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Strategies & Market Trends : Value Investing

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To: Bridge Player who wrote (30935)	5/13/2008 4:56:49 PM
From: Paul Senior	Read Replies (2) of 78702

RDN. Yes, still holding RDN. I don't have easily available a total history of my experience with this one. I currently show that I have it in my taxable account, that I haven't made any sales in the past 90 days, that I have shares bought from 10/23/07 -10/25/07 @ $10.63-$13.99/sh,, and one small purchase 2/14/08 @ $7.08. My account shows it's my largest loser by dollar amount of all my many positions. (OUCH) Percentage-wise the loss is about 54%. (ouch) I'm not that worried about it (so far). Let Marty Whitman be worried. He likes the stock he says, and he owns the stock (I believe). It's his fund and his reputation that're on the block with this and others of similar trashed nature. I'm betting that he/his staff of balance-sheet analysts have looked at this thing in enough detail be comfortable with it. These NOL numbers and analyses are mind-numbing (well, to my mind). --- And regarding similar trashed: I recently mentioned I was buying a little [t]ABK[/t]. I am trying also again now with MBIA [t]MBI[/t] --- just for a very few shares. Another bet-along-with-Marty play. (And some other professional value investors too have been buyers. I hope they're all still confidently in.) news.moneycentral.msn.com y

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