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Strategies & Market Trends : Value Investing

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To: Spekulatius who wrote (53347)2/7/2014 10:42:48 AM
From: MCsweet  Read Replies (2) of 78753
 
GTS,

GTS hit my stock screens awhile back as quite cheap, but I've been worried about Puerto Rico. Their finances are a disaster. The company appears to own about $20 million in risky Puerto Rico bonds. Plus a bad Puerto Rico economy doesn't seem like a positive for business.

How do you think these Puerto Rico issues will impact GTS going forward? In terms of headline risk, at least the credit downgrade of Puerto Rico is out of the way.

MC
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