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


To: Paul Senior who wrote (20561)5/25/2005 8:57:03 PM
From: Paul Senior  Respond to of 78666
 
With as many losing stocks as I have, I'd be surprised if I couldn't claim a record on SI - an ignominious one albeit -g-.

OTL today unexpectedly lost a big customer for its main and obviously declining product - lead additive for gasoline. That took the stock down a few points.

Among stocks at new annual lows there are my long-held SCRA and recent-purchase DRL. I added a bit today to my position in PERY, which is again near its 12-month low.

All this mentioned to balance somewhat my comment that I expect shares of often-discussed BL to be at a new high tomorrow (closed today about $36) given that management announced after-hours today that they will thwart a takeover by offering to buy about 50% of shares outstanding at $42.
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Fwiw, I added to my position in EPL. Kurt Wullf, who writes the well-respected (well, respected by me anyway) McDep report which analyzes oil/gas stocks, has a recommendation on this stock (as well a bunch more). Also EPL announced yesterday several successful wells.

Also fwiw, I started an small exploratory position in TUNE. I am hoping they will see improving profits from their involvement with digital tv tuners. Not a value investment, but this dinky company has cash, no ltd, and sells about 2x book value.

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