My grammer is not going to make me any money.
I'm not sure your investments will either. Just to set the record straight, I have more than doubled my money on APCC in less than two years. As opposed to being frustrated, I am quite pleased with this company.
Maybe this is not a glamour stock in a glamour industry, but this company has done a phenomenal job of becoming THE market leader, and continues to maintain an edge over its competitors.
Despite any networking slowdowns, people are still buying servers. Everytime they buy one, they hang a UPS off it. And the brand of that UPS is usually APC. Home users are still buying lots of PCs, and as opposed to in the past, power protection has become a more significant issue. APC is recognized as the best supplier of this equipment, which is now not much more than a good power strip used to cost. Deals with major PC suppliers has insured there leadership in this area.
APCC also is not one of these blowhard companies that is always saying what great earnings they will produce. Rather, they seem quite modest in their approach to the investment community. Their price fluctuations at times seem almost predictable, with occasional "surprise" spikes. It almost seemed like a nobrainer to buy at 15 1/4 and sell at 24, although luck had to help.
I expect the stock to hold above 19, return to 24-27 in the near term, and be comfortably above 30 by year end. Of course anything can happen, and this is merely my opinion. But I feel that it is a lot more sound than the foolish theories you have presented (like the one about people selling as soon as they reach long term holding status).
Now, do you have anything more worthwhile to offer than
Thissa dogga gonna goa downa. ? |
