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


To: Paul Senior who wrote (19457)2/4/2005 12:38:16 PM
From: Paul Senior  Read Replies (1) | Respond to of 78568
 
COMS: The company just cannot get it together. Been waiting for the stock to drop to cash value ($3.35, no ltd, per Yahoo). Lost patience, and have decided $3.54 is close enough to add.

A losing position for me, my buys being @$6+ in '01 and $5+ in '03&'04. Didn't take the opportunity to sell when stock was in positive territory last year. I'll try to wait another year to see if stock might retrace again. If stock does drop further though to below cash value on no additional adverse news (they warned last month about the upcoming quarter), I'll increase my bet.

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