, student loans, that’s an issue. </p>
<p>I think it’s good that you are asking, because addiction to gambling is a real thing, and it ruins lives!!!</p>
<p>Thanks, SouthJerseyChessMom. I was hoping to get more opinions than just two. </p>
<p>As you said, I don’t think my daughter would spend too much on gambling because she loves shopping. I have heard and read about lives being ruined because of gambling–and it has to start somewhere. I think there may be a problem here.</p>
<p>Oh, and yes, it was a vacation to Atlantic City. I still think that’s a lot of money to lose. My daughter considers it the equivalent of her dad spending money on a golf vacation–although it takes a lot longer to play golf than it does to lose $1000 at the casino!</p>
<p>I think $1000 is quite a lot for a college student to lose by gambling unless they are a multimillionaire. </p>
<p>I like shopping too, but I wouldn’t buy a pair of shoes for $1000, and I wouldn’t spend this type of money on gambling. If it was an every week thing, even for less money, I would think twice about it. Was it just a one time thing or could it become a problem? It can become a problem, and I have known compulsive gamblers. Some people like to bet on horses, others sports, others casinos, but they all can be a problem. I have been to casinos (not too frequently), and personally, I always set a limit before I go in - whether it is $20 or a bit more, and I stick to it. If I lose it fast - I leave fast. If it lasts longer, then it lasts longer. I have been to casinos mostly in vacation spots, and mostly when I was a lot younger - I haven’t been in years. Some people can not control what happens to them - it is actually designed so that the slot machines try to be addicting. The odds at all casinos favor the house, so even though you can win, for the most part you won’t. There usually are no windows so people don’t even know what time of day or night it is. People with a problem may feel that just one more play (and one more and more) and they will win big, so they keep doing it. I personally don’t care for casinos and in some places the people are quite obnoxious if you don’t play just how they would do it (blackjack), so I can live without it for entertainment.</p>
<p>I enjoy betting colleeg football games when I’m in Vegas. It’s hard to beat the spread but betting 10 games @$100 each generally leads to small net wins or losses. But it sure makes watching the games in the sports book fun. All of a sudden Indiana vs Illinois can be very interesting. I think $1000 if fine if you are working. Too much for most students.</p>
<p>I would be highly suspicious of someone her age losing that much money gambling.</p>
<p>Gambling addiction among our young adults is on the rise. Sadly, I don’t think it is often recognized early. Of course, the one gambling is never going to recognize that there is a problem and until they do there is nothing anyone can do.</p>
<p>I have a friend whose son is addicted. He started playing poker in high school, and he usually won. Once he reached the legal age for casinos in our state (18) he went full steam ahead.</p>
<p>He flunked out of college after one semester. He’s now 25, has no degree, and routinely goes to the casino on payday to donate his wages. If you asked him today if it was a problem, he would say no. However, it has had a detrimental impact on those around him, which makes it a problem.</p>
<p>Your responses have told me that it’s not just me thinking that losing $1000 is a potential problem. I think I might suggest to my daughter that she not go on any more casino trips, not because it’s a problem for her, but because it might be a problem for her friend. Why encourage/support this behavior?</p>
<p>Sounds like your daughter did the same thing. When someone loses $20 at a casino, it’s usually because that is the amount of money they decided to play with. Your d. probably took $20 out of her purse to play until she ran out, figuring that it was an appropriate amount to spend on a little entertainment. (Heck, I’ve seen kids spend more than that on arcade games, where there’s no chance of winning anything except more game time). </p>
<p>In fact, I think it would be tough to lose that amount UNLESS that was the mindset coming in – anyone who was at all serious about gambling would be tempted to stay in the game to win the money back until they had lost enough money for it to hurt. For a colleges student that might not be much, but it probably would be more than $20. The transportation to/from the casino probably cost more than that. </p>
<p>I’d agree that your d’s friend’s loss is a concern… but don’t really see where it is your concern. Has your daughter asked for your help with this? (That is, is she the one who is wondering whether she should confront the friend?)</p>
<p>“I’d agree that your d’s friend’s loss is a concern… but don’t really see where it is your concern. Has your daughter asked for your help with this?”</p>
<p>No, it is not my concern, but I thought I might mention it to her in casual conversation. As I said previously, I wasn’t sure whether or not losing $1000 was something that was a big deal. From the replies I got on here, it is. She obviously doesn’t realize it either, or she wouldn’t have gone to the casino last month. Friends don’t encourage friends to do things that are potentially harmful. Maybe it was a one time vacation splurge–who knows–but why not just do something else? That’s all I’m saying.</p>
<p>I agree that losing $1K gambling over a weekend is a huge deal for most of the college students I knew back in the day and today. That is about the entire spending money for my kids per semester! If it were my kid, I’d probably find a way to mention it as well, as it’s tough watching friends of your kids fall down a steep slope like a potential gambling addiction while you say nothing.</p>
<p>I am about as conservative as one can get, but I love, love, love Las Vegas, and I love to gamble. I don’t smoke and I think I’m the only one there who doesn’t drink (a drunk and his money are soon parted), but I save all year so I can blow it on vacation. It is not unusual for me to lose $1000 in 4 or 5 days, but I only go once a year. Gambling is not legal in my state, but there are casinos on all of our borders. I seldom go to them–even though I love to gamble, I save it for Vegas when I feel like I’ve gone somewhere. $1000 is a lot of money for me, and I cannot imagine a college student losing that much. Was it her own money or money that she won and “reinvested?”</p>
<p>Keep in mind that teens and young adults are more susceptible to becoming addicted than are those of a more mature age. A young person gambling catches my attention much more than someone older because I know they are more likely to become addicted.</p>
Thanks.</p>