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: Spekulatius who wrote (47029)3/14/2012 5:41:13 PM
From: gizwick  Read Replies (1) of 78618
 
"This is a high beta dogshit company (imo)."

Phoenix has been in business since 1851, so they must have done some things right to survive

Special charges are now done and that is why the estimates of earnings at .40 this year. As long as this is an earnings driven market and the company can meet or beat earnings it should head towards the target of $4.00. What I have found is that the risk/reward of small undervalued stocks like this far exceeds those of other companies. Especially considering that Phoenix has been in business since 1851, and remains a buyout candidate at an estimated value of $5.00. The downside risk is limited and the reward is a possible double from here. JMHO
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext