Carrols Restaurant Group, Inc. (TAST) – Buy

Once again, I added more to my position in Carrols Restaurant Group, Inc. (TAST) today at $10.79/share taking advantage of the continued price drop.

I more than doubled the amount of shares owned in Carrols with this buy. Carrol’s is now my 3rd largest holding.

I think at this level, it’s a great opportunity.

Carrols Restaurant Group, Inc. (TAST) – Buy

I added more to my position in Carrols Restaurant Group, Inc. (TAST) today at $10.94/share taking advantage of the continued pullback. Largest franchiser of Burger King restaurants. Adds efficiency to operations it acquires. Growing sales through acquisitions and comparable store sales. Increasing book value. However, short term profitability taking a hit due to increased labor, beef and promotions costs.

Here’s some comments from Motley Fool regarding Carrol’s.

I think at this level, it’s a great opportunity.

Community Bancorp (CMTV) – Buy

I initiated a new position today in Community Bancorp (CMTV) at $18.00.

Share price is off it’s high. Solid local bank with continued growth/ acquisition potential. Low P/B. 3.78% dividend yield.

I was a shareholder in Merchants Bancshares Inc which was recently acquired by Community Bank System. I was automatically sold out of a portion of my position due to the merger. Since the shares of Community Bank System seems more fairly valued I looked for similar smaller banks in Vermont that dominate a region and found Community Bancorp. They seem similar sized to Merchants when I first got involved, growing steadily, pay a decent dividend and seem to be bargain compared to other comparable banks.

I plan to add more to this position over time especially if the price should drop.