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Strategies & Market Trends : Value Investing

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To: Paul Lee who wrote (42947)6/8/2011 3:07:20 PM
From: Paul Senior  Read Replies (1) of 78702
 
Yes, still holding VSEC (and LLL). I assume you're also still in?
I do not understand the deal either. Looks like the acquisition being so significant, it will drive the company.

I'm intending to wait a quarter or two to see how they turn this formerly privately-held Wheeler Bros into a public company. That is, I assume as privately-held, the company was structured to show minimum profits, whereas as being publicly-held now, the management will want to show positive (taxable)net earnings.
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