Just wish I had perfect information.
Even with perfect information, you still wouldn't have a rational market. The only answer is patience. After you analyze a company with every resource available and take a position at distressed levels, the rest should be easy. True, we'd all like our stocks to double in a month, but that seldom happens. I'm just glad when I get a couple moving at once. Today it was ANIC's turn. Down and dirty suppliers I've mentioned from time to time, they stand to gain from the inevitable cable upgrades connected to T's announcement. And, not surprisingly, JDS Fitel (JDS/TSE), another cable, fiber (and DWDM) supplier. Up 3.33% today.
If the global economy hadn't turned widdershins, investing in telecommunications/networking would be a no-brainer. As it is we're walking on ice, watching for dark spots.
Night --
Pat |
