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Strategies & Market Trends : Value Investing

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To: Spekulatius who wrote (27521)7/31/2007 1:34:49 PM
From: a128  Read Replies (2) of 78740
 
Im not ready to let go of my CBF.

The reasons I bought are still there.

$7 million worth of insider buying.
Below book value.
Good access to deal flow via CB Richard Ellis.
Healthly dividend.

I believe the insiders are probably prohibited from buying recently which made the downturn more dramatic than it otherwise would have been.

If & when they return to buying, and I expect they will, the stock should rebound.

The only reason Im not buying more is I have a large position in FSP as well as a number of high yielding ETFs that havent really held up as well as Id hoped in a weak market.

(Im fairly new to income investing, I was a more swing for the fences type, but I havent been finding those kinds of stocks in recent years and with my large cash position, perhaps I ventured into areas that Im not experienced with in search for something higher than a money market return)
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