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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Tim Luke who wrote (60799)9/17/1999 10:18:00 PM
From: Bill on the Hill  Read Replies (1) of 90042
 
Tim,

This is the first time that I have gone with your play on a buyout. I started watching your plays over a year and a half ago and at first I thought that I had only a small amount of money and thereFORE (pardon the pun) could not join in the game. I did that while losing lots of money on pennies and getting an education in value.

Then I thought that I had learned the momo plays and started playing better value stocks but also buying right and selling tooooooo soon. I was making the return but patience was the next lesson.

VOILA!! You and CS finally started to make sense to me. Not only as a buyout play but as a GOOD long term investment. Holding through earnings is part of investing and this is part of the education. I agree with you at this point as far as holding. A take out could go at any time and with my past history of selling just before major moves I would not want to repeat it.

So I will hold and my Bud David will hold. We are still looking for a boat to buy with the winnings.

Meantime Tim, thanks for the education. I will hold.

Bill

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