Respectfully, with all the nonsense you spout on this thread, I'd like to know how much money you've made (lost) YTD or the last 3 years in your positions in gold, treasuries, etc.
I once got scared into selling DELL last November by reading the "I'm telling you so" nonsense of another "contrarian" on this thread named McNabb Brothers. I locked in profits then re-researched the fundamentals of this company and purchased DELL again (15 points higher). No matter that the stock didn't move for two months, I'm still 150%+ higher in the stock today than in November 1998 (and 52% YTD in my overall portfolio). Can you make that or similar claim?. I guess that is why I didn't really care that the stock went down 18 points on Monday. I follow this stock closely, and think I have a feel, for my own personal investing style, as to when this stock gets ahead of itself and when it goes down to a level where I can feel comfortable it will rise again (50 DMA). So yes, I do sometimes bet on its short term prospects with PUTs & CALLs. However, this company has fabulous business fundamentals and even appreciated this year (due to consistent 50% plus top line & bottom line year over year growth) during a down 2 quarters for the Computer Sector due to continual ASP pressures and a short term inventory glut, so I maintain my long position. And, I don't feel the need to rant about it in multiple posts per day.
So what makes you so sure of yourself about DELL and the Market that you can so arrogantly tell everybody what WILL happen and HOW to invest. It's people like you who scare the part-time or novice investor into doing things they will end up regretting. Let people make up their own minds.
One more thing, you will be correct one of these days (years) down the road with your DOOM/GLOOM forecasts, like all the other "talking head" bears paraded out on CNBC. But so what, history shows that the equities markets are on a long term up trend punctuated by short (months or years) downtrends. Until the story and business execution start to change for DELL, I don't believe you can go wrong investing in this company. Yes, one day I will sell, but not until the story changes.
Just needed to get that off of my chest.
Mark |
