Wednesday, August 10, 2011

WFR $5.93

Watching MEMC Electronic Materials. I don't ordinarily look for bottom-feeders but this stock has been on the radar for 2 years while it's slid about 65%. Revenues are up Y/Y but margins and cash flow have come under pressure. Decent cash value (~$600 MM) but can it support the neg. cash flows the company has been runnin'? Watching closely.

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