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


To: Jurgis Bekepuris who wrote (48279)6/7/2012 6:41:09 PM
From: Jurgis Bekepuris  Read Replies (5) | Respond to of 78462
 
Here's a follow up on TPX with some more thoughts:

I think the real solution is do some real scuttlebutting. :) Go to the stores and see what people are buying (and what store associates are selling)... Compare the price points and sales from New Year's to now (and the future). I'm not good with this. I kinda believe that this is how serious money can be made if you find out something that others don't know about. On the other hand, it requires a lot of time, physical effort and it still might be anecdotal...

OK, I found a positive counterexample: ANF . Every time it crashed, one should have bought. Every single time. I don't know if it's a buy now, but previously every crash was followed by a steep runup.

So some momo companies are buys on crash... I still don't know whether TPX is. :)



To: Jurgis Bekepuris who wrote (48279)6/21/2012 6:08:46 AM
From: Bocor  Read Replies (1) | Respond to of 78462
 
Mattress and home furnishing maker Tempur Pedic (NYSE: TPX) has some great products to help people get a better night’s sleep, which investors unfortunately need as the stock has lost a heart-wrenching 75% in the past two months.

Undeterred though, Chairman Andrews McLane bought an impressive 112,000 shares equating to approximately $2.8 million worth of stock. This is even more noteworthy as it marks the biggest purchase by an insider since 2004, indicating that the big drop in TPX has created some value at least in the eyes of this insider.