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


To: Dale Baker who wrote (13937)2/14/2002 7:21:26 PM
From: Paul Senior  Read Replies (1) | Respond to of 78644
 
Certainly some great opportunities with that method, Dale. Gambling machines and gambling software stocks, for example. Very long-term uptrend in some of those stocks. Still, my preference is to seek out and to buy low rather than to buy high and sell higher. Because if a relatively expensive stock (i.e one that I've entered after a big move has already occurred) corrects on me, my inclination is to say I shoulda known better, take my lumps, and move on. Whereas, if a value stock that's not had a big move craters, I'm in a position to reassess and maybe add more to the position. OTOH, some of those stocks have kept going down to zero too. No system or tactic is foolproof,

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Dale (or anybody else here who follows the stock), what's your current opinion on UCU as a buy now for a short-term hold (12 months)?

finance.yahoo.com

To me, the stock looks appealing, and the business looks out of favor.

Paul S.