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

To: JHalperin who wrote (41982)	3/25/2011 11:27:47 PM
From: Spekulatius	Read Replies (4) \| Respond to of 78673

re GFRE - the HAP issue, which has been ruminated upon in GFRE's yahoo board and is a rumor only, does not explain much. 1) Why is this HAP seller which I suspect could be a considered an insider (or at least someone with insight) sells at any price? Is this seller just stupid or does he know something we don't. 2) Why does GFRE not follow up with their stockbuy back announced in Sept 2010. They have 70M$ in cash according to their filing which is more than 1/3 of GFRE's market cap. What the hell are they waiting for. 3) With all those Chinese RTO under the gun, why did management avoid a Q&A session after their CC. 4) When I hear "buy of a lifetime" I usually turn around and run. I watched the tape at the close. There was a persistent buyer at 5.5$ sucking up a lot of shares. Either someone wanted them or someone wanted to avoid another plunge at the close. Take your pick. One way or another, this should come to a conclusion soon. It's either a 10$+ stock or a 0$ stock but it for sure ain't worth 5.5$ <g>.

To: JHalperin who wrote (41982)	3/26/2011 12:32:33 AM
From: Madharry	Respond to of 78673

I agree with you however there was a report on seeking alpha in the last couple of days castigating some chinese probiotics company which is audited by the same that audits gfre. Among other matters he also questioned whether the cash balances were real and actually belonged to the company without any side deals or contingent liabilities. this is a huge position for me, though much smaller than it was at year end because of the the price decline. time will tell. My price target continues to be $20-22. Not that I have seen anything exactly like this before but there was a stock that i started buying at $11 thinking it would go to $20 it kept dropping and dropping and i bought more at $9,8,6, and $4, now the stock is about $44 so these things do happen.