- Sep 17, 2011
I dont disagree with most of that finicky, certainly wouldn't be a buyer at current prices. My average is under $1.30 so I am happy to keep holding a fair position - although I have reduced a couple of times. One of my main metrics these days is ROIIC & CDA has very solid numbers which gives me some comfort. The last time I did a back of the envelope valuation my range was around $8.60.