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Strategies & Market Trends : Value Investing

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To: MCsweet who wrote (44599)9/26/2011 8:07:13 PM
From: Lazarus  Read Replies (1) of 78717
 
you obviously are wanting to limit your downside --- and that's smart.

My concern is that if, for whatever reason, the earnings revert to 2009 or worse levels, the stock could revert back to the 0.50 range.

ok... so how is that different from any other stock? Ford went from $18.00 into the $9.00 range in 8 months. that's what stocks do.... and they dont have to be penny stocks to do it.

If I continue to wait long enough, maybe they will build up a low long-term PE :)

if you wait long enuf you will know everything you want to know --- cuz hind sight is 20/20.

just put it on your watch list and buy it if/when you feel the price is right.

every 10 to 100+ bagger i have ever owned was a penny stock. just sayin'.
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