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


To: Spekulatius who wrote (53405)2/13/2014 8:50:00 AM
From: MCsweet  Read Replies (2) | Respond to of 78746
 
GTS (MIL, AAWW),

Perhaps I am not contrarian enough, but I saw no reason to buy this on what appear to be various risks outstanding along with deteriorating fundamentals. I'd prefer to wait and see how the situation plays out for a quarter or two. Maybe I miss out on a rebound on cheap valuation or some catalyst that takes the stock higher.

I sold a small starter position at a loss at 17.00 on the open when I saw the earnings come out.

By the way, two other stocks I own got hit hard as well. MIL -- it looks like they are losing their Wabush mine royalties, as the mine is shutting down . I overstayed my January effect in this one. :(

AAWW is losing business contracts and forecasting earnings will be lower 0.70 next year. This came up on one of my screens, and it might be one to track. I have to agree with Sepio that probably the best time to buy this one is not during high volume distribution phases like now, but when volume dries up and everybody has given up the stock.

It is hard for me to find values right now, and the values are often turning out to be value traps.

MC