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Strategies & Market Trends : Value Investing
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To: roto who wrote (54223)8/2/2014 3:36:28 PM
From: Paul Senior   of 78745
 
Homex: I sold 7/13 and took substantial losses when I came to believe the company would go bankrupt. I believe I don't have enough knowledge about the company's new structure or prospects to wager anything more than a tiny bet on its prospects, and that it's not worth it (to me) to make even such a small bet.

I'll leave that company and stock to you guys who understand the situation and risk better than I do. Perhaps you can repeat your success with it. I'm afraid I'll only repeat my failure. Anyway, GLTY.
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