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


To: Paul Senior who wrote (36939)11/8/2010 11:19:41 AM
From: Paul Senior  Read Replies (2) | Respond to of 78659
 
Klarman.

It's betting on the jockey for me.

I generally don't see the value that's in the stocks the media says Mr. Klarman holds or is buying.

I'll try betting on the man again though. I pick Enzon Pharmaceuticals Inc. (ENZN) this time. Small bet only.

At least this stock is backed up with net cash of $300M on its 60M shares outstanding (according to Yahoo). $5 on a $10.71 stock. And the stock hasn't been too volatile over the past year: $8.68-$11.67, so maybe if stock remains somewhat range-bound I might not be shaken out of it so quickly.

finance.yahoo.com