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


To: Covenant who wrote (836)4/30/2012 4:53:17 PM
From: thatsnotluck  Read Replies (1) | Respond to of 1876
 
i look forward to the call report. to be honest i have no clue what one of those things are, but recall that last time a couple of people who do know what they mean indicated it gave a good preview of what is to come.

my recollection is they should have a very good quarter this quarter. unfortunately i stepped out when i needed to raise some money earlier in the year and the price has not got back down to where i can buy back in without feeling very foolish for giving up the position. i keep watching it and hoping, but it has been pretty sticky north of 20. now even 20 probably not a bad price, but since it is only slightly more liquid than NOVS, i am being greedy to cover the spread.



To: Covenant who wrote (836)4/30/2012 8:59:23 PM
From: grahamcracker  Respond to of 1876
 
<< My most recent speculation is WDC. It is a turnarund after the floods in Thailand halted production in their facilities and supplier facilities. >>

The financials are solid. I wouldn't call this a turnaround at all but rather a company experiencing a temporary situation. However, I don't know how far back you're going to call it a turnaround but based on the financials, this thing was a no-brainer throughout the end of 2011.

Well done.