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Altisource Portfolio Solutions S.A. Message Board

  • thunderbear123 thunderbear123 Dec 21, 2009 11:10 AM Flag

    I bought 750 shares at 18.17 today.

    Lot's of growth in the company, no analyst coverage, low float, 100K volume per day, a real undiscovered value stock, and they are operating in three countries too.

    I read on the IBD homepage that the last three quarters average EPS change was 338% and the last quaters sales were up 49%

    It is also owned by a some of the funds and instiutions that I respect, particularly Wellington. It is generaly owned under the value theme.

    Hey, follow the Warren Buffett adage "Buy stocks when they are on sale."

    I can't follow the stocks all day long, so value investing makes sense for me, plus it is a tried and true strategy.

    In actuality it was in the Nasdaq stocks in the news, not the IBD 100

    All the best,

    Jim

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    • You and I may be the only ones in this one. I own in the low 16's and think this stock will do well for a long time. A large portion of their business in in the asset disposition business (real estate foreclosures) and that business will be booming for a long time. Good luck to us going forward. It also has been under institutional accumulation. Peace!

 
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