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Strategies & Market Trends : Value Investing
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To: Spekulatius who wrote (52391)9/19/2013 3:28:01 PM
From: Spekulatius  Read Replies (1) of 78735
 
Bailed out of TWGP @10.34$. Picking up pennies in front of the steamroller. I agree it's risky - the discount to tangible book is not high enough, imo. I agree that AHL at a 20% discount to tangible book may be a better bet than embattled TWGP.

If TWGP continues to trickle down towards the first week of October, when the balance sheet numbers are released, I may reconsider and buy in again.
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