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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: Skeeter Bug who wrote (42692)	3/1/2009 7:09:48 PM
From: octavian	3 Recommendations Read Replies (3) \| Respond to of 42834

<<octo, merck is a tough taskmaster. ;-)>> --Skeeter, almost all stocks are "tough taskmasters" these days! Pat Dorsey wrote about a utility, Westar Energy (WR) in this month's Money Magazine. Among other things, he said the stock is trading "below the value of the company's assets," and has a 6% dividend yield. Six months ago, I might have bought it. But instead, I just put it on my "watch" list. Dorsey was recommending the stock at about $20, but it is now down into the $16s!!! In all probability, it will go even lower. <<i dumped my SRS in the low $80s, but I might regret selling so early.>> --It does seem a little early. What made you decide to sell now?