Anyone buying today?
By George on Fri, 2008-01-04 15:23
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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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
George, would you happen to know what the ticker is going to be for the Lorillard tobacco? Not CG I'm guessing.
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
I don't know what symbol they plan on using for Lorillard. It might be CG.