Glenda, Frank, Mike, etc:
Seems we have two thoughts here....RMBS the gorilla, RMBS the wannabe.
I'm still 100% Q (Lindy will be sooooo proud of me) but with new money, plus my previously expressed opinion that RMBS is one of the nexgen Gorillas (along with GMST, thanx to Mike and Stew), I feel some of my money ought to go into those stocks. This would not be a first for me....I've been gored slightly before, but mostly I've been left on my feet with fair pickings.
These two strike me as very different, mostly in that they have come so much of the way that it seems almost a slam dunk that they'll make it the rest, or at least, there's a much better than average chance that they will.
So here's my plan: Put 25% of new money into these two, and play them like they were already there....ie, hold and bear watch on the fundamentals, increasing the position if they improve, exiting if they stumble. I don't mean the stock price, I mean the fundies.
Higher risk than acknowledged gorillas, yes. Irrational risk, no, not as I see these. |
