It's been amusing to watch "value" mgrs like Bill Nygr*n touting WM as some kind of great buy year after year, and people getting pulled in at hefty valuations, but never enough to actually run it up and let the touts cash in.
Is that the roaor of the ocean I hear, or the Flushing of 10,000 Toilets?
It is the toilets, but it is more like 1,000,000,000 of them.
I agree with you about WM. You could say the same thing about C and many others.
Have you noticed how ITIC stock is outperforming the other title insurance company stocks. Methinks the Fines and their company buying back the stock is holding the price up. However, I think ITIC is outperforming the other title companies in the business world as well. I am still waiting for lower prices or what seems to be a more auspicious time to buy.
I think now would be a great time for the CEOs of the world to earn their pay. They think they all should get millions of stock options and then when their stocks go up "due to their acts and decisions" that they should make hundreds of millions of DOLLARS. Well, if they are so omnipotent, I would invite them to step up and make their stocks go up right now.
The truth is now readily apparent, the credit bubble made their stocks go up and that is what made them rich. Stan O'neal, Charles Prince and Angelo Mozilo did not really create any permanent shareholder value. In fact, their leadership came close to destroying the company's that they headed. Shame! Shame!