<<I 'll be glad to stand corrected.
Meanwhile ,Advice to JDSU investors:
Do the opposite JBinPA says.
Advise to you:
Give up investing and go back to playing video games
TA>>
I wont step in the middle...it's obvious you guys don't like each other much,....and I don't take sides either. I am a JDSU long. I love the company and think long term, she will be one of the best to own. However, you mention we should do the opposite of what JB says.....again, I wont get in the middle of who's righ or wrong, because nobody knows until it has already happened, however in response to luther, his advice, which was the same as mine basically, was very sound advice. Frankly, it has nothing to do with jdsu....it had everything to do with the cautious use of margin. You and JB obviousy disgree on JDSU, but can you honestly say you disagree with him, I or anybody else, recommending the cautious use of margin at a time like this? Hey TA, you and I are JDSU Bulls so I am sure we'll get along just fine....but, I do agree that now is not the best time to be leveraged to the hilt on margin...maybe a little margin, but anything can happen the next few months. I have no doubts or concerns about jdsu long term, but short term, there is no telling if Mr. market allows it to break thru $70 or come back to $30's or $40's......considering I think JDSU will be a $200 stock again one day, I would sure hate to see anybody being forced to sell 3/4 of their position in the $30's or $40's simply because margin level was too high and market conditions put a short term whacking on the stock....anyway, you and JB have fun....You both have intersting posts and I love to hear both sides of the coin, but in this instance, I have to agree with JB ( who was actually agreeing with me <ggg> ) that everybody should be cautious with using large % of margin. Use margin if thats your thing, but go easy.....I think we both ( JB and me ) were simply concerned that ...I think it was luther....said he had gotten a margin call, or was close to it....but then he said he ended up buying more. My post was to luther was from the heart. It's happened to me...and happened to lots of folks and it aint no fun being forced to sell something at it's low........
anyway....good luck to all JDSU longs....great company....a must have for any portfolio, and instead of freaking out on any dips or massacres we may see in stock price, get excited and tell yourself how happy you will be if you can again buy jdsu for $30 a share...if you like jdsu long term.....then the lower she drops short term, the better it is for us long term. I was buying jdsu at $100+ last year and for much less this year....I'll gladly buy some more in the $30's, if mr. market desires to bring us down that far.
have a great day everyone....next few weeks/months will be very intersting indeed.....a wild card is closing of sdli deal
keith |
