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Strategies & Market Trends : Value Investing

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To: MCsweet who wrote (36473)1/20/2010 11:25:19 AM
From: MCsweet  Read Replies (3) of 78753
 
GOV,

Probably, no one cares, but I think any easy money to be made from playing the GOV offering has been made. Thus, I have taken off trading positions on the stock.

I am typically a much longer term investor, but if I see tradable market patterns to exploit, I will step in.

By the way, I think it is very unlikely that management did an offering that will dilute earnings. They won't stay in management very long if they do things like that. That is, unless they are trying to keep the company solvent, which doesn't seem to be an issue here.

That being said, I am agnostic on the stock here on out. I haven't been studying it closely enough to have a valuable opinion.

MC
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