Dan:
I agree with the other comments re Eagle Exploration. I have never been able to buy lower than the ask, nor sell higher than the bid. The spreads are extraordinary. It tends to be a losing battle, for sure.
That said, I do think value will most likely emerge at some future point. This is one of those 0.1% of portfolio deals.
While I'm posting, I'd like to thank you guys for the excellent picks. I do my own due diligence, of course, but finding the needle in the haystack is the tough part. Thanks for sharing New Holland, Deswell, and others.
Jim, congratulations on USU. I had a nice bid in at $9 7/8, but didn't get any. Too late now, it seems. Great pick.
Peter |
