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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (39946)11/8/2010 8:42:00 AM
From: Madharry  Read Replies (1) of 78659
 
I too am annoyed that mgmt wants to issue shares at below nav, makes me wonder if this isnt some cousin to a ponzi scheme. always seems like they are paying dividends out of the proceeds of the new shares that they issue. sold psec for that reason.

meanwhile back at the ranch-china ceraminc cccl reported 3rd Q earnings of .84, not bad for a stock selling at $9.50 or so. conference call at 9am but i will be not listening in since there is no Q & A afterword.
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