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Strategies & Market Trends : Anyone following Capstead (CMO)??

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To: John S. Baker who wrote (127)9/26/1998 3:48:00 PM
From: James H  Read Replies (2) of 216
 
It was either buy more or throw in the towel. I'm holding several stocks that I bought during times of bad news. Xon during the Exxon Valdez incident. Stock did a major drop, but obviously recovered. PG during it's big derivative loss of a few years ago. Companies do stumble, those that started lawsuits should have been buying in the 2's instead of wasting the time and energy to recover the small sums they will see. Good luck on your investment, I think you'll be happy down the road you bought at these prices. I'll be happy to see double digits again and a dividend. You might want to take a look at the CMO drip, very user friendly, no fees, and prior to the mess they were giving a discount. JSH
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