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


To: Jurgis Bekepuris who wrote (29321)12/19/2007 12:46:57 AM
From: willjeffers2  Respond to of 78748
 
I looked at CWTR when I saw the insider buying cluster.

GRIESEMERs buy is the only one thats significant and I believe he broke federal securities laws by buying within 6 months of his last sale.

I believe that by law he is supposed to return the excess profits to the company. (On shares he bought back within 6 months of selling)

While CWTR mildly interesting, I like to buy retail stocks at a discount to book value and CWTR, according to yahoo, trades at a premium.

At this time of the year, buying beaten down stocks is usually a good idea.

When tax loss selling abates, the lack of selling can drive the stocks up a good % on little volume.

I think the chances are better than CWTR sees $8 before it sees $5 but, with tax loss selling, cheap often becomes cheaper. Ive learned never to be surprised at how low stocks will go when people want out this time of the year.

A good % will rebound. Some wont. My crystal ball is foggy on which is which.