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Strategies & Market Trends : Value Investing

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To: Michael Burry who started this subject11/27/2002 5:24:25 PM
From: Paul Senior  Read Replies (1) of 78659
 
Well, with the market up so strong lately, it's to be expected that the hottest threads on SI would be technical and trading--- people looking to jump in NOW for profits NOW.

I've added money to stocks that don't seem to have anyone's interest or attention and that are in areas that are dull now. I've been adding to my small position in insurance company NWLIA; I started a speculative position in Dale Baker's pick of ACGL; I added a bit to my shares of HUM.

I am figuring I will be holding on to CSG for quite a while; I added to my very small position there, and ditto for my small position in COST.

17 of 22 analysts following CC have a hold or sell rating on it. I still see some opportunity in CC at current price. I started a small position today. They have cash to undertake their proposed store remodeling program. The stock sells under book value with no long term debt. (But that's per Yahoo, and I haven't yet checked long term lease obligations.)

finance.yahoo.com
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