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Strategies & Market Trends : Value Investing

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To: SI Bob who wrote (32377)5/19/2009 8:28:14 PM
From: EL KABONG!!!  Read Replies (2) of 78748
 
I've got a question.

Some time ago it appeared that everyone was buying ACAS for the extraordinary dividend yield, and the relative "safety" of the underlying investment(s). Hindsight being 20/20 and all that rot, ACAS "collapsed" along with nearly every other high yield stock.

Flash forward to now, and ACAS is showing up on my stock filters as the #1 value stock (by a wide margin, and by numerous "measures" of value). There's a boatload of problems remaining to be resolved, to be sure, but I'm curious. Does anyone else here see ACAS as a "work in progress" value stock (probably as a long term investment, not a short term trade). At $3 and change per share, I might think about breaking the piggy bank and buying some "just in case" shares, not a "bet the farm" position.

Any comments or advice or suggestions?

Thanks...

EK!!!
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