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Strategies & Market Trends : Value Investing
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To: Michael Burry who wrote (7658)7/4/1999 11:10:00 AM
From: Steve168  Read Replies (1) of 78774
 
A classic value investing example. SFLX went below cash/share. The theory is if it went below cash, it is a buy. I did exactly that. Picked up 6000 shares around 3.25, then 4000 at 2 11/16.
That happened 1.5 months ago. They announced in merger talks and SFLX is 5 1/2 now, it traded at 6 on the news.

Anyone know any stock below book and close to cash value per share now?

Thanks, Steve


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