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Strategies & Market Trends : Value Investing

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To: Jurgis Bekepuris who wrote (30655)4/15/2008 12:55:22 AM
From: Spekulatius  Read Replies (3) of 78666
 
OXPS -
OXPS - Looks good, but... I remember 2001-2002 downturn. Brokerages and related firms suffered a lot then.

Brokerages then were wildly overvalued to begin with and the dot.com mania created a generation of day trades, which went out of business in Y2001.

Todays valuation for OXPS, TRAD and others are by no means demanding and I do not think that we were in exuberant territory in 2007 nor do I think we will be seeing an extended bear market which indeed could cause a decline in trading volumes. Both are solidly financed and prime takeover targets once the market get's on more solid footing.

So far they are small bet's for me and as i mentioned before TRAD is a very good trading stock <g>.
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