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Strategies & Market Trends : Value Investing

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To: FIFO_kid2 who wrote (49437)11/6/2012 10:13:34 AM
From: E_K_S  Read Replies (3) of 78497
 
Omega Protein Corp. (NYSE: OME) - peeled off some high priced shares
Verde Potash Plc (Other OTC: AMHPF) - peeled off some high priced shares
goo.gl
Still quite positive in OME based on it's low BV ( $10.33 & TBV $9.69) but stock is out of favor as sellers continue to move the stock lower. I peeled off my high priced shares and will revisit this one in 31 days. At $6.21/share, the company really can not go much lower (perhaps the high $4's seen at 2008 levels).

Also sold my high priced shares in AMHPF and will look at this one again in 31 days. Long term I like both of these names and they continue to be on my watch list. Position in both of these stocks are small and my small sells allow me to harvest losses to reduce gains in other booked positions.

EKS
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