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Strategies & Market Trends : Value Investing

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To: Jack O B who wrote (47602)	4/24/2012 11:53:30 PM
From: Spekulatius	4 Recommendations Read Replies (1) of 78470

Two posts and you start already complaining that co-tailing our picks does not work. I'll tell you one thing - co-tailing almost never works. As for NEM, I thought my post was pretty clear that I did not add yet and I explained why. If I believe that information is out there, that I am not privy to and that the market has not have digested either, I will not add unless the valuation is absolutely compelling. In NEM case, the earning estimates for NEM have gone down by almost 10% during the last 30days and I need to understand why. I think we will know on 4/27 and I will rather hold out a few days until the new information is public. I think buying right now before earnings is an absolute crapshot for me because the price may move either way.

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