Mr Butkus happens to be an excellent trader. He understands that when a stock is acting wrong, it is time to get out, unlike many "investor" types here who have ridden this down 50%, and now need it to go up 100% to get back to where it was. Lots of huge losses in this folder. Makes no sense to me, if you have a loss of 10%, it is time to get out, as you can always reenter when things are looking better. You all seem to think this stock is going down for no reason. Fact is there is a reason.
You all remind me of the IOM bulls who rode it down from 55-13. Smart move, they have sat with the stock for years, rather than having a system in place which would have limited the downside, and then reentered much cheaper. The Motley Fool methodology them all in the stock all the way down, and all I can say to them is, "nice hats". |
