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

To: Spekulatius who wrote (29051)	11/29/2007 9:58:47 AM
From: Spekulatius	Respond to of 78782

ADVNA - feeling bad to bring such a turkey. ADVNA is down 66% since i brought it up first. I made some money on the last move, but now after the CC we are down again. Still at 50% book and earning 2$/share for an 8.XX$ stock, that sounds too good to be true (and probably is). ETFC - the new in vestment secured they future. 12.XX% interest sounds bad but is not much worse then 11% for Citigroup. it is crucial to understand the terms of the financing (convertible feature of the unsecured loan, price of common for Citadel, before buying ETFC common at this point. A while ago i predicted that ETFC could wipe out their entire equity with mortgage writedowns and it looks like effectively they just did that.