Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Paul Senior who wrote (55684)	7/14/2015 4:36:34 PM
From: E_K_S	Respond to of 78752

Ampco-Pittsburgh Corp. (AP) - upped my shares by 18% w/ Buy in the IRA account @ $14.36/share I hold shares in both my taxable account and IRA account. Stock selling at 73% of BV. Last quarterly report showed positive EPS even w/ another one time write off from a a discontinued operation. Maybe the corner has been turned and w/ a slow growing economy, the next several quarterly reports will again be positive. The last insider buys were in May 2015 and were small at $16.32/share and $15.79/share. Therefore, $14.36/share seems like a good add price. My target price was $21.00/share but until I can see if sustained EPS can be booked the next few quarters, I would be satisfied collecting the 5% dividend and eventually peeling off my high cost shares at BV (ie. $19.87/share) booking a small capital gain. EKS