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Back to the old Gannett


Guest dealraker
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Guest dealraker

I had this dream....I thought???  Or was it?

 

I woke up one day and started doing some math on Gannett and thought I was damn crazy.  I ended up just buying 500 shares at $2.06 or something like that.  Then I just decided I must be mentally derranged to think I was reading something that said, "You are buying this stock at about 1/2 times last year's cash flow." 

 

Didn't buy any more of it.  Thought I must be crazy.  Didn't trust my sanity.

 

Now a young Warren Buffett would have doubled his net worth on this one.  That's why he's Warren Buffett and I just sit around reading about him.

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