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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 (556)4/26/2012 2:25:27 PM
From: thatsnotluck  Read Replies (1) of 1876
 
<<Lured into a purchase at a 30-year low by a relatively strong balance sheet?

Suckered by a so-called value-trap siren call?>>

my concern as well. i have certainly had my share of value traps over the years. that is why i generally prefer things with negative book value like ATPG and MNKD. no way those could be value traps. :-)

i also have a few others that have interesting metrics, but possibly terminal businesses, such as PBI, HAS and AM. RSH is small, PBI very small and the other too not quite as small position sizes for me. probably around 7% or so for the bunch in total. looks like AM could end the day being over 3% all by itself.
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