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


To: Paul Senior who wrote (58018)9/22/2016 2:03:47 PM
From: Graham Osborn  Respond to of 78658
 
You're no longer the patsy once you realize you're the patsy ;) FWIW, I think of "value trap" stocks as ones that are cheap by their multiples but are burning through their net current assets and/ or tangible book. In this case the tangible book has declined since 2010. It's a heuristic rule but seems to have some practical value.