Comments on: "61,000 Square Miles of a Valuable Resource for $3" http://www.stockgumshoe.com/2007/06/61000-square-miles-of-valuable-resource.html Frustrated or intrigued by email teasers from investment newsletters and advisers? We solve them and track their performance here ... so stick around, participate and subscribe (it's free)! Sat, 21 Nov 2009 05:52:09 -0600 http://wordpress.org/?v=2.8.4 hourly 1 By: chb777 http://www.stockgumshoe.com/2007/06/61000-square-miles-of-valuable-resource.html/comment-page-1#comment-352 chb777 Tue, 26 Jun 2007 20:05:00 +0000 http://www.stockgumshoe.com/?p=110#comment-352 This stock has fallen from $20 in 1997 to two bucks and change. Several analysts have downgraded the stock. See Yahoo finance:<br/><br/>UPGRADES & DOWNGRADES HISTORY <br/>Date Research Firm Action From To <br/>3-Apr-07 JP Morgan Downgrade Neutral Underweight <br/>26-Oct-06 CIBC Wrld Mkts Downgrade Sector Perform Sector Underperform <br/>17-Oct-06 BMO Capital Markets Downgrade Market Perform Underperform <br/>5-May-06 CIBC Wrld Mkts Downgrade Sector Outperform Sector Perform <br/>27-Apr-06 DA Davidson Downgrade Neutral Underperform <br/>3-Apr-06 Banc of America Sec Downgrade Neutral Sell This stock has fallen from $20 in 1997 to two bucks and change. Several analysts have downgraded the stock. See Yahoo finance:

UPGRADES & DOWNGRADES HISTORY
Date Research Firm Action From To
3-Apr-07 JP Morgan Downgrade Neutral Underweight
26-Oct-06 CIBC Wrld Mkts Downgrade Sector Perform Sector Underperform
17-Oct-06 BMO Capital Markets Downgrade Market Perform Underperform
5-May-06 CIBC Wrld Mkts Downgrade Sector Outperform Sector Perform
27-Apr-06 DA Davidson Downgrade Neutral Underperform
3-Apr-06 Banc of America Sec Downgrade Neutral Sell

]]> By: Steve K http://www.stockgumshoe.com/2007/06/61000-square-miles-of-valuable-resource.html/comment-page-1#comment-351 Steve K Tue, 26 Jun 2007 16:51:00 +0000 http://www.stockgumshoe.com/?p=110#comment-351 Consider another declining, paper-oriented industry: check printing. Stock in Deluxe, the largest check printer, sunk as low as $12.98 last July. It’s around $40 now. Well run companies in declining industries can do very well. They will cut costs with the merger and they're paying down debt. I own it and Dan Ferris is a great stock picker. Consider another declining, paper-oriented industry: check printing. Stock in Deluxe, the largest check printer, sunk as low as $12.98 last July. It’s around $40 now. Well run companies in declining industries can do very well. They will cut costs with the merger and they’re paying down debt. I own it and Dan Ferris is a great stock picker.

]]> By: One Guy http://www.stockgumshoe.com/2007/06/61000-square-miles-of-valuable-resource.html/comment-page-1#comment-350 One Guy Tue, 26 Jun 2007 14:10:00 +0000 http://www.stockgumshoe.com/?p=110#comment-350 Ah, that's what you get for actually reading all the info. I'd say, then, that calling this a "3 to 40" stock is even more misleading than these things usually are. Ah, that’s what you get for actually reading all the info. I’d say, then, that calling this a “3 to 40″ stock is even more misleading than these things usually are.

]]> By: Anonymous http://www.stockgumshoe.com/2007/06/61000-square-miles-of-valuable-resource.html/comment-page-1#comment-349 Anonymous Tue, 26 Jun 2007 12:22:00 +0000 http://www.stockgumshoe.com/?p=110#comment-349 Just to explain. The 3 to 40 is not because of profits but because of the expected merger (I read it in his paper) Just to explain. The 3 to 40 is not because of profits but because of the expected merger (I read it in his paper)

]]> By: Anonymous http://www.stockgumshoe.com/2007/06/61000-square-miles-of-valuable-resource.html/comment-page-1#comment-348 Anonymous Tue, 26 Jun 2007 04:19:00 +0000 http://www.stockgumshoe.com/?p=110#comment-348 The $40 number is easy to come by. Each share of ABY will be exchanged for 0.06261 shares of the merged company. Thus, a $2.84 stock magically becomes a $45 stock. Sounds good, but won't do anything for the old bank account.<br/><br/>John Ohlson The $40 number is easy to come by. Each share of ABY will be exchanged for 0.06261 shares of the merged company. Thus, a $2.84 stock magically becomes a $45 stock. Sounds good, but won’t do anything for the old bank account.

John Ohlson

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