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

To: MCsweet who wrote (55013)	3/6/2015 12:10:57 PM
From: E_K_S	2 Recommendations Recommended By Mattyice MCsweet Read Replies (1) \| Respond to of 78746

I agree MCsweet, that's why on a first take, I scan their list to see if any other companies come up other than those sectors you mentioned. I do like to find companies at/near book value but where management can do something company specific to improve earnings (not a sector thing). STRL continues to hit new lows and is selling below BV. Unfortunately, I started buying too early but still like the company for their book of business. However, it may take a few quarters for shareholders (and value investors) to see that their current business is good. The company did under bid on some construction contracts which impacted their margins. Continue to post your screen candidate stocks as every company has a unique story and opportunity. EKS

To: MCsweet who wrote (55013)	3/6/2015 12:49:57 PM
From: Paul Senior	Read Replies (1) \| Respond to of 78746

Re: "When you know for a fact that steel and oil companies going forward won't have improving margin and strengthening balance sheets due to low commodity prices, I think buying them because they have a good historical F-score is silly. I put faith in the screen, but you have to understand the purpose of the screen and apply a little common sense IMO." I wonder. The Piotroski screen is "famous" supposedly because the stocks mentioned therein do well overall if the methodology is followed. Operative word to me is "overall". The thing works as a package. Once the investor starts weighing the business merits or prospects of each individual company to buy among all in the screen, that brings in a judgmental factor that "unquantifies" Piotroski's quantitative only methodology. Isn't this a correct understanding of what he is about? Otoh, who knows in the real world? Plenty of people write about his screen and offer up stocks; I don't know of anybody who actually bases their investment portfolio on Piotroski selections, let alone uses the entire screen. jmo