Read the screenplay: FANNIEGATE — $7 trillion. 17 years. The biggest fraud in American capital markets.
📈Value Investingglenbradford-wordpress

$LEE

Glen Bradford
Glen Bradford@DoNotLose
·1 min read

Lee Enterprises is pretty much doing exactly what I figured they would be doing. They're worth $3+

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=71253037

http://lee.net/newsreleases/pdf/Lee%20NR%20Refinancing%20012312.pdf

They made 38 cents this last quarter for a stock trading at $1.10. Not bad?

http://lee.net/newsreleases/pdf/LEE%20Q1%202012%20Earnings%20011712.pdf

http://lee.net/newsreleases/pdf/Letter%20012312.pdf

http://seekingalpha.com/article/312778-lee-enterprises-should-top-2-within-180-days

That's all for now,

Glen Bradford

PS, if you miss the first moves, it's not that big of a deal, I admit that most of the time you can't be 100% in the company that is moving that day. That's why I diversify across undervalued companies and then rebalance according to my expectations every now and again. Right now, Lee has some serious room to run but I am scale trading all the way up, squeezing those pennies and nickels out of the volatility.

I am presently looking to figure out how to trade YELL on the london exchange because by volatility alone I believe 2% a day can be extracted from the stock, so that is exciting.

Glen

Found this valuable?

Share it with someone who needs to read it.

Share

Act As If

Question Everything, Set Life Goals, Achieve. — Free PDF download or grab it on Amazon.

Enjoyed this? Get more like it.

Glen's Musings — AI, investing, and building things. Occasional. Free.

Glen Bradford

Glen Bradford

Investor · Builder · Writer

MBA from Purdue. Former hedge fund manager. Holds 26 series of Fannie Mae and Freddie Mac junior preferred stock. Built Cloud Nimbus for Salesforce consulting. Author of Act As If. Writes about investing, building things, and the longest financial fraud in American history.

More in Value Investing

Keep Exploring

Disclaimer: This blog post reflects the author's personal opinions at the time of writing and is not financial, investment, or legal advice. Glen Bradford holds positions in securities discussed on this site. Past performance is not indicative of future results. Do your own research and consult qualified professionals before making investment decisions. Some content on this site was generated or edited with AI assistance.