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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (29900)	1/29/2008 10:24:51 AM
From: Madharry	Read Replies (1) of 78742

you mentioned intrinsic value. so i thought that was your criteria- not historical prices. I chickened out and sold out of most of my abk this am after reviewing the data from pershing sq. I was concerned about the percentage of structure finance deals they had been doing recently and their poor judgement in potentially now destroying their core business. Perhaps a govt bailout will occur but I see no reason to bet on it. I was nervous about this since thursday, and just decided to bail. I dont know for sure that i was wrong about my initial take on it but i might very well be, and i still dont know that i buy in to the reason given for the ceo resignation. I still made good money on my initial position and kept a very small stub. plg.to hitting yet another high today $C 4.64 today. Its my way biggest position for me now, and Im trying not to sell any more shares, at least until I see what they find in Ghana.

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