GREY:PEYTF - Post by User
Comment by
Al42on Oct 04, 2012 6:03am
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Post# 20445952
RE: back of the napkin comparative valuation
RE: back of the napkin comparative valuation You're right and I did sell half my position in PLT a few months ago to buy BNP when it was around $16.5.
Safer investment,larger company with longer track record and hopefully safer dividend?
But stupid me, I've been adding back to PLT lately to average down.
Should have waited for it to settle down. I'll see what happens over the next few days and hopefully hear something positive from Management. If nothing positive comes up in the next few days I'm thinking I'll cut my losses on this. I'm still holding the bag on AVF and don't need another one of these dogs to look at every day.