Ramsey--You have been here as long as I can remember so I am responding to the thread by way of you. First of all, i feel like I am reading YHOO with all this whining. I too am disappointed with WIND's uniquely poor performance, but only during the last month or so. It is troubling, but all stocks seem to go through this now and again. Short of the CFO taking some profits, which I think we should allow our officers to do, I am not quite sure what WIND has done wrong.
Secondly, I see this belly-aching as a great sign that we are nearing a bottom. I am on the sidelines now in general and will stay that way until I have more confidence in the Naz.
Why do I complain? Well, to take an example, one poster complained about WIND's performance over three years. He could no have picked a worse time frame:
Take a look at a one-year chart vs. Nasdaq.
finance.yahoo.com
or a five-year chart.
finance.yahoo.com
BTW, the benchmark of the Naz is a very high-performing one, yet WIND has outperformed in both of these time frames. I am no genius. I have bought more or less through dollar cost averaging and sold when it looked like a good time to take profits, rarely at the top.
I have a 301% performance over 12 months, a 74% performance over two years, a 37% performance over 3 years, a 51% performance over 4 years and a 62% performance over 5 years. I am not complaining. I suggest that investors look at their own investment styles with a more critical eye. if dollar-cost averaging can produce these kind of returns, then WIND must be a darn good investment vehicle. |
