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Strategies & Market Trends : Value Investing

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To: Madharry who wrote (39325)9/27/2010 10:12:06 AM
From: MCsweet  Read Replies (1) of 78752
 
GFRE,

Buyback is a great idea for this one. Management seems to be doing all the right things. Side note: IMO it is important that they actually buyback stock, though, not just use this as a PR stunt.

I am selling a little here to take some profit and reduce my risk. The position was giving me indigestion on the big volatility (and the fact this is not one of my high-confidence stocks, so not prepared to continually double down), so I think it prudent to pare it down a little on good news. That being said, if I didn't own some I would have a been a buyer on the open. It is a potential game changer.

MC
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