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Strategies & Market Trends : Value Investing

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To: Technamentals who wrote (57918)	9/13/2016 6:15:10 PM
From: E_K_S	Read Replies (2) of 78820

FreightCar America Inc. (RAIL) Started a small position in RAIL w/ a Buy at $13.53/share. This was a bit below of my acceptable entry point of $13.67/share and will double up the position if this trades at/below $12.50/share. My fair value target (according the GN model) is $16.79/share or about 24% undervalued at the current market price. My main concern w/ new Buy entries is to minimize any downside so overall Risk/Reward is positive even if I must hold longer. Over a five year time period this has traded as high as $35.00/share and an all time low $13.66/share. So it looks like today's buy point was another all time low closing price. EKS

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