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S&P 500: 1,340.35 Change: -0.84%
frankbean
P&P Score: 1.63 | Points: -100.28 | Accuracy: 53.22 | Average Pick Score: 1.73   Annual Return: N/A  
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Commentary
BUY: THE PHOENIX CO INC (PNX) Rating: 4
Start Price: $4.01
Points: -33.45
Created: 10/07/2009
Insurance. Looking ahead its a monopoly type of cash grab business. You could be almost totally incompetent and still make money out of this business. Looking forward the company is priced at half its assets, sales continue at a standard two billion a year, and so trades near 1X sales. Now if they start making money ( 6 analyts project .65 cents a share for next year. ) Give it a PE of !4 and the Stock is at about $10 in a year. Assuming the company is not totally mismanaged. The chart is pointing higher too.

2 Comment(s):

Author JoeJustJoe     Date 2009-10-27 09:49:01
GOOG thing thur "prospects fer GRRRREAT errrrnuns" will save em cuz this POS is now o-fish-ally in death dive mode. Nice pick! I need some more like this but I'm wreckin you are gonna wait until the markets attempt to retrace the selloff before you find any more GOOG grossly overpriced pigs...right? :-) "6 anal-ysts project .65 centavos a share for next year" ...hilarious! LOL Are you at least beginning to see why your method of screening for picks doesn't work?:o3J
Author frankbean     Date 2009-11-24 20:07:36
Crap
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