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Originally Posted by jmbreci
Hey Colt,
Maybe you should elaborate a little bit more before just stating that and leaving it at that. PTEN looks quite promising just by the #'s and Yahoo, once by this year, looks decent as well. I have not looked at the other. I know that I looked at PTENs numbers extensively and I think, once they hit an uptick, that they currently are a buy.
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Sorry, I probably should have elaborated, cuz I thought someone might call me on it. So, just at a first glance:
with PTEN, they appear to have some impressive numbers but they don't have a 10 yr history and what's their moat?
with YHOO, their 5 yr ROIC is 3.6% and the 10 yr is -6.1%!!!
STRICKLY speaking "Rule #1 investing", they fail. It's my opinion that in a Rule #1 investment forum, you should be discussing Rule #1 businesses, that's why I came here.
So did you guys read the book?