IDTC. Ouch. Yes, I own it. And it and I are having quite a fight. The stock was mentioned here as a value stock at about 12-13 or so, I think. I've bought more on scale up. At some point I came to realize I own way more than I should. And that I don't really know what's what with the company, and I can't find anything to hold on to that I think or thought provided a margin of safety. So I sold bunches and missed the latest rally. A couple of times recently, I've tried to trade the stock, and that has not worked out well. I do believe that there are some stocks that no matter what one does or when, the fates are against you. And I've found IDTC to be one such stock for me. Plus, I know it's really very dangerous to get sucked into the enthusiasm of a particular thread--and on the IDTC thread I've succumbed. I need to be more aware of such temptations. And to consider Vegas, the dice tables, more carefully as an alternative to my short term trades. (And I'm serious.) Anyway, that's it for me with IDTC. Shares of IDTC I have, I'll hold for a while. (PS: admire your courage and convictions and control with IDTC. VERY NICE job there Armin!)
Have all of my shares of THQI, and holding also CNS (Consolidated Stores-KB toys). Sorry I didn't follow you in selling and rebuying THQI. Nice moves you made there. If TOY comes down a bit more (below book value), I will likely add more to my very small position. I am thinking still of my last post here regarding TOY and ETYS. E-toys now with a market cap. of $5.3B and 307 employees vs. $3.7B and 70,000 employees for TOY. Etys is a short; TOY is a buy. Just can't believe all these companies can be profitable with their toy operations: DIS, AMZN, ETYS, etc. Regarding MWY- just wanted to trim my position-- take a little profit to offset some losses elsewhere; I'm not concerned with current reported profits-- future for MWY still looks good to me.
Paul |
