SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Spekulatius who wrote (45006)10/17/2011 10:25:35 AM
From: Sergio H  Respond to of 78702
 
Thanks Clownbuck. I put VE on my watchlist.

Market does not seem too interested in China's GDP and economic data due tonight.

I think that these numbers could give rally legs or kill it.



To: Spekulatius who wrote (45006)10/20/2011 9:49:43 AM
From: Sergio H  Respond to of 78702
 
Good Morning Clownbuck.

I decided on starting a position in VE because it's selling at ridiculously low valuation for a company that is number one in the world at what it does. It's selling at just over sales, below cash and below book. Despite the concern over how the co. restructures, there is hardly any short position....so how much concern is there?
I like what you said in an earlier post about companies being in Europe not necessarily being European companies, or something like that. VE has an international presence and has been beaten up by Europe's woes. So, I will take a chance here as there's more upside potential than downside in my evaluation. Thanks again for your review and comments.