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    March 03, 2008


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    usually...i agree with your picks...but not with their prices...but here i agree on both counts...have been a patient holder of SUP for over a year...

    I'd suggest you take a look at CSGS, KSWS or BGFV. All are very cheap.

    BTW, USMO was sold off by Fairholme...that turned out to be a smart move...

    Pradeep: Glad to see we're fellow travelers in SUP, and thanks for the stock ideas.

    Regarding USMO, yes Fairholme looks to have made a smart move. I see that the biggest shareholder, Abrams (who used to be with Baupost) is holding. But it certainly looks like USMO hasn't worked out as planned.


    I fell into the SUP void and managed to get out with a marginal loss. I agree with your rational for why to buy this stock. However, the drain of no earnings will, at some point, impair future dividend payments which is the main reason to hold on to this stock. Are you reassessing your position with SUP?

    I enjoy your blog and have bookmarked it.

    @Toucalit: I'm worried about the auto industry. But am holding on for now. I detail all my moves on the blog. And thanks for enjoying what you find here and bookmarking it.

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