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


To: Suma who wrote (32948)12/5/2008 1:12:55 PM
From: Paul Senior  Read Replies (1) | Respond to of 78714
 
PICO. Has some attractive features. Lots of cash, relatively little ltd.

I like the tone of the 11/7 press release of latest earnings. The company patiently but opportunistically seems to be trying to build shareholder value.

biz.yahoo.com

I'll reenter and place an order for a few shares at a little lower than current price.

It's a tough one to hold -- I'd characterize the company as "obscure" with no apparent catalyst prompting a buy. Sales and earnings are erratic, and there's no div to help investors. Any buyers now have to be willing to tuck the stock away and be patient, I'd say.



To: Suma who wrote (32948)12/29/2008 3:28:40 PM
From: Paul Senior  Read Replies (2) | Respond to of 78714
 
PICO. Water stocks getting hosed today.

A fill now on a few shares of [t]PICO[/t] gives me a beginning exploratory position.