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


To: Paul Senior who wrote (51394)4/22/2013 9:43:22 PM
From: Spekulatius  Read Replies (2) | Respond to of 78451
 
I still hold MN. I sold part of my shares in my IRA account, but kept those in my taxable account. The company seems to be doing alright.

WHG has ~11M$ stock based compensation that they classify as "noneconomic expense". This is the first time I hear that expression but it sure does not look noneconomic to me, as the dilution is pretty real. I think the stock is overvalued if you include the "noneconomic" expense, since the PE is in excess of 20x. Even for a moderate grower like WHG that is steep, imo.