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

To: Spekulatius who wrote (41965)	3/25/2011 12:06:32 AM
From: Jurgis Bekepuris	Read Replies (1) \| Respond to of 78704

I know that you are against Chinese RTOs. However, everything you say applies to any other company located in US. Well, sure we don't need SAIC fillings translated, but can you really tell me that you can be sure that EBIX is or is not a fraud? Will you go to the company and check its factory - I mean its software - its accounting - its tax shelters - its what else? And are you really sure that a hedge or mutual fund will? If you don't like an example of EBIX, which has been accused of accounting shenanigans, how about a "simple" company like TPCS or SYEV or MCHB that you just bought. Can you REALLY be sure that they are not frauds? No SAIC translation required. If you do, I really want to know how would you do it. And would you really do it for your investments? Would your opinion change if some anonymous poster on the internet claimed that MCHB is a fraud with some half-baked evidence? Or do you claim that we should not invest in market at all?

To: Spekulatius who wrote (41965)	3/25/2011 1:19:33 AM
From: Spekulatius	1 Recommendation Read Replies (1) \| Respond to of 78704

OT- I decided to change my handle from "Spekulatius" to "Clownbuck". "Clownbuck" is a synonym stolen from Lucretius "Clown Free Zone- all Clowns must be destroyed" thread that I used to watch many years ago. The handle "Clownbuck" refers to the devaluation of the US$, by means of Greenspans nefarious plunge protection team, Ben's helicopters, QE1,QE2, QE3 or whatsoever. Despite my handle change, I will continue to fool around in the board as if nothing had happened <g>.

To: Spekulatius who wrote (41965)	3/25/2011 11:12:42 AM
From: Madharry	Read Replies (1) \| Respond to of 78704

gfre: I could be wrong but I believe this is a situation where there are no buyers because of the fear and a motivated seller who had purchased up to 15% of the shares at some bargain price and is now blowing out their shares. I would also imagine that production has not been great in the current quarter because of managements unwillingness to provide guidness or do a Q&A despite being almost to the end of the quarter. however, at these prices assuming the cash is real, which would shock me if it werent, the company now sells for $3.80 net of cash and earned $1.50 last year. The company has also publicly stated that pricing remains strong and they believe it will continue to be so. so i speculate that on a worst case basis there is some production setback which i hope is temporary. I could be wrong but I am certainly staying in the stock at these levels.