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Strategies & Market Trends : Value Investing

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To: Spekulatius who wrote (41682)3/10/2011 9:07:41 AM
From: Madharry  Read Replies (1) of 78753
 
I dont know what the general market is but I dont like bank stocks one bit. read an article about how major banks are buying thousands of tax liens and then extorting home owners to pay various added on fees or risk foreclosure. Looks like the makings of more bad pr and class action suits. the offenders incude Bank of America and JP Morgan.

finally discovered that investor hub has a pretty good thread on GFRE for those who are interested. learned that there is a 15% holder of gfre stock that is in court to avoid the lock-up provisions in their deal. on the plus side the latest salt purchase from the chinese govt had never been explored for bromine before and under the terms of sale gfre is required to look for bromine there. the demand for bromine in china is likely to continue as bromine is required in coal plants for which demand is growing in china. should be an interesting decade for this company.
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