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: Paul Senior who wrote (25514)	12/15/2006 12:30:35 AM
From: Carl Worth	Respond to of 78669

i bought some more NAHC at 11.26 today...in retrospect i should have sold some when it hit the 13s, but i expected them to complete the deal, and i also thought it would hold up better than it has if the deal didn't materialize, since their earnings were above expectations last quarter, the p/e was around 10, and the stock wasn't much above book value clearly i was wrong on several accounts <g> not really worried about the longer term prospects though, just makes my account look a little worse for the time being meanwhile another below book value play, WNMLA, has moved up nicely, and i did sell some of that, so you win some, you lose some, but eventually you win almost all of them when you buy profitable companies at or below book <g> RTWI also moving up some FWIW

To: Paul Senior who wrote (25514)	12/15/2006 12:46:28 PM
From: MCsweet	Respond to of 78669

NAHC, If you bot when I recommended, I think you should be up. I think I recommended in the 9-10s. I have sold some off as it has gone up (not enough, given the news). I might buy some more going into the end of the year or after the next earnings report. A low PE and below book value => very attractive to me. However, they are in a niche market and have not had consistent results. => Might wait for another earnings to come out. I haven't decided. I think the current sellers were just looking for a buyout and were not real serious owners. I could be wrong, however. Maybe Commerce Group saw something about the company they really didn't like. MC