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Strategies & Market Trends : Fundamental Value Investing

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To: Sergio H who wrote (2600)12/14/2012 1:37:04 AM
From: bruwin1 Recommendation  Read Replies (1) of 4720
 
"As far as our Buffett challenge goes, this post is meaningless"

I think you're being too hard on yourself Sergio. {:-(

Your contributions are always welcomed and appreciated.

I'd say that the section of GLW's chart, from about the 15th. October to the current time, is a classic example of that "Mr. Market" syndrome.
In only about 2 months the price nosedives over 20% from $13.75c to about $10.90c, and then surges back to $12.74c, with a massive gap in between.
I can't believe that many of those 'investors', especially those who took part in the first half of that "circus", had a clear understanding of the basic and inherent Fundamentals of GLW.
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