SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Paul Senior who wrote (30863)5/7/2008 1:20:30 PM
From: Grommit  Read Replies (1) of 78627
 
ACAS-- I listened to the cc/slides. They are very comfortable with this year and next year's dividend. They took the hit and wrote everything down to mkt, because ratios dropped in this qtr, they claim. I am not so sure they shouldn't have taken some of the hit last qtr, but I think they really did write it all down. With that cloud lifted, and a better understanding of GAPP and "non-GAPP NAV" (my words), I can wait it out while the value of the shares appreciate to better levels. I agree that the company is a bitch to understand, but I have been studying it for years. I trust these clowns. :o)

The shares that I recently purchased in the $30 range will go into my long term pile. That pile was shares from 2002 and 2003 and under $20 average basis. But I still have some other shares from last year and this year (avg basis $35) to sell when they get above water.

americancapital.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News