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: anializer who wrote (33448)	2/5/2009 5:22:56 PM
From: MCsweet	Respond to of 78644

ULTR, This looks a very interesting possibility, but I'd have to do/see some research before saying it is hard to get hurt at these levels. In particular, what about the implosion in shipping rates and the $400 million in debt? Even if they locked in their rates, they look like a small company whose counterparties might renege on their contracts. BHO has already had someone default on its contracts. Thanks for the idea, MC

To: anializer who wrote (33448)	2/5/2009 7:37:49 PM
From: Paul Senior	Read Replies (1) \| Respond to of 78644

ULTR. Well, that's four of us here for this one. That's an unusually high number. When I ran the analysis a few years ago, it turned out to be a good sign if three (or more)posters here bought and posted here about it. (Such stocks moved up subsequently-- within 12 months.) Actually, if I recall correctly, three people were better for the stock than if four people were buying. There weren't that many four-people buys though to be significant. And the survey had other flaws too. It did give an indication though - some support - that a stock could really be undervalued if several people who used different types of value analyses all concluded the same.