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: E_K_S who wrote (50867)	2/12/2013 4:24:41 PM
From: Paul Senior	Respond to of 78791

dup. sorry.

To: E_K_S who wrote (50867)	2/12/2013 4:26:17 PM
From: Paul Senior	Read Replies (2) \| Respond to of 78791

ATO. Oops, had not realized where that one was trading. ... Okay, I sold about half my few shares now. (Thanks for the post and previous on ATO, EKS.) ...Buying LNCO. Doubling my position, maybe more tomorrow. GDI was a an error on my part I guess -- sold too soon. Have had it on my watch list since, seeing it climb. Maybe after earlier discussion 2day with Jurgis Bekepuris, I better look at it again and see if maybe my views on p/e need some adjusting. ==================== Also as regarding dividend plays -- what I bought them for anyway -- I'm selling some TCAP, LXP, PFD. I have a bunch of these stocks, and given that either the distributions are being decreased, the stocks are up near highs, the yields are at/under ~6% -- I'm guessing it's just not worth the risk of holding on to position-size amounts if there's a correction in the market again that could drop the stocks 10% or more. OTOH, if there's no correction, and if maybe I do not adjust my perception as to what value is (i.e accept that GDI is trading at a relatively high p/bk, that p/e is/might be 12-13 -- not great (but maybe it is okay (??) and that it's only somewhat below 13-15x of a few years past), then I might wind up being in the position of being a sold-out bull. I've been in this position before, and it's an uncomfortable one -- nothing like seeing the market go up, "everybody" seeming to being doing well and easily, and me with plenty of cash -- not seeing much I like, being wary of buying anything in any but the smallest quantity, and too afraid to step up to stocks with so many, many near the top of their 12-mo range. Ah well.