MagicCJA

Hold On to W Holding for Better Days Ahead

I definately agree. Back in the early 90's the NYC banks were struggling with diving commercial real estate prices and real estate loans going bad and interest rates much higher than they are now. Just like WHI has insider buying, a long track record, a good market position, and a decent yield, Chase Manhattan had insider buying, a long track record, a good market positon and a decent yield. Chase was selling at $10 per share, way way down from its peak, and it became one of the single greatest investments I ever made. WHI has all of these characteristiics. WHI just reaffirmed the dividend for 2007, so I would suggest that along with the insider buying this is a sign that management and the board still see a bright future. These type of opportunities are just very few and far between for the patient investor.