Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Madharry who wrote (25391)	11/29/2006 3:25:51 PM
From: Paul Senior	Read Replies (2) \| Respond to of 78704

These oil tanker stocks are disappointing. FRO with not a great quarter, and now TOPT on some accounting issues. I'm going to assume based on TOPT's p/bk value, that the stock is undervalued based on replacement value of its assets. That's risky because TOPT doesn't seem to be doing so great with those ships, and there is a goodly number of new ships being built that when they start sailing, may depress the tangible assets of all these shippers. I'll up my few TOPT shares one more time by a little bit. finance.yahoo.com

To: Madharry who wrote (25391)	11/29/2006 4:10:34 PM
From: Paul Senior	Read Replies (2) \| Respond to of 78704

I have EAC. Perhaps bought somewhat on Wulff's recommendation. It's a losing position for me. Have considered adding more for quite a while; so far have always given up that idea. It's a confusing situation for me. These oil/gas stocks seem like they move together, e.g. look how many are all up today. On the one hand it almost seems like it doesn't make any difference which stocks in the sector one buys. Otoh, over some timeframe - and depending on when one bought these stocks - there is a dicotomy: some stocks hit new highs, others seem to languish once they drop into the cellar (well below highs). Will a cellared stock like EAC come back into favor and move back up into the 30's? I do not know. Anyway, for me, for today, I'll add a just a very little to my DPTR and XTO positions.