Ralph - excellent points.
Daniel - you've got a valid point, but your threshold for pain is unbelievable. Not to make this personal, but when are you going to call a spade a spade? JD has only recently begun issuing his sell orders, and I'll bet my paycheck it's from listening to the well-thought out "bitching and moaning", as you call it, of us shareholders on this thread. He picks some great companies that make their shareholders money, and he picks other great companies that unfortunately lose for their shareholders great sums of money. The difference, if I may paraphrase Ralph, is recognizing and admitting that, and advising us to sell when appropriate. Long-term view notwithstanding, tell us to sell high and buy again when he feels the stock has bottomed out. This "paper loss" in excess of 60% is unnecessary, especially if because of an inherent refusal to sell.
For the record, the only JD stock I own at this point is CWP - great company. I am considering taking a substantial position in CCI, especially below 95. I took it in the ass on SEW. |
