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Strategies & Market Trends : Turnarund Investing
NOVS 0.0666-16.0%Aug 1 5:00 PM EST

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From: grahamcracker5/4/2012 1:34:33 PM
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RSH: Seeking Alpha

seekingalpha.com

I don't offer this as a defense of my RSH purchase, I offer it as typical of what's wrong with Seeking Alpha.

Am I nuts or wasn't there a time when Seeking Alpha was pretty good? It is currently pretty horrible.

If I adjust for leases (as Graham is screaming at me to do from his grave after seeing this article), I get a so-called Graham Number of $3.90 per share, not the $6.85 in the article.

Of course, all 3 of their picks are retailers. Nothing like loading up a whole basket full of the same mistake.
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