I am accumulating this stock with little regard to anything or anyplace else in the world, especially Korea and CNBC pundits. My official rating is STRONG BUY.
I have found MUCH better results with TPRO in particular by placing day orders (not good until filled orders) at 1/16 or 1/32 lower than the last bid. Somehow, it seems to me that the MM's or whoever it is that accept my bids feel more compelled to do so when they know they won't necessarily be seeing my bid tomorrow (could be superstition and magical thinking, but this is my experience with Fidelity online trading).
I wish all good luck, and respect bears, but I don't need this money now, and believe that the company itself has a bright enough future with no y2k business at all to justify buying it in the 5's. Unless I'm mistaken, we're getting a price right now almost as good as the PP people got.
Honestly, no condescension intended, but BUY LOW -- especially when the low is the result of completely unrelated issues. I'm doing it with an averaging philosophy, packing away a little more each day in case there is a further drop. It may even pay to sell some stocks that have dipped only a bit to buy ones that have dipped a lot. The object of the game is to invest in the lowest priced stocks relative to their value.
I don't mean to cheerlead here, but if you strip away the ego arguments on both sides of the debate, and look at the research that has actually been done (not even including the y2k scare stories) you'll see that you have a unique opportunity to take advantage of the time-consuming research that OTHERS have already done for us. This is a competitive advantage, and it's what we paid our 79 bucks for to join this thing.
Good weekend to all. |
