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Strategies & Market Trends : Value Investing

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To: Ron Bower who wrote (3405)3/2/1998 5:18:00 PM
From: James F. Hopkins  Read Replies (1) of 78654
 
To All; CMYN trading @1/4 to 5/16 ..yahoo says it has $1.09 in Cash.
buying below cash value is hard to beat, risk wise.
Last 9 stocks I picked up Jan30 have average gain of 17.3%
since that date, all were tiny little things with "CASH"
above or at least very close to the price I paid for them.
It's almost unreal how people don't catch these things when
they sell down below not just the book value, but the CASH
value..yet it's the most simple form of value investing.
In all that I have ever done I have only had one loser,
this way, and would not have had that but I held it to
long ( SPCO ) every thing else made from 10% to double.
CMYN I expect will find resistance at 7/16 to 1/2,
but if she don't lose her cash she will go to $1
Jim
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