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

To: E_K_S who wrote (43831)	8/10/2011 11:13:45 AM
From: Grommit	2 Recommendations Read Replies (1) \| Respond to of 78476

BG -- I also added today. Thanks for posting. (and +BDN yesterday at a good price). I am now fully invested. Timing the market seems futile. I only went to 3% or 4% cash recently, but think about this -- if you go to 10% cash, and are really clever and miss a 20% drop, well, you saved 2% overall. What's the big deal? You are still down 18% instead of 20%. Jeez, why bother? i.e. If you think you are clever, you have to go to a much higher % cash.

To: E_K_S who wrote (43831)	9/12/2011 4:57:08 PM
From: E_K_S	Read Replies (1) \| Respond to of 78476

Omega Protein Corporation Commo(NYSE: OME) buys InCon Processing for $9.4M ($0.48/share) all Cash. Omega Protein Adds Concentration Capabilities with its Strategic Acquisition of InCon Processing, L.L.C. finance.yahoo.com From the article: "The acquisition of InCon and its concentration technology allows Omega Protein to increase the vertical integration of our commercial fishery and human nutrition distribution channels by filling a vital piece of that value chain," said Joe von Rosenberg, Omega Protein's Chairman of the Board, President and Chief Executive Officer. ===================================================================================================== The company has been building up their cash reserves (as of last 10Q they had $2.44/share cash). Although they do not pay a dividend, buying up the equity of InCon Processing should be accretive to earnings. This purchase should also help expand their margins. Forward PE is 7.9 and now could even be lower w/ this acquisition. WEB Site: incontech.com EKS