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Strategies & Market Trends : Buffettology -- Ignore unavailable to you. Want to Upgrade?


To: Freedom Fighter who wrote (2547)6/17/2000 3:27:00 PM
From: Shane M  Read Replies (2) | Respond to of 4690
 
All,

I think I posted here several months ago when I opened a position in Sabre Group (TSG) based somewhat on Buffettology characteristics. I just wanted to let everyone know I closed that one out at a loss on Friday.

Over an extended time frame it has continued to make repeated new lows and it's time to cut losses since something is going on with the company that I don't understand. The cash is needed for a down payment and the loss can be used for tax purposes.

Shane