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: hardincap who wrote (41830)3/17/2011 9:58:07 PM
From: Paul Senior  Read Replies (2) of 78751
 
BYDDF. My reason for selling is it hit my limit of loss where I'm at or beyond an inflection point where I have to do something-- either add more or sell some or all. My sale shares purchased 8-9/'09 @6.23 &$6.60. That's enough holding time and loss for me. I understand I don't understand the company and don't understand why I'm holding on (other than Mr.Buffett). Perhaps my issue. The company seems to imply it can move from its batteries to creating a whole car.

byd.com.cn

On the one hand, company financials look okay on a p/e to roe basis (which I use). Otoh, many Chinese stocks have as good or better numbers. And some/many just turn out to to be duplicitous. So risk/reward is an issue for me.

I'll continue to hold some shares for a while. If Mr. Buffett adds to his position down here, I'll consider buying more too. Otherwise, just going to hold or maybe look for an exit point.

Turning it back on you, what is your reason for your holding and for possibly adding more now? If you have a cogent reason for buying, I'll consider too.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext