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


To: Paul Senior who wrote (29892)1/28/2008 11:49:15 PM
From: Madharry  Respond to of 78705
 
ok i will bite. what are your cheapest 10 stocks now?



To: Paul Senior who wrote (29892)1/29/2008 12:38:10 AM
From: Paul Senior  Read Replies (2) | Respond to of 78705
 
Most cheap of the cheap stocks? That's actually difficult for me to answer. Some stocks I've mentioned here that I am buying are so low compared to their historical valuations that they just are statistically very cheap. (And they could get cheaper yet -g-.) Whether one such stock is cheaper now than another stock that also has a low price to its historical valuations, that is hard for me to ascertain. Many of the stocks mentioned here by others and by me have moved up, so I'd have to go through an entire list of stocks to rank them, and that ranking could change tomorrow if there's another big stock decline/volatile day.

I also have gtc buy orders for some thinly traded stocks which I've not mentioned that I might otherwise want to include in such a list of my favorite cheap stocks.

I don't see my answer or non-answer as being of much importance. My history of enthusiasm for a stock, it being rated high as a favorite for me, or my any observation I might have as to its great value compared to most anything else I have --- well that's never been correlated with the subsequent performance of the stock. As I say, I'm often surprised by which stocks in my portfolio do well or do poorly.

I'm buying some stocks as themes. That would be, for example, Brazilian stocks or Bakkan oil plays. For Ben Graham plays -- (late Ben Graham, where he suggests buying a package of stocks with good basic metrics (e.g. book value) that are attractive) -- there are just so many out there now with those characteristics, that buying a diverse package of ten of any should (or could or might) be okay.