Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Paul Senior who wrote (32385)	10/10/2008 10:06:51 AM
From: E_K_S	Read Replies (2) \| Respond to of 78644

Bought a few shares of PBR on the open to add to my current holdings. Here is a new report regarding PBR's oil and gas reserves. It's very promising long term. Deep Water Brazil Summary and Recommendation mcdep.com Trying to buy more DRYs at these levels. They will be spinning off their UDW business. This business was valued at $30/share. You can get the bulk shipping business for free. I believe the market is concerned about their large amount of debt. Their cash flow from their long term contracts should cover their debt. I had a low ball offer in on DRYs and will not chase it but will try to buy more shares at any new low. Adding to my PWE holdings. It feels good to buy at 1/2 price as I sold my previous position at $28 last month. Stock trading today around $14. The president speaks this morning and I believe we will have another chance to pick up bargains as the market tends to fall when he talks. EKS