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Strategies & Market Trends : Value Investing

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To: E_K_S who wrote (40466)12/8/2010 10:18:27 AM
From: Bordeauxman  Read Replies (2) of 78590
 
GST
I thought I'd buy GST this AM at 4.35 at the open but the beneficent market gave me a better deal, 4.16. However, that same market now thinks that GST is worth still less, 4.04 as of the moment. Sigh.
Maybe I should have used 4.75 the price just before the recent runup, as a reasonable value in my simple calculation. Still, that gives 4.60 as an equivalent value post sale.
Maybe I have to go back over why I bought GST to begin with. Is there more to the story that has yet to come out? Maybe Spek is right about GST being not a good value. It's tricky evaluating the properties they have.
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