Post by
deisman on Sep 05, 2013 12:28am
SHhhhhhhhhhh! don't tell anyone!
II believe it was Warren Buffet who said something like "Buy into a business that an idiot could run , because sooner or later, one will." I think that pertains here and may be why PMG is down so much. But even with this mgmt team its been gradually going up over the past month and if it breaks $6.69 watch out. With a Tangible book value per share of $11.53 , 50 cent dividend and strong assets its a bargain at this price. IMO but please do your own DD