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

To: Shane M who wrote (55339)	5/26/2015 6:16:34 PM
From: Mattyice	Read Replies (1) \| Respond to of 78748

Shane and Spek - Thanks for your feedback. I feel like the company is really not that expensive contra to what Jergis's opinion is and because of the large underutilized float (in my belief) there might even be more safety there. I was reading through some Sum zero investment pitches and I came across one for PGR. The analyst makes some similar points to what I stated and makes a pretty conservative valuation that gets you in the ball park of a reasonable margin of safety of around $35. Though the pitch is kind of geared towards WWWEBD (what would warren e buffett do). FWIW ,these pitches kind of annoy me but its worth reading in my opinion. sumzero.com