Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: gizwick who wrote (47031)	3/14/2012 7:06:37 PM
From: Spekulatius	3 Recommendations Read Replies (2) \| Respond to of 78618

re PNX - The downside risk is limited and the reward is a possible double from here. This stock was at ~1$ in Sept. 2011. My guess that would define the downside. Also from a fundamental analysis side, based on my cursury review of the balance sheet I am not sure that the special charges are done. Due to the outsize (imo) amount of deferred acquisition cost, I think there is a lot of risk that this asset will have to be written off (especially since the profitability of the existing business may be challenged by the low interest environment). Part of what irks me a bit in your stock proposals is that you solely mention the positive fact, but never the negative ones. I do not know if this is simply because you concentrate solely on the upside, or buy based on blend of fundamentals and charts (which I suspect), or you just think we can do our own homework (which we can). However my preference would be that you share all the facts that you are aware of, not just the bull case. As someone who is heavily invested in a stock like PNX, I suppose you are aware of the fact ,that PNX is considering a reverse stock split. I don't think I need to tell you that post a reverse split, stocks often tend to lag: sec.gov