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


To: rllee who wrote (39448)9/28/2010 1:42:24 PM
From: Madharry  Read Replies (1) | Respond to of 78715
 
depending on how many shares you are buying I would buy whatever is cheaper, although I believe that the exchange rate is grossly unfair I'm always surprised at how often shareholders vote in favor of bad deals, the last one sticking in my craw was when endeaveour whatever investors supposed bought the investment bank at a highly inflated price after which the stock tanked around 35%. I expect smith will continue to do well for investors long term. He seems to have a good sense of value. Im certainly parting with any of my mfcaf shares at this level as I think the book value is well over $10.