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Strategies & Market Trends : Value Investing

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To: James Clarke who wrote (29234)12/12/2007 11:20:07 PM
From: Grommit  Read Replies (1) of 78825
 
Names. Good idea about posting favorites.

You are right about KONA not looking cheap at first glance. The trouble is that all stocks get nowadays is a glance. I looked, and I don't see your attraction. But I am a lazy investor.

I did not listen to the cc. But looked around their website, glanced at the financial stmts, read their optimistic outlook and saw that they were "very pleased" with their financial results of 3 cents a share. Huh? (And the only reason I went that far was because you posted.)

This stock is ugly. What will attract others to buy this stock and when will it happen? And insiders don't seem to be overly thrilled about the company stock. I respect your analysis but don't see it here. :o(

biz.yahoo.com
biz.yahoo.com

Since even great looking stocks get nailed in a down market, to own a stock that is ugly at first glance is asking for trouble.

I'll post my idea in a bit...
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