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


To: Paul Senior who wrote (31812)9/30/2008 3:32:01 PM
From: Paul Senior  Respond to of 78751
 
Adding a little to my few BRS shares as stock drops to new lows.

Kind of funny. BRS is a helicopter company flying material/people around Gulf Coast rigs and such. One could bet that BRS would be a big beneficiary of the hurricane-caused damage to the rigs, as companies rush to repair damage -- and there is a lot of damage from Ike. The thing is though, that this time, BRS facilities themselves in the Gulf got damaged, perhaps severely, and instead of the stock being a beneficiary, it's dropped, perhaps because of the hurricane.

biz.yahoo.com

These damage problems eventually get fixed, and I expect the stock, now about $33 to be back over $50 within a year.

finance.yahoo.com

Jmo, and I've been wrong many, many, many times.