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Anyone buying today?

By George on Fri, 2008-01-04 16:23

Anyone snapping up shares on the cheap today? I have my trigger finger on Loews (LTR). The company is selling below its net current asset value and it plans on spinning off its Lorillard tobacco unit. Am I missing anything on this one? Any other bargains that are even better opportunities?

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alexg on Fri, 2008-01-04 17:55
Title: I believe there are better

I believe there are better bargains than Loews. Wells Fargo and American Express for one. BNI is also lower than where Buffett started buying

http://www.lacontra.net

Mark Perkins on Sun, 2008-01-06 09:51
Title: George, would you happen to

George, would you happen to know what the ticker is going to be for the Lorillard tobacco? Not CG I'm guessing.

Mark Perkins on Sun, 2008-01-06 13:30
Title: you got me excited there.

you got me excited there. Where are you getting that its a NCAV? I looked at their last filing for Sept of this year and they have current assets of around 63.6 Bil, and total liablitites of 58 bil It's not a NCAV

George on Sun, 2008-01-06 16:34
Title: I don't know what symbol

I don't know what symbol they plan on using for Lorillard.  It might be CG.