Value Investing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Michael Burry who started this subject	9/16/2004 3:26:32 PM
From: MCsweet	of 78690

FAME, Similar to WNMLA this one is delisting (also reverse splitting) to save $$$. However, FAME pays a dividend and will buy back 1/2 the float in the three years following after delisting. So management seems shareholder friendly, and I am buying at these levels given the apparently cheap valuation --- book value and PE. Not all delisted stocks are bad investments as Paul has so aptly demonstrated with MHCO, but you have to be careful. MC

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next