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Strategies & Market Trends : Value Investing
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To: Paul Senior who wrote (22317)10/22/2005 3:33:09 AM
From: Dale Baker  Read Replies (1) of 78594
 
Given this position on bad news, why do you often buy a stock or add shares on bad news? I have seen you do that many, many times. I assumed you believed the inherent value in the stock was made even cheaper by a bad news event, hence it's a better buy.

It's part of your strategy that always confuses me, since I try to sell on bad news and never buy bad performance. I would be curious to hear your thoughts on this.
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