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Strategies & Market Trends : Value Investing

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From: Paul Senior7/31/2009 3:54:54 PM
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This cash-for-clunkers is really something. It surely seems to have helped the auto dealers' stock prices.

If only I could find a store that sells confidence. I sure could use some. --lol. Achh. And 10-20 points more of IQ would help too.

Astounding to me: Approaching ten baggers now if somebody had the nerve/skill/money/confidence/patience to buy these stocks at their lows of a few months ago. Or just plain good results if bought anytime Nov. - May.

finance.yahoo.com

In PAG since May for an exploratory position and am holding on. Have to count my blessings here. Something is better than nothing. Still, I've been tracking these stocks for years, closely the last several months, and doing nothing about them. Ugh...almost criminally negligent -g-

There may be some trading opportunities yet though. For me, as these stocks approach/exceed 12 month highs, I need to turn aroud and walk away: The door to the value party in this sector is closed for me.
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