Paul: I agree with you, why would I be interested in MO? And it's true, I do day trade some(mostly swing trading) and hold long term as well, depending on the stock. Doesn't make sense, does it? It's just what has worked for me over the past 7 years. If I buy a stock and 9 months later it's completely overvalued, I will get rid of it.
I havn't made a decision one way or the other with MO. I have never followed the company, the stock, etc. The only thing that even got me thinking about MO was the article in Business Week I was reading yesterday. Of course, that's probably why I should stay away from it.
>>it's more an issue of whether this stock is suitable for >>someone who has the investment style and goals you've >>stated
I do hold long term at times, depending on the stock. Examples would be Merck and Mcdonalds held over a 5 year period, so the holding period is not an issue. I believe some stocks are great for day trading, others better for long term investments. I try to keep a combination of these in my portfolio. And yes, if I did take a position, it wouldn't be for a small # of shares.
>>All imo, and I've been wrong many, many times before.
Oh, I have been wrong to, which could easily be the case here. I am always open to other peoples opinions, and I do highly value all opinions on this thread. I try to learn from people that have many more years of investment experience than myself. I'm sure some of you have been investing longer than I am old...
CHB |
