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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?


To: Mike Buckley who wrote (22874)4/16/2000 11:25:00 PM
From: Rick  Read Replies (3) | Respond to of 54805
 
I was thinking of adding another question to the FAQ based on last week's wreck.

M. This may all be very well, but I just bought a Gorilla stock and it went down. How come?

Gorilla stocks, just like most other forms of investment, may appreciate or depreciate over certain periods of time. In fact, no stock appreciates in a straight line, and it is not our belief that a Gorilla will never drop. We know that Gorillas, like other stocks, are influenced by market conditions, Momo players, FUD attacks, and margin calls. Our theory, however, is a long-term buy and hold strategy, and asserts that over any appreciable length of time a Gorilla's stock will outperform its competitors.


What do you think?
-Fred



To: Mike Buckley who wrote (22874)4/17/2000 12:23:00 AM
From: chaz  Read Replies (4) | Respond to of 54805
 
Mike--

I really don't think a blanket statement regarding selling versus holding will be valid in all situations. We have clearly just come from levels at which selling and paying taxes would have made sense, because this decline would allow the purchase of even more shares than you would have held by not selling, and in the ensuing recovery to previous levels, the seller would be in a richer position than the holder.

--Chaz