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Strategies & Market Trends : Value Investing

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To: SI Bob who wrote (27490)10/16/2007 11:37:09 AM
From: E_K_S  Read Replies (1) of 78741
 
New 52wk low ($8.30) on WPL (WP Stewart & Co. Ltd.) on 1/3 lower volume from previous low ($9.50) on 08/07/06. VAN DEN BERG MANAGEMENT INC, DBA CENTURY MANAGEMENT continues to hold 27% of shares. Stock maybe searching for a bottom. Be careful as the stock is thinly traded and from time to time (in the last several months) a large buyer appears that moves the stock over 15% in minutes.

I am a holder with a starter position at around $10.00 and am watching for another lower entry point to add a few more shares.

It looks like perhaps the selling has been over done and the price at current levels will be an all time low.

finance.yahoo.com^gspc;charttype=line;crosshair=on;logscale=on;source=undefined

EKS
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