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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: Covenant who wrote (1176)5/14/2012 8:13:29 PM
From: bankbuyer   of 1876
 
Re " mediocre companies " .

By the way, the C+P took at least 15 seconds.
I will step in the land of mediocre companies or industries but wish to avoid mediocre or worse managements.

I like to see managements in turnarunds act like with foresight, a defined plan and a sense of urgency.
That's what Duncan did at FR. I dont see it at BBY FARM RSH.
At Novs, they act with greed and delay.

Years ago, PBR used to stand for Pabst Blue Ribbon.
Maybe it still does in some circles.
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