SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jurgis Bekepuris who wrote (45507)11/16/2011 1:41:47 PM
From: MCsweet  Read Replies (1) of 78462
 
MNDO/WILC,

MNDO screwed the pooch on buying the CDO (plus before the bought some weird interest rate product they lost money on before that), but they got all the CDO money back and have a done a good job since IMO. I have gotten huge amounts of divvies plus a ton of capital appreciation. No complaints here.

I still own some a little MNDO. I think nobody (except me :) bought my recommendation back when it was in the 0.60's (plus 1.32 in dividends with a 0.80 special divvy on the CDO settlement).

Here is my recommendation from Feb 2009
Message 25427839

I like that WILC mentioned it will buy back stock. At least this shows they are thinking about investors somewhat, although with the current price action it doesn't seem to me that the buyback is in play.

MC
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext