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

To: E_K_S who wrote (43453)	7/20/2011 11:04:16 PM
From: Paul Senior	Respond to of 78516

GOV. Yes, saw it an bought more shares. Once stock was priced, even though not issued, I was interested. Dilution might be looked at differently. They are issuing shares with stock below current stated book value. So maybe current stockholders see more dilution; assets per share though -- that's not being diluted. (Somebody correct me if that's wrong.) Okay, I'll agree stock may be overpriced if traded on p/e. Does it trade on p/e though? Or maybe more on dividend yield and probability the distribution will be maintained or increased?

To: E_K_S who wrote (43453)	7/21/2011 9:53:57 AM
From: Grommit	Read Replies (1) \| Respond to of 78516

GOV. I also sold shares at $27+ earlier in the month, around 25% of my holdings. Yep, based on PE. (paul: "Okay, I'll agree stock may be overpriced if traded on p/e. Does it trade on p/e though? Or maybe more on dividend yield...") And I kept the rest because of yield. So, with paul, I bought quite a few GOV back today. UNP. I bought UNP yesterday, and I normally don't do this, but I sold 1/2 today after a nice pop. I needed the $$ for GOV. I think UNP is a fair holding now, so keeping the rest. finance.yahoo.com And sold a very little OFC, since i overweighted it recently. GOV now seems like a better deal, equal PE, higher yield, lower debt. My $GOV = $OFC now. finance.yahoo.com cheers, grommit