#15
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Re: What is your return for 2005?
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[ QUOTE ] One of my holdings just issued their latest 10Q, which confirms in very clear terms the hidden value I thought it had. I'm expecting it to pop 20% or more. [/ QUOTE ] Does this company have a name? [/ QUOTE ] REMC. It's actually only up a couple of cents today (I was able to buy some more at $1.20). The 10Q made it clear that future distributions will be at the top of the company's previous range ($1.10-$1.60). Either no-one is reading it's 10Q, or the market is concerned about the unclear time-line to more distributions (could be 2007, but I think early-mid 2006). From my perspective, the time line and payouts were unclear before, now only the time line is, so shouldn't it trade much closer to the payout value? |
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