SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Carl Worth who wrote (22893)12/30/2005 4:49:57 AM
From: Paul Senior  Read Replies (2) of 78741
 
Thanks for noticing AOB. I'm in from 10/04 @$1.40. (Current price $4.40.)

I am conflicted in some respects. I'd love to brag about my gains, how astute I've been, how wrong "everybody" else has been about one or more of my picks, and I'd love any accolades I could get.

HOWEVER, this is a thread about finding value stocks. Therefore, in the spirit of trying to help others (and myself), I believe it's much more beneficial to talk about losses - and I have a bunch of them. First of all, if I talk about gains, then more likely than not, the stock is - at the time I would mention my gains -, at a much higher price than a value investor here would commit to buy. So its mention is irrelevant to somebody looking for a value purchase. OTOH, if I mention a downtrodden stock like BMY, where I've said I've had enough, I'm tossing in the towel, and I'm moving on after holding various amounts of the stock for maybe 15 years, readers might reflect that if a "presumed" investor is giving up on the stock, maybe, just maybe it might be that others are doing similar and so the stock is near the bottom and/or that maybe the stock is now worth monitoring for somebody willing to commit fresh blood for a possible purchase and hold.
-------------
Sometimes I have the feeling that I'm like a secret part of each poster on the thread, unknown to every other poster. For example with you Carl Worth, I presume it's just you and I who care about and are monitoring CULS (in @$3.20 on 1/04, now $7.15) or WNMLA(in $3.4-3.9, now $5.10)

Message 20313639

For these stocks, as with others I have, if I get to the point where I believe such stocks are worth adding to, then I'll likely again mention them here. Otherwise, they're in the background unless like AOB, somebody else starts them up again.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext