Mechel OAO Message Board
-
OT: Bottom feeding
Been bottom feeding on MTL, LVS, and BAC but am looking elsewhere to throw darts.
Is anyone looking at GNW or HERO or AGM or ACAS or CIT or TC or SNV or KAZ or DXO or MTW and liking any of these?
One sector I cannot figure out is if the insurance sector is a place to play or run away. Met is the first to report next week. Could they pull a WFC?-
I am in acas and expect a run up on it but it seems to have a lot of pressure on it. Can't get above $2.80 for some reason and I can't figure out why
- 2 Replies to j1daws2002
-
Regarding ACAS one item that compels is their mgmt of AGNC which has been steady with the %20 divi. A quality asset that does not appear reflected in share price.
Agree that price action generally follows the other financials but in a much narrower band. But as other financials have seen a run up their multiples, I think laggards like ACAS may be pushed up in hopeful speculation. I what holds it back is not survival but potential share dilution needed to survive -
haven't you guys noticed that this rally is running out of steam?
FAZ bottomed at 8.50 this week,touched 8.58 yesterday and dipped below $9 today...any short financial etf is poised for a very near term run
mark this post
-
HERO: I play it from time to time. Recent buy was 2.19. Very small amount (10K) just to make my "toys" more difersified. I wanted to sell it today for 3.3 but it did not happen.
I know all stocks you listed but I am busy right now to duscuss them. Next time.- 1 Reply to chechako2002
-
when you have a chance what do you think of FRPT..overbought right now for sure, but seems to be trending higher
-