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

To: Spekulatius who wrote (33099)	12/22/2008 7:37:35 AM
From: anializer	Respond to of 78627

Interesting idea. I'm going to add this to my watch list. A couple of notes: Tangible book stated at about $6/share as of the last Quarter based on SEC filing. Lump sums received should help it related to the settlements. One thing I've been trying to stay away from is high debt companies, and according to the 3rd qtr. release on their website, they are approaching 3.85 bil in total debt.

To: Spekulatius who wrote (33099)	12/22/2008 6:41:20 PM
From: rllee	Read Replies (1) \| Respond to of 78627

HUN has just been blessed by Cramer on his show as a speculative buy that may be a homerun stock here at about $3 and change and with an 11% payout. I already have it from higher and plan to average down on it. AT $3 I view it as call option that never expires (assuming it does not go under).

To: Spekulatius who wrote (33099)	12/22/2008 9:29:36 PM
From: Jurgis Bekepuris	Respond to of 78627

HUN - My criterion right now is very simple. If investment is not "conservative and safe", I want to see 3X potential for it. HUN - $850x3=$2500 somewhere. Which is about current tangible book + 1B they are receiving. I did not look what else they may receive, but I doubt HUN will trade at book anytime soon. So if they are only receiving $1B, I am not interested. Also, the payments are going to be made through 2009, so market can be skeptical about them. Overall though, I see a pretty solid and relatively safe 2X play here. ;)