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


To: Paul Senior who wrote (38882)8/19/2010 3:59:44 PM
From: Wallace Rivers  Respond to of 78650
 
Hope no one jumped on SWS, which I mentioned a while back. Fortunately, I never did.
CEO left today, "for personal reasons" two weeks before earnings release, not exactly a feel good sign.
Still, .57 of book, and one would believe the franchise has some intrinsic value, despite poor recent results. One would also think the dividend would be cut, perhaps substantially.



To: Paul Senior who wrote (38882)8/20/2010 11:45:56 AM
From: Madharry  Respond to of 78650
 
i added some more mpw yesterday at 8.5% yield. not sure what do about gmxr.



To: Paul Senior who wrote (38882)10/8/2010 7:58:33 PM
From: Paul Senior  Read Replies (1) | Respond to of 78650
 
Got scared out of WRLD after reading this hatchet job:

seekingalpha.com

WRLD business model has come under attack many times. Yet the company has continued to prosper. I am wondering though if this time things may actually be different under the Administration's Consumer Financial Protection Agency rules/regs and Elizabeth Warren.

If the company is allowed to continue with its business practices, the stock at current price is again or still, a buy, imo. Otoh, if the business model is flawed because of new government (state and/or fed) rules, then the stock is a sure short candidate at current price (imo).

finance.yahoo.com

I guess I just don't need the aggro or uncertainty I'm feeling now. I've added and subtracted off my core position several times. At this point, I'll take the double in my core position, and close out the position there and in my trading shares.