Added at $77. It might not be the exact bottom, but I feel we're close.
OT: My powder was ready for GMST today, but I found a (better) gift in NTAP. I'm all tapped out now, as I added to SNDK earlier this month. I much prefer adding to, rather than creating, a new position in a stock.
I guess this is the FUD you were talking about. :-(
Being new to G&K investing, I find it amazing how this portfolio has been (systematically) taken out to the woodshed. What isn't so amazing (more-so rather unfortunate) is how analysts and the media create hype in these issues to where these stocks become not so much an issue of quality, but rather one of who-holds-the-door-last risk. These "pundits" who are not in it for the long haul create cancerous stockholders at best, and obviously do the most damage to the G&K priciples.
However, I will say, that this market is efficient to the point where it allows folks who are getting their feet wet in (G&K) investing, to enter (or accumulate)at "reasonable" prices.
Best,
John@ihopeweallmakeapotfullofmoneynextyear.$$$ |
