Sold most holdings last week!!!!! Challo, how could you?!?
My turn to play smug guru!
I bought TDW and ESV last fall (near their highs), and MAVK this spring (near its low). I have held on, through thick and thin, because it was so obvious that they would go up again sooner or later. How could they not, given their growth rates, low valuation ratios, etc., etc.? And I reasoned that even if the market fell, they would fall less than the current high-flyers, because there was not that much downside left to them.
But don't despair -- you can still buy ESV, TDW, MAVK, or any other grossly undervalued oil service stock out there (there are still plenty of them) with the winnings you cashed in last week! (That is, if you haven't already.)
Need any more advice, don't hesitate to call on me (JOKE!)!
jbe |
