keith....when you are "close to a bottom", why "speculate", when there are "real investments" that can be made??????
one rule of investing, that most forget, and was a major component of the "bubble", is to only buy companies that have an unbroken string of profits....
you state you are a businessman....would you buy a business that has lost money continually because it is "cheap" or would you buy a business that has always been profitable and has become fairly valued or offered at a distressed price due to unusual conditions????
real estate..prefer a cheap fixer upper in a bad neighborhood, or an distress sale, move in condition, on the right side of the tracks?????
buying stocks is no different if you are an "investor"...any other conclusion is flat out speculation....
remember with all the techs that have warned and got hammered down on share value, very few have lost money, just not made as much or grew as fast as prior years, but still quite profitable.....
why bottom fish for that which is not profitable???? with all your belief in houses and market manipulation, do you or scott think you are ahead of the curve on dredging up unprofitable companies?????
no need to say anymore...some understand, some don't, some make money, some won't....
good luck....ride that rocket....
ed a. |
