Bob,
The guy has been too right for too long for me to ignore his recommendations.
Where the **** have you been. Bob has been dead right on being bullish for the last 7 or so years, but Bob has had many blunders that I have pointed out Ad Nauseum <sp?>. ie: KMAG, STII, New Asia, UTEK, Montgomery Emerging Markets, ONTK, chip-equipment stocks, KO, etc....
Let's see where we are 3,6 or 12 months from now.
What's the point? If we wait 12 months and he's not right he'll just keep pushing out his time frame a la Mr. Bow-Tie and Michael "The Great Bear" Metz. UTEK is a great example of this. Others include STII and the chip-equipment group.
You know very well that if those Spiders would have bottomed anywhere near 110, Bob would have been on his soap box for the next 6 months talking about his incredible timing.
As for UTEK, I now have a cost basis under $18 as a result of expired premiums on covered calls.
Boy, do I feel sorry for you. Is your self-esteem so low that you can't even give yourself credit for your investment decisions? Bob has never recommended writing covered calls on UTEK. That is your doing only and it seems to have been a great idea up until now. Congratulations! Be proud of yourself. Don't be shy. Lift up that chin. Don't thank Bob for your lowered cost basis, thank yourself.
Best Regards.
Rillinois |
