I spend a lot of time studying companies I don't hold - this is how I find new companies to invest in.
I have explained this before, but I do like to buy into turn around stories if I think the management has changed and the problem(s) can be fixed. I have been keeping my eye on YOW for sometime hoping that there was going to be a chance to buy in (hence the interest). After a lot of study I have come to conclusion that YOW has no chance and so is not worth buying.
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