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

To: rjm2 who wrote (17603)	8/18/2003 5:21:03 PM
From: jeffbas	Read Replies (4) \| Respond to of 78520

"if a stock increases 250% in short order and one takes profits and cannot find anything else to buy, what is one to do?" If you don't have an alternative stock investment, maybe you should have been less "mechanical" in selling that winner. I bought FARO in the low $2's, when it was a growth stock selling at a value price, and mentioned it here near $3. If I had sold it at 2.5 times in short order, I would have taken $6, and also had nothing else to buy. In fact, I am sorry I did not add more at $8.80 on Friday, which I was seriously considering - because it will, in my opinion, eventually double again.