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Strategies & Market Trends : Value Investing

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From: Lazarus11/8/2018 2:17:48 PM
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***Value/Speculation play - CLSI - I own this stock and have bids in for more should there be end of year selling. It's one of those companies which I know has been complicit in its deteriorating share price - but I believe its hit bottom. (take a look at a 10 year chart).

The company has been buying back shares and reduced the share count from 380 million down to 332 million. They do, in fact, want to take the company private. Personally, I think its a shitty way to treat shareholders. Book Value ~ .012 cents per share.

[url=http://clancyinfo.com/2017%20Parent%20Financial%20Statements.pdf]They're losing money yet building shareholder equity and cash. [/url]

I think I saw one report where they were paying .007 or .009 per share.

*** OBVIOUSLY MORE SPECULATION THAN VALUE.
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