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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (8192)9/9/1999 11:13:00 PM
From: Madharry  Respond to of 79003
 
I wanted to own an energy (especially natural gas oriented) stock in my portfolio and this seemed like a good choice. This may be simplistic but it seemed like this stock was in the 20s in the past when oil and gas were at these prices, meanwhile the company continues to grow reserves. Also it looks like insiders are exercising options but not selling so they think its undervalued. Believe me there are a lot of companies I wish I owned or bought more of 6 months ago. BYW THQI continues to look just great fundamentally and technically. I hope we will have a great couple of months with that one. I sold entirely out of my ICGE. I decided that I was just uncomfortable owning a stock at 50x book no matter how great the prospects were.