Replies to post #96 on INNOVATE Corp (VATE)

[downthehatch]

Over-reaction to earnings miss today. As they said on the conference call, a lot of the miss is timing issues related to the infrastructure business. They still have a huge backlog, and are generating better margins than in the past.

So I bought some more here under $2.00.

I think I'll be pretty happy with those down the road.