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Strategies & Market Trends : Value Investing

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To: Jurgis Bekepuris who wrote (44644)	9/28/2011 6:59:06 PM
From: MCsweet	Read Replies (1) of 78595

UVIC, Jurgis, thank you for pointing the results. So you liked the stock earlier and now say don't invest after the stock has been crushed and looks kinda cheap. That's not front running. Is it sand bagging? ;) It looks attractive to me here. Not enough for back-up-the-truck levels (I don't like the negative book value and I don't like the royalty income eventually expiring), but enough for wish I owned more. By the way, regarding Clownbuck's comment: Even last quarter they were growing their non-royalty business while their royalty income was declining, so I didn't see the point of his logic about ceasing production from the get go. MC

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