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Strategies & Market Trends : Value Investing

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To: Dan Meleney who wrote (42359)4/21/2011 4:14:17 PM
From: Madharry  Read Replies (1) of 78515
 
GFRE-I just have a boat load of it and my confidence has really dwindled as time goes on and there is no announcement of a buy back of shares despite many exhortations of shareholders to do so. The last situation that even remotely resembles this one, i asked for shareholder info on a small company the seem very cheap and the company never responded and a week later they announced some kind of buy out. This am i was thinking that it must be very difficult for them to find an investment that would payoff nearly as well at thispoint as buying their company stock so I can certainly understand people being suspicious of the company at this point. I own so much of it that if ever sells at a normal price like $20 i will do plenty well. if it goes down the tubes I will be unhappy enough and see no reason to add to potential sorrows.
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