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


To: Paul Senior who wrote (34580)5/25/2009 1:30:14 AM
From: Madharry  Respond to of 78656
 
its only a hundred bagger if you sell it paul. put it on ebay and see if you can get it.



To: Paul Senior who wrote (34580)2/27/2010 1:06:24 PM
From: Paul Senior1 Recommendation  Read Replies (1) | Respond to of 78656
 
Fwiw, Seth Klarman article in Forbes:

forbes.com

As usual, it's nowhere clear to me from a scan how the stocks mentioned would have his vaunted margin of safety at their current prices. And, the only stock I see that might be close to being of interest to me would be Domtar. (I show Domtar symbol as UFS; "DTAR" in article doesn't work when I try it.)



To: Paul Senior who wrote (34580)3/11/2010 2:28:06 AM
From: Paul Senior  Read Replies (1) | Respond to of 78656
 
Klarman does it again. How he sees value in some of choices, I guess I'll never understand. All of a sudden it appears that ABT sees great value in one of them:

forbes.com

"Investors who doubted the stock picks of financier Seth Klarman were kicking themselves on Wednesday after Facet Biotech, 14% of which is owned by Klarman's Baupost Group, agreed to a $450 million cash buyout from Abbott Laboratories.

According to the two companies, Abbott Laboratories ( ABT - news - people ) will pay $27 per share, a slim discount after Facet Biotech ( FACT - news - people ) jumped 66.6% to close at $27.01. Facet's stock traded between $5.86 and $18.35 over 52 weeks leading up to Wednesday."

finance.yahoo.com

I was in as a hanger-on and got a taste. Had no clue though that this forever unprofitable company would be worth so much money to somebody.