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Richard,appreciate kind word,s..... my horizon of time frame is much shorter and money management discipline do not let me keep looser,s or average them, also I do not marry stock,s or fall in love with their management or potential..... rather I try to listen what they say to me... here and now...... if message UP I go long ,if chart reverses,I take my 5-7% max loss and either sell or go short.... in regards with with PLAT, my personal opinion is.... potential is present ,but would not materialiaze, doesn,t matter how 'brilliant"will be future aqusitions,as long as management is so obsessed with them,that they forgot the fact that Plat is public co and shareholder,s value is CEO primary responsibility, also acqusition binge even if earnings ACCRETIVE is not what Wall street likes..... Investors/traders rather prefer a lot of Big Earnings Producing contracts, low expenses, excellent marketing and desire of management besides technological breakthrough,s to CONSISTENTLY INCREASE SHAREHOLDERS VALUE in form of dividend,s splits, buyback,s spinoffs..... non of which ' Flip" presently producing...... will he change in 2,3 or 4th quarter,hard to believe in a mean time stock is nothing BUT dissapointment in the face of the greatest Bull market,when people make millions dealing with other names....Unfortunately in a long run we are all dead.. what counts is here and NOW... Best wishes Magnifique |
