Ugly Duckling
It may seem like a strange time to be on a bit of a buying spree, but that's where I found myself over the past week, adding to positions or adding new positions in names that have been on the watch list and that have gotten too cheap to ignore. Keep in mind, though, a buying spree for a value investor typically involves a few names and not dozens. In these cases, there's some distress, and I expect a bumpy ride.
I've yet to pull the trigger on Radio Shack (RSH); I'm having difficulty shaking the cringe factor with this one but may take a flyer on it below net current asset value -- if it gets there (currently at 1.12x NCAV)....324 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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