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


To: Junglekings who wrote (28252)9/26/2007 10:20:57 AM
From: MCsweet  Respond to of 78719
 
Junglekings,

I was beating up NAHC IR last year to buy back their stock as well. I've been buying some down here.

They've had disappointing results and I am leery of their expansion plans when they have trouble making money in their home state, but the market is pricing this thing as if there is going to be a total catastrophe. Any buyback here extremely accretive to book unless they take a huge huge writedown.

MC