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Strategies & Market Trends : Value Investing

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To: ANDY DUMAS who wrote (18598)1/31/2004 1:08:18 PM
From: Spekulatius  Read Replies (2) of 78519
 
Bought a starter position in TRGL, sold CHAR.OB & BMRN
Took advantage of a spike in CHAR a few days ago and sold my few shares. TRGL is a tip from Guy/Crossy with a better risk/reward ratio. The latest deal to sell mineral rights for 45M$ (equivalent to TRGL's market cap) let's me believe that the company is undervalued.n I may add more if the stock falls to the low 4 range.

BMRN: no new other than I want to reduce risk even further with my portfolio. I believe that the market and specifically the small caps have started a correction.

Still holding APC long BPT short. APC's reserves are undervalued and BPT's are overvalued, IMO. I am also looking for some hedged long/short positions with NG royalty trusts.
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