Thanks for the list, anializer. With these doggies, I'm in agreement with Madharry - I don't want to be in a rush to buy leveraged mediocre (or worse) companies. I've put your screen through my screen -- I'm going to ignore most anything that's not near its 12-mo low, that has high/debt equity, and that does not have appropriate (by my formula) returns given its stock price. Some of the stocks on the list I'm already suffering with (TNE, NM, OLP, more).
I've found a new one that meets my criteria, and I've placed a small order at a little lower than current price. If it fills, I'll post it.
One I might consider further is MOSY. Barron's this week reports the CEO bought 200K at $1.80-1.85. Yahoo shows a couple of other recent insider buys too. According to my read of Yahoo numbers, cash+cash equivalents + short term investments = $1.77/sh, with no debt. The stock closed at $2.10 on Friday. Company hasn't been profitable in past few years, and doesn't expect to show profits for '08 (maybe '09 too). Still...if I could get a few shares at cash value, I might consider a very small gamble. |
