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Strategies & Market Trends : Value Investing

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To: Steve Felix who wrote (51927)	7/25/2013 8:28:28 AM
From: Asymmetric	Read Replies (1) of 78497

>Sometimes the "smart money" isn't.< True. Fortunately, I don't own any Walter Energy. Their balance sheet is highly leveraged, and a bank refinancing deal fell through recently (last month?) so in hindsight a cut in the dividend, though still a shock to their shareholders, was probably inevitable. What prompted all the insider buys - ??? unclear to me. More to the point, KTOS, which I did buy and still own, is around $7, which is up 66% from my buy point. Not saying I'm any genius or stock guru. Just one stock I got right: - for now. - A

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