<<That implication of "$140 = a bargain" is something I choose
to dispute. Depending on your time frame, it may, or may not,
be a bargain. Do what you want, and feel free to have a "hard time"
about my opinions as well, as you say - we can each put our
money wherever we want. I prefer to buy low, sell high, and
I don't think $140 is low... >>
Mr. Harker, you seem like an intelligent person. One question sir. If you buy a stock at $140 and one month later it is trading at let us say $160, at that time you sell. Would you consider that a good investment or a bad one. Wouldn't that fit you criteria of buy low sell high? One of the first rules of life is that everything is relative. Relatively speaking couldn't $140 be considered buying low. So then isn't it just a matter of YOUR opinion that in waiting for the stock to drop to a lower price, you would then and only then make money. You were right when you said "Depending on your time frame, it may, or may not,be a bargain." You are also welcome to your opinion about $140 not being low for ATHM. But in reality, it very well could be a bargain even at these levels. I just recently over the last two years, have seen many get burned because of one dimensional thinking. ie. AOL, YHOO, EBAY, AMZN, NSOL, etc.. Every one of those stocks was NEVER a bargain. Only the ones with multi-dimensional thinking took advantage. They didn't have the bargain basement attitude. jmVHo
Ron Dior |
