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Strategies & Market Trends : Value Investing

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E_K_S
To: MCsweet who wrote (54469)7/23/2015 3:04:30 PM
From: MCsweet1 Recommendation   of 78670
 
MMAC,

Unlike Paul I will post my sale at 13.49 after my recommendation around $9 just in case someone followed me into this one.

Company has been buying back stock below but stock is above latest published book value of 12.76, so my original buy premise no longer holds. There may a good reason behind the recent run-up (e.g. further book value improvement), but with my other values stock weak and my original thesis seemingly no longer in play I am ringing the bell on this one.

MC
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