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 : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: TrueScouse who wrote (12052)5/9/2002 8:51:23 PM
From: Frank Pembleton  Read Replies (3) | Respond to of 36161
 
Howy... an f/a question on some of the companies I play... isn't anything that is trading beyond 2x P/B considered expensive? According to Research Capital the average NAV at todays POG is at 2.3x -- I've been rotating out of what I've considered expensive and into stocks that are trading below NAV...

Is that a sane rule of thumb or I'm I nuts or what?

Regards
Frank P.