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Strategies & Market Trends : Value Investing

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To: Madharry who wrote (37977)5/21/2010 5:28:51 PM
From: Paul Senior  Read Replies (3) of 78462
 
Madharry, I'd like to add to my tracking position in GS if/when GS drops to stated book value. In "normal" times, which don't seem to exist anymore, when in the rare times I could buy a financial entity like GS at stated book value, that seemed to be the price where the insiders were getting their bonus shares priced, and a very good time for outsiders to buy.

GS: $140. now
GS: $133.92. 12-mo. low
GS: $128.33 Stated bv, per Yahoo.

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I have been adding to ATPG as it falls. Ouch!
Given my large position, if the stock drops a few more points, the thing holds the distinct possibility of being my bete noire.
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