Hi Paul,
I recently took a position in MT at $5.00. It's a good turn around story, trading at well below book, and currently gaining some momentum. www.valueinvestorsclub.com has a good write up on it. I've been following it for some time, waiting for a pull back, but once it became clear it wasn't going to pull back, I had to pull the trigger. It's up already 100% since last years lows. 3 years out, things look very good. The Bass family has placed new mgmt to fix things; bankrupcy seems a thing of the past, the rise above $5.00 brings new buyers into range, good insider buying. There's still plenty of room to move for this one.
Also have CAT, picked up during last summers discussion led by James Clarke and others - up well over 50% at the moment ( in at $34.5 ). Not sure what kind of target price to set for this one. At the moment I see it as a play on power generation ( IT/California in particular ), which has been growing close to 30% a year for them. That's probably not going to stop any time soon. Any ideas, comments, or suggestions?
ALLC could be ready for a pop with their recent dividend increase and move to the NYSE.
Currently fretting about AREM.... Probably not necessary, but that's my nature. Give me those sleepy value stocks like USG...LOL!
Just my late night ramblings....
Good investing! |
