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Strategies & Market Trends : Value Investing
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To: Michael Burry who wrote (7037)5/4/1999 6:09:00 PM
From: jeffbas  Read Replies (1) of 78467
 
Mike, I won't argue that NH has been stunning. If $.40 is the worst quarter of this cycle, there is certainly no reason to sell it here. I suspect that is why the stock has been so strong -- people have had to reevaluate their assumption that they would lose lots of money.

However, I think we have a ways to go before we can break out the champagne over MWY. I believe it will take a surprise of some sort to get past $11, since a large amount of stock has traded in the $10-11 range.
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