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

To: Carey Thompson who wrote (29389)	12/23/2007 5:41:45 PM
From: SI Bob	Respond to of 78476

Interesting timing. Was just talking with someone in another thread about [t]FMT[/t]. I traded it a lot during the initial subprime carnage, had ignored it for a while, and recently started trading it again, and bought some calls on it Friday. Am considering making a long-termer out of it since they appear to be fundamentally strong and are starting to gain a perception of being a subprime survivor with the worst behind them. Thoughts? Edit: LOL. Just double-checked and it was you with whom I was having the FMT conversation. Okay, I know your thoughts. Anyone else? A possible Value Investing play? Personally, I think it's a rare opportuniy to just casually pick up a knife that finished falling long ago.