anyone watching this? i owned it before ,and made some short term gains..it's been pummelled lately. The kicker for me is the land carried at Purchase price on the books <very undervalued,even at todays prices> and the timber <a commodity type play?>.....or am I still going to wait to see "the whites of their eyes"......
I've been at it since JOE was $53, and did it plummet! Added more yesterday and today.
As to the more speculated issues, notably RGFC and IBCIQ, I decided not to chase them down.
Muling whether I should unload some LUK. You and I bought it at about the same time. The registration for floating new shares clearly indicate over-valuation, yet I like it long term...There are many issues trading below where I'd buy, but I am practically out of money. Selling a bit of LUK makes so much sense, yet...It's a difficult choice.
ITYC finally came down to where its attractive. In all likelihood, the book will not suffer by much. So it's trading at a little less than (what I think is) the book value after all the dust settled.