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Strategies & Market Trends : Value Investing

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To: E_K_S who wrote (40473)12/8/2010 2:32:13 PM
From: Paul Senior  Read Replies (2) of 78599
 
GST/AZZEF I added to my few GST shares today at a bit above the offering price. I'm not enamored of gas plays, even though GST says they are, or will try be, a low cost producer. So a very small holding here for me. It would be nice if some of their land holdings would enable them to frac for oil, although I don't know whether that's possible.

Meanwhile, AZZEF is down from my purchase price with no adverse news that I see. I'll add to my position. At least for this one the numbers easily pencil out to make it an attractive buy for me. Easily doesn't mean correctly though of course: I hope I've got all the right numbers and have used them correctly in making my conclusion...and then I have to hope that the stock doesn't turn out to be a value trap.

finance.yahoo.com
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