I am constantly scouring the internet for people who are interested in learning about penny stock trading, and regular trading.
There are usually some pretty good discussions for indivuals who are just at the starting point.. There are many penny stock trading strategies to be discussed.
In this discussion they’re talking about Ben Grahams style of investing.
From member name: dfall over at HotStockMarket discussion forum:
Introduction to Ben Graham-ite Investing
The investing style of Ben Graham’s is usually focused on a company’s net recent assets, or recent assets – total liabilities. If the overall market cap is less than net recent assets, you may have a potential bargain because it alerts me that the company’s ongoing trade activity is selling for nothing. I sometimes look at net current assets as a company’s minimum selling value because it nets out all debt obligations and other liabilities and leaves you with the recent assets left over. As an example, let’s look at Callaway Golf.
Looking at Callaway Golf’s Quarter3 2009 balance sheet, Callaway Golf has $518 million in current assets and $one hundred sixty nine million in overall liabilities, giving you a net current asset value of $518-$169 = $349 million. At the current price of $8.00, Callaway Golf has a market value of 520 million dollars, a bit higher than its net current asset value. At this point, Graham would not be an investor unless some other factor significantly outweighed the high market value. However, back in July, ELY had a share price of $4.80, providing a market valuation of $three hundred ten million which is less than $three hundred forty nine million. Thus, this would indicate a share in which further research is required for an investment but from just isolating this data, the share price seems to a bargain level price situation.
I love discussions where people are just starting to discover the benefits of stock investing, and finding the joys in learning about the numbers!!
You can find this discussion about stock investors for newbies here:
http://www.hotstockmarket.com/forums/showthread.php?t=75906
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