Value Investing Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: E_K_S who wrote (27329)	1/18/2008 11:29:18 AM
From: E_K_S	Read Replies (1) of 78700

Sold 1/3 position in ABB for a small profit. Company could be impacted on any Global slow down and at current prices the PE is still high. Therefore there is not much safety if sales soften and with such a small dividend, the price could fall below $20 on any further sell off. I will look to add more shares around the $18 price range. Capital preservation is important in this market environment. I have 25% cash reserves that I am ready to deploy on further market sell offs. I am looking for another 5%-8% decline as the market trys to find a bottom. What's frustrating is as the market corrects, my cash reserves (as a % of the portfolio) increases but I see my paper gains disappear. Therefore, my strategy is to add to several of my current holdings at lower prices and even add new picks when the value opportunities present themselves. Holding good paying dividend companies allows one to wait, collect the dividends and let the price/value come to you. EKS

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next