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Strategies & Market Trends : Value Investing

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Lazarus

To: E_K_S who wrote (57669)	9/2/2016 3:33:50 PM
From: E_K_S	1 Recommendation Read Replies (3) of 78666

Sterling Construction Co. Inc. (STRL) - closed out 50% of remaining shares @ $6.74 Stock is at/above fair value according to GN model and other valuation metrics. Will hold a few shares to see if i can get at/above $7.50/share. Last batch sold had a cost basis of $2.50/share. It's been a 18 month hold w/ Buys starting in 2/2015 at/below $3.00/share. New CEO and CFO during the transition and finally a secondary stock offering 5/2016 to re-capitalize the company. The key to Buy was on the panic sell off in 2/2015 and/when the OBV went extreme negative when viewed on the 3 year chart. The original idea came from Paul Senior on his Buy alert. EKS

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