Tuesday, August 17, 2010

SuperMedia and DEX One

Directories just keep coming back to market after a trip to bankruptcy court. We have DEXO (former RH Donnelley) and SuperMedia (former Idearc) back in the market - still levered up 3x-4x Net Debt/EBITDA. These stocks will most likely still go to 0, but there might be some nasty bounces along the way. I hope they come out with a decent qtr, where ad rev decline is 12% instead of 15%.

1 comment:

Value Stock Research Service said...

What about buy and hold not forever but it could be for some time. Their are stocks like petsmart that traded at 2 dollars a share 11 years ago now the stocks almost sixty. Also pricesmart traded at about 7 dollars a share about seven or eight ago now its almost around sixty dollars. Their are many other examples Apple computer traded around about 5 dollars a share in 1998 now its over 500. These stocks are being held quite a long time generally speaking I would say four to six years would be about right as far as buy and hold go. I have a website where I have been following stocks under five dollars. I generally hold my stocks anywhere form 2 to 6 years.