Pete, about those stocks. I have MNY on my watch list. At current price, it's about $6/sh. too expensive for me though.
CDX, mentioned here several times over the past couple of years, looks only okay to me -- I continue to hold my position in it. It's been a boring stock. CDX may be one of those stocks that goes nowhere for years, then abruptly gets re-valued higher by the market. Mr. Whitman's CTO and ALCO seem to have been like that.
As regards PNX, I'm leaning more to his FBL which has a little longer history as public company, is profitable, and pays an increasing dividend. It's selling close to book value now, so that's a caution though, imo.
I looked at the others on that list, TYDAF and BNN, but they seem to be too complicated to have an appeal for me.
Paul Senior |
