Valuation

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bearcatbob

Valuation

Post by bearcatbob »

When I look at our favorite issues I find them all far above their 200 dma and many at or above their 10 dma.

To me this is a very risky price level for entry into new positions. Board thoughts would be appreciated.

Bob
setliff
Posts: 1823
Joined: Tue Apr 27, 2010 12:15 pm

Re: Valuation

Post by setliff »

two value plays out there, imo. atpg and eog. sgy and kog have made healthy pullback's to a buy level, also.
dan_s
Posts: 34465
Joined: Fri Apr 23, 2010 8:22 am

Re: Valuation

Post by dan_s »

Let me add MIND to the list of great values. It is trading just above book value, which is ridiculous for a company with a rock solid balance sheet and improving business. I'm expecting MIND to drift all the way up to may Fair Value estimate by the time they anounce 4th quarter earnings in March. Remember that MIND has a January 31 fiscal year end.

MIND's 4th quarter results will show triple EPS from the 3rd quarter.

Premium Members should look at the new Sweet 16 spreadsheet. It's purpose is to show comparative values.

Dan
Dan Steffens
Energy Prospectus Group
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