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Message Boards Settings L.S. Starrett Company (SCX) - Quote Info
This is one cheap stock      1-Jun-09 04:14 pm    
SCX is one of the cheapest stocks on the big board. It's also one of the so called "net-net" stocks, in that the stock sells for considerably less than net current assets- minus debt.
You just don't see stocks this cheap, except in a depression.
Benjamin Graham made his living by buying stocks this cheap, and selling them after they rose 50% or so.
-Meaning that a large preditory outfit could purchase all of the stock, and by selling it off piece by piece, he could make money by just selling off the financial part of the business.
Anything else is for free(factories and land).
It's also an old company with a good reputation for their gages and micrometers.
I was in inspection a very long time ago, and SCX's gages and micrometers had a reputation for being the best.
-Anyway, it's stock is very cheap.


Sentiment : Strong Buy
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rainforest9...

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  Subject Author Rating Time of Post (ET)  
 
This is one cheap stock
rainforest9... (1 Rating) 1-Jun-09 04:14 pm  
 
This is one of those stocks that has been "cheap" ...
LookOutNow_... Rate it 1-Jun-09 11:09 pm  
 
You are correct that Graham bought a diversif...
rainforest9... Rate it 2-Jun-09 07:36 pm  
 
What's up with is pig? I pay $9 last Thursday and...
boba41349 (1 Rating) 3-Jun-09 10:15 am  
 
"Investors" don't always act like investors-m...
rainforest9... Rate it 3-Jun-09 12:47 pm  
 
IMHO this stock will come back very well...
lickem6 Rate it 4-Jun-09 02:38 pm  
 
The Starrett family should have followed the lead ...
stare_at_it (2 Ratings) 16-Jun-09 02:08 pm  
 
Laroy S. Starrett would not be happy with his...
stare_at_it Rate it 18-Jun-09 09:00 pm  
 
Read the Yahoo Profile (Laroy S. would be more awa...
stare_at_it Rate it 20-Jun-09 10:26 pm  
 
The entire (former) Starrett Company has a ma...
scrubadubbe... Rate it 28-Jun-09 09:51 pm  
 
Not a cheap stock... see voting rights by the Star...
stare_at_it Rate it 2-Jul-09 08:15 pm  
 
Take a look at Yahoo's twenty year comparison...
stare_at_it Rate it 18-Aug-09 07:33 pm  
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LS Starrett Co. (SCX)

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On Nov 27: 10.10 Down 0.30 (2.88%)
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