Susan, no one has a corner on knowledge and all facts are relevant. Particularly the ones offered by SI posters.
While it's interesting to play the momentum game, it can be expensive if you guessed wrong, didn't get the order executed at the right price, and actually, it's just downright tiresome.
I'm looking at half a dozen VC "companies" and for many, the metrics are not unsimilar.
Drove by SFE the other day. Not your typical office complex but an amalgamation of cedar sided office buildings adjacent to a run of high tension wires that bring power somewhere into the NW Phila. area. That's good. Appears to be lean, at first blush. Like the style.
But like Mohan knows, it's child, ICGE, is probably more than fairly valued at this point. What affects the price more than fundamentals is the outright demand for its stock and the hunger of investors.
And I'm just as hungry as the next. But I've done the investment dance too many times to recognize that the truth in the following statement:
"Logic is the road to investment success. Emotion is the road to personal success. Reverse them, and disaster is guaranteed."
So, I've got to wait until the metrics that I recognize as logical tip the scales in their direction from the metrics that I recognize as emotional. A convoluted way to invest, but the only way I know how.
Best regards,
Mark A. Peterson |
