Problem, for you Bobcat. You obviously have never bought and then held a stock that fell below your buy point. No troubles.
I can somehow understand the knee-jerk panic of novice investors, so I can't really blame you. But if you understand how stocks can jyrate, then you will understand how I made 130% in FIXC in 19 mos after it was down for most of the time I held it. And certainly you will nod in agreement as I relate to you Bobcat, how I did exceedingly well with Brooktrout Tecnology, which I bought shortly after its ipo at a split-adjusted price of 8. And I sold in two portions at an average of 39 after 2.5 years. For most of that time, Brooktrout was below my buy price. But you just don't get it.
Sometimes, you simply have to have the courage of your own gonads, and ignore the froth folks. If you were in the water/utility industry as I am, perhaps you would not be so ignorant re WORC. Wish I could tell you more.
Look, Bobcat, if you are still afraid of your own shadow, just buy some catt. There is no way you will lose on catt. It is a friggin plumb waiting to be picked !! Telecom equip. This is the 9th strongest sector out of 190 tracked by ibd. Should earn at least .65 per share this year. Gross margins north of 80%. Net margins above 30%. And check the price of it yourself, and see what you think.
Is CATT still too risky for you, silly scardy cat? And guess what? I own some. It is going to go through the roof. Eventually.
I dare you - please let me know immediately of a better stock right now than catt.
Victor |
