SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Paul Senior who wrote (62224)10/9/2019 2:25:47 PM
From: Paul Senior  Read Replies (1) of 78475
 
Also, about GTE that was on my reversion-to-mean list: The company has had problems being an oil producer in Colombia and holding acreage in Ecuador. I have believed that most of those problems were related to production issues that the company could resolve (eventually).

The stock has continued to drop, and as I looked at the company metrics (nav, cash flow, etc), the company seems to have become very undervalued. So... whereas I would consider it a reversion-to-mean play with the stock selling maybe at $2/sh., with the stock dropping to $1.45/sh recently, I've been buying more. And with its continuing fall, I've been adding to postions with about every .05 drop.

a small position in total that is within a very diversified portfolio.

Jmo, and I've been wrong many, many times.

finance.yahoo.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext