IFMX - Investment Discussion Message Board

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Technology Stocks : IFMX - Investment Discussion

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To: David Cohen who wrote (12998)	2/22/1999 4:45:00 PM
From: Hardly B. Solipsist	Read Replies (1) of 14631

The guy that wrote that article apparently doesn't know much about statistics, either. One obvious reason that people will hold onto a "loser" is that, if they thought it was a good buy at $10/sh, it's an even better buy at $8/sh, all other things being equal. Of course someone writing a newsletter doesn't want you making judgements for yourself because they can't sell you worthless (but expensive) advice indefinitely in that case. If the chowderhead had split out cases where the stock fell as a result of some sort of significant change in the company's fortunes then this might have meant something. But as it is, it's impossible to conclude anything from it. Except that he wants us to buy his newsletter and subscribe to ValueLine.

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