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


To: sjemmeri who wrote (31979)9/14/2008 12:35:51 PM
From: Paul Senior  Read Replies (1) | Respond to of 78576
 
Yes, sjemmeri, that's how I'm playing it.

With WM, it's a binary thing I am guessing. (And betting. I've bought a few shares.) Either the company will go bk or the stock so diluted with capital infusion that WM stock becomes worthless, or else the company will muddle through, and stock will go up 3-4x after some time. I'll take the bet.

As you say though...as part of a package. Same bet also on MBI, ABK, CMO, etc.