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Strategies & Market Trends : Value Investing
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To: Suma who wrote (21210)4/30/2005 1:53:26 PM
From: Paul Senior  Read Replies (2) of 78717
 
Thanks, Suma. I notice NPTH is up about 10% since you mentioned it a few days ago.

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It's like fishing. I guess I put way more lines into the water than anybody else, so I get a lot of hits too. Sometimes I get a bite right away (MEH). That is random, imo. Sometimes the fish gets off the hook before I reel it in (ADM $18, down $3.64 Friday). Sometimes the fish takes a dive and nearly pulls me in the water, 'cause I wouldn't let go the rod&reel (i.e averaging down on stocks that have just continued to drop, some into bankruptcy - GTI (ouch) may be the latest). And sometimes of course, there's big fish to be had (selling GI now between $26-29, purchased for $5-6 in '02)

I still have MEH shares, so I could easily be wrong on this one yet.

... And I have been wrong many, many times.
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