Pardon my intrusion, but I'm a bit lost,
I stumbled upon this place by chance and I've been reading a bit through your thread, its really quite disturbing...You seem to be talking about a methodology which in retrospect I have employed somewhat successfully in the past. I don't know whether to be happy or upset. I hope not too many others will find this place. Imagine if everyone started to buy stocks when they were absurdly low ? Then they wouldn't be would they ?
I happen to live in the semiconductor valley, and I learned sometime ago not to invest too far from home. So now I try to do it all locally. One thing that I noticed, I can find stocks that qualify at the buy end. Thats easy. When I have found these, I was too embarassed about my decisions to admit it to anyone for fear of ridicule. The problem I have is figuring out when up is up enough.
How not to get shaken out on the way. Please any advice in this regards ? When does a formerly out of favor stock become so "in" that its reached the center ? Is there some way to pick the upper 80-90% of the climb ?
As pre-payment for your time I offer for your consideration, although I understand your bias away from my sector of specialization, a couple of dogs among dogs...oakt for one, was in the high 20s, 30s, 40s or so not long ago, has fallen precipitously to under 10 recently, has a lot of pain, anger, anguish in its current thread, a shareholders lawsuit to boot, also former IPO as well; then there is almost the entire list of semiconductor equipment manufacturers, all of them reporting negative one year stock price roi's in high figures, lots of fear about over capacity building while demand is diminishing. I don't know these too well and have taken no position there but things are starting to look pretty lousy ie good.
Thanks in advance for any advice in my getting out at the top query,
Mike |
