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


To: Spekulatius who wrote (32715)11/8/2008 2:19:17 AM
From: Spekulatius  Read Replies (1) | Respond to of 78702
 
CPN - bought a few shares today. CPN recently exited bankruptcy. They have a relatively new fleet of NG power plants that may benefit from carbon caps. Also they missed earnings forecast but their free cash flow was strong.

CPN is trading around book value. There are about 5B$ in NOL as well. I think they could be very attractive to a pot. acquirer once credit markets thaw. [t]CPN[/t]



To: Spekulatius who wrote (32715)11/10/2008 8:27:31 PM
From: Paul Senior  Respond to of 78702
 
FCE-A. It IS becoming a lottery ticket, and I'm getting interested.

Can M. Whitman and crew be so wrong about its "safeness"? (Apparently yes -g-).

Can it be that the common stockholders could actually be wiped out? Company has several kinds of properties in key USA cities. Could Third Avenue, Davis Select - these value guys - be so wrong?

In this market, nothing should be a surprise. I don't seem to learn though...I keep getting surprised.

I am considering a few shares at current price for a bet on a 3-5 year holding.

finance.yahoo.com