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


To: Spekulatius who wrote (32051)9/19/2008 12:13:26 AM
From: Spekulatius  Read Replies (2) | Respond to of 78476
 
ETE (19.8$), ETP(29.42$), WFC(-37.8$), NWS (12.85$)

Sold ETE today for a huge (33%) tax loss and bought ETP from the proceeds. Felt it was an opportune time to do so when ETP went on a hellride below 30$ and ETE stayed somewhat behind. You gotto do what you need to do.

Shorted WFC again at 37.8$. Interesting that they trade almost higher than before the credit crunch. Last trade worked out OK and now I am trying again. I used my account at WellsTrade with WFC to short so I assume that I am not a naked short :-).

Purchased some more NWS, my favorite Media stock. I think it's well position - they overpaid for Dow Jones but they seem to be making something out of this asset. I like the WSJ more than ever and the recent website revamp looks good to me. A healthy balance sheet does not hurt either in the current environment.



To: Spekulatius who wrote (32051)9/30/2008 1:19:42 PM
From: Paul Senior  Read Replies (1) | Respond to of 78476
 
Sad day for ALD. Once my biggest position; I had a lot of hope for this one based on its great history and distributions over the past twenty years.

Still have shares (ouch!). I'm adding just a bit as stock crashes, and I added a little to my few shares of AFC as well.

finance.yahoo.com

finance.yahoo.com



To: Spekulatius who wrote (32051)10/5/2008 1:45:23 PM
From: Jurgis Bekepuris  Respond to of 78476
 
MSFT - just read 2008 proxy and AR. I really like their executive compensation scheme where salaries are pretty low and almost no stock options are given out. Great FCF. Also I think that they are making right moves on the server side to IBM-ify the company. IMHO, MSFT could be a great 5-10 year stock although the stock price is still a bit too high to be really cheap. Definitely a hold with intention to buy.