Wednesday, November 6, 2013

What can I say...I am a sucker for downtrodden companies.

JCP
CHK
CLMT

All of these qualify.  CHK ($26.23) and CLMT ($28.08)  actually did ok on the revenue side which is rare these days.  I'm buying CHK and not selling CLMT.  JCP ($7.80) we know is a long shot, but they do still have a (albeit damaged) brand and prime retail space.  I think all of these are worth speculative positions.

FCX  I'm buying more
COP  Buying more solid company with room to go relative to it's larger peers.

VZ  Not selling.  Very solid numbers here.  Telecom is a main theme of mine and it does not make sense to sell any.  I like ATT slightly better from a value perspective, but VZ is still a solid hold.

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