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


To: Paul Senior who wrote (35056)8/9/2009 10:42:14 AM
From: Madharry  Read Replies (2) | Respond to of 78751
 
the question is more what is the financing available to purchase said hotel. in the dhao investor- these indians were able to buy motels from banks at firesale prices get financing and lower costs by doing much of the work themselves. im not sure that financing is available today.

OT ive spents a couple of hours this am reading negative posts about how this market is completely irrational and how its been manipulated by the powers that be and that its going up on low volume. Not one poster is saying that the market is undervalued or worth investing in.
Meanwhile perusing that valuecruncher site, many stocks that i looked at are still either slightly undervalued or slightly overvalued. I havent seen any that are even 10% overvalued by their metrics. By my own technical parameters the SPY chart is a thing of beauty and I am very long not short stocks. I would be interested in your thoughts as value investors whether you feel the market is under or overvalued now.



To: Paul Senior who wrote (35056)8/9/2009 10:43:30 AM
From: Madharry  Respond to of 78751
 
the question is more what is the financing available to purchase said hotel. in the dhao investor- these indians were able to buy motels from banks at firesale prices get financing and lower costs by doing much of the work themselves. im not sure that financing is available today.

OT ive spent a couple of hours this am reading negative posts about how this market is completely irrational and how its been manipulated by the powers that be and that its going up on low volume. Not one poster is saying that the market is undervalued or worth investing in.

see this sample post:

Message 25841792

Meanwhile perusing that valuecruncher site, many stocks that i looked at are still either slightly undervalued or slightly overvalued. I havent seen any that are even 10% overvalued by their metrics. By my own technical parameters the SPY chart is a thing of beauty and I am very long not short stocks. I would be interested in your thoughts as value investors whether you feel the market is under or overvalued now.

Anecdotally, what ive seen is that my friends who had their houses on the market for a couple of years have both sold their houses although at reduced prices of about 30% from their original asking price. the contractor who is personally doing the small renovaton on my house, had to lay off his staff because of lack of work is saying that he is now getting calls for more substantial jobs, so it looks like things are starting to move but at lower price levels than the bubble prices we have seen. On the other hand the mills here are closed summer jobs for students are hard to come by and 20-30% discounts seem pretty easy to be had. I have offered $5,000 on a time share in the area that a realtor said was being offered previously by the resort for $18,000 and was now being offered for $12,000.
I will let you know what I hear back.