steprightup (76.08)

steprightup's CAPS Blog

Lender Processing Services, Inc.(LPS) Initial Price/Value Analysis

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November 18, 2011 – Comments (2) | RELATED TICKERS: LPS

http://alchemistinvestor.blogspot.com/2011/10/lender-processing-services-inclps.html

2 Comments – Post Your Own

#1) On November 18, 2011 at 11:00 PM, Starfirenv (< 20) wrote:

I ck'ed your site that you are pitching and see you like to read, think and invest. ARE YOU SERIOUS?

Had you done your reading, you would know that the most infamous of the "Robo-Signers" (LPS) were just served with over 600 mostly felony indictments for fraud.
http://www.nakedcapitalism.com/2011/11/matt-stoller-nevada-attorney-general-catherine-cortez-masto-cracks-open-the-financial-crisis.html

Had you done your thinking- well... pitching this stock at this time.... nevermind

As far as investing- I did a quick ck of your blog picks- looks like all but one is underwater.

Good luck.

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#2) On December 09, 2011 at 5:33 PM, steprightup (76.08) wrote:

Thank you for checking out my site. The statement is true, I enjoy reading, thinking and investing. Guilty as charged I have to improve on those skill sets but I am one who is always striving for improvement.

Aside from the above mentioned, I do appreciate the reminder. I wouldn't disagree with you that these are bad times for LPS and the sentiment is baked in the price. I understand that volatility will have a huge impact on the price in a given second, minute and hour not considering the toll it would take over weeks, months or years. I would tell the lot of my audience that I am a poor predictor of where prices will be in the future. I am certain that KO and GEICO were of questionable investments at one point in time. Same with the experiences of many others.

As Joel Greenblatt, a great renowned investor who generated 40%+ returns, found out with his investment in Scion Capital and its investment in the mortgage market. I don't believe my assessment is absolute but remains in a tentative state; always assessing and improving.

Thanks again for the feedback and good investing.

"Think about it a little bit more and you'll agree with me because you're smart and I'm right" - Charlie Munger

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