{"id":5118,"date":"2009-10-15T09:42:06","date_gmt":"2009-10-15T13:42:06","guid":{"rendered":"http:\/\/www.thedisciplinedinvestor.com\/blog\/?p=5118"},"modified":"2016-09-20T05:05:38","modified_gmt":"2016-09-20T09:05:38","slug":"should-gabelli-be-allowed-to-pump-a-stock-on-cnbc","status":"publish","type":"post","link":"https:\/\/thedisciplinedinvestor.com\/blog\/2009\/10\/15\/should-gabelli-be-allowed-to-pump-a-stock-on-cnbc\/","title":{"rendered":"Should Gabelli Be Allowed to Pump A Stock On CNBC?"},"content":{"rendered":"<p>Last week, Mario Gabelli (who I have a great deal of respect for as I am sure you do as well) talked about a micro-cap company he holds in some of his portfolios.<\/p>\n<p>The stock &#8211; Hawk Corporation (HWK) has a market cap of $131 million and annual revenues of $269 million. The stock is thinly traded with an average of 26,000 shares traded <!--more-->daily.<\/p>\n<p>Gabelli&#8217;s company owns 15% of the total company at the time of this conversation. Needless to say, after his comments on this video, the stock POPPED<\/p>\n<p style=\"text-align: center;\"><object width=\"400\" height=\"380\" data=\"http:\/\/plus.cnbc.com\/rssvideosearch\/action\/player\/id\/1288063078\/code\/cnbcplayershare\" type=\"application\/x-shockwave-flash\"><param name=\"id\" value=\"cnbcplayer\" \/><param name=\"type\" value=\"application\/x-shockwave-flash\" \/><param name=\"allowfullscreen\" value=\"true\" \/><param name=\"allowscriptaccess\" value=\"always\" \/><param name=\"quality\" value=\"best\" \/><param name=\"scale\" value=\"noscale\" \/><param name=\"wmode\" value=\"transparent\" \/><param name=\"bgcolor\" value=\"#000000\" \/><param name=\"salign\" value=\"lt\" \/><param name=\"src\" value=\"http:\/\/plus.cnbc.com\/rssvideosearch\/action\/player\/id\/1288063078\/code\/cnbcplayershare\" \/><param name=\"name\" value=\"cnbcplayer\" \/><\/object><\/p>\n<p style=\"text-align: center;\">\n<p style=\"text-align: center;\"><a href=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2009\/10\/hawk_gabelli-1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-5119\" title=\"hawk_gabelli\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2009\/10\/hawk_gabelli-1.jpg\" alt=\"hawk_gabelli\" width=\"484\" height=\"302\" \/><\/a><\/p>\n<p>According to CNBC:<\/p>\n<p>Gabelli owns 15 percent of the company, which sells replacement parts for friction material. He predicts demand will pick up over the next three to four years.<\/p>\n<p>&#8220;Will that stock double in the next five years? The answer is yes, and somebody will want to own<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last week, Mario Gabelli (who I have a great deal of respect for as I am sure you do as well) talked about a micro-cap company he holds in some of his portfolios. The stock &#8211; Hawk Corporation (HWK) has a market cap of $131 million and annual revenues of $269 million. The stock is [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[12],"tags":[483,13,490,197],"class_list":["post-5118","post","type-post","status-publish","format-standard","hentry","category-markets","tag-markets","tag-rants","tag-stocks","tag-video","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"acf":[],"_links":{"self":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/5118","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/comments?post=5118"}],"version-history":[{"count":0,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/5118\/revisions"}],"wp:attachment":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/media?parent=5118"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/categories?post=5118"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/tags?post=5118"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}