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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (38882)10/8/2010 7:58:33 PM
From: Paul Senior  Read Replies (1) of 78656
 
Got scared out of WRLD after reading this hatchet job:

seekingalpha.com

WRLD business model has come under attack many times. Yet the company has continued to prosper. I am wondering though if this time things may actually be different under the Administration's Consumer Financial Protection Agency rules/regs and Elizabeth Warren.

If the company is allowed to continue with its business practices, the stock at current price is again or still, a buy, imo. Otoh, if the business model is flawed because of new government (state and/or fed) rules, then the stock is a sure short candidate at current price (imo).

finance.yahoo.com

I guess I just don't need the aggro or uncertainty I'm feeling now. I've added and subtracted off my core position several times. At this point, I'll take the double in my core position, and close out the position there and in my trading shares.
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