Value Microcaps Free-For-All

[Bobwins]

Thanks Jaybird for AGM. I bought some yesterday and it's up today. I like the story. The basic business is solid and this is a quasi government agency with excellent fundamentals compared to FNMA or Freddy Mac. Good earnings that are going to be clouded until they write down/off all their lost investment in Fnma and Fmac and the Lehman debt instruments.

But 2009 should be clean and move onward and upward. If they earn $4 next year, it has to be worth $20-30.

Didn't mortgage the farm here(pun intended) but looks like a reasonably safe play in today land mine environment.

Bobwins