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

To: robuck who wrote (51217)	4/4/2013 11:45:02 PM
From: E_K_S	1 Recommendation Respond to of 78704

Re: PVA I closed this one out w/ a loss in early 2012 and deleted it from my basket of E&P stocks. However, they recapitalized the company w/ a secondary priced at higher prices, I thought that the company presented another value opportunity w/ a small bet below $4.00/share. Look, I was wrong before and will be wrong in the future but that does not mean I do not ever place any more value bets. As I stated in my post it is an "expiatory" starter position. A good investor is always open to good new ideas ( or even old ones if the circumstances have changed and/or there are new assets thrown into the mix). Check back in 18 months and lets see how the market values PVA. EKS