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Strategies & Market Trends : Value Investing

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To: NikhilJog who wrote (50577)1/15/2013 12:15:20 PM
From: Madharry  Read Replies (1) of 78742
 
i just think it points out how irrational the market is. that the stock jumps ecause some brokerage firm raises its price target from 10 to 13 because its says the company might be a buy out candidate from 15-17. like who is going to buy them? michael dell? meanwhile, my long term holding MIL has moved up some i think on the real news that peter kellogg increased his holding from i think 20% to 30% of the company. this continues to be my largest single holding and thankfully mr smith has done a way better job than i have of preserving capital over the last couple of years anyway.

BTW i read enough on pwe to think it was worth an initial investment at these levels.
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