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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (61808)3/14/2019 6:44:15 PM
From: Spekulatius   of 78802
 
SENEA. Over the decade I've been in and out three or four times with satisfactory results all but once. So trading sardine? Possibly so. Value trap? Not sure. Lousy business, subpar returns, poor history, etc.? Yes, surely. Future does not seem any better.
I recall a few of you traded. It seems possible to buy in the low twenties and sell in the high twenties for a couple of times.However, there is no guarantee that this will work in the future. I could well envision that investor will wise up on this go - nowhere stock that does not pay a dividend and the stock will trade lower, or won’t go up as far any more. In any case, a lot of stocks can be used as trading sardines, even those that may be worthwhile to hold on to.
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