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Strategies & Market Trends : Turnarund Investing

NOVS 0.0666

-16.0%

Aug 1 5:00 PM EST

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To: grahamcracker who wrote (488)	4/26/2012 7:53:34 AM
From: thatsnotluck	Read Replies (1) of 1876

<<TNL - RSH IMO, it's a buy. I'll buy some tomorrow and more if it keeps going down.>> i did add some after earnings (or should i say losses) were reported. might be a turnarund. i hope so! balance sheet pretty clean. i think there is around four bucks of Graham-style net assets (i.e., counting nothing for PPE, goodwill, etc.) if it drops much more i might make it a 2-3% position, but at current price not feeling quite so ambituous.

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