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Strategies & Market Trends : Value Investing

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To: Spekulatius who wrote (46402)2/1/2012 2:19:54 PM
From: E_K_S  Read Replies (1) of 78556
 
Clownbuck -

You stated:"...My best investment have been those where i found stocks to be neglected rather than controversial. ...".

I might also add, my best ones were also those where other investors threw in the towel, were at or near multi year lows and the trading volume dried up after some previous event (like earnings warnings or company specific issue).

Halliburton comes to mind where I bought a bunch of shares after their asbestos lawsuit issues. A lot of investors declared them dead and/or bankrupt but the company still had a lot of value, especially some of their subsidiary companies outside the reach of the circling lawyers.

So yes, neglected and boring stocks sometimes make the best value buys.

On the flip side, those "story" stocks always seem to lose money for me. I stay in them too long, or the story never develops as originally told.

EKS

P.S. still holding MGDDY? I am looking to a $16.00/share target price. The recent new car sale statistics continue to look promising.
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