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

To: Bob Rudd who wrote (19273)	6/10/2004 5:57:22 PM
From: MCsweet	Read Replies (1) \| Respond to of 78523

STV, % McSweet: <<Why does the stock keep going down?>>More % sellers than buyers? ;) The Yahoo board is populated with % traders almost exclusively. The chart looks bearish, but % I see potential support @3...a tenuous technical % hypothesis, but this is primarily a fundamental play for me Funny answer ;) I don't focus on technicals, but I have been burned before for not knowing why a stock is going down --- you might be missing a major fundamental problem. Sometimes the problem is not known to the market but is known only to insiders. I am a lot more comfortable taking a big position if I have a good feel for why a stock is down. Sometimes the market is not so dumb. Sometimes I am the one missing something. That being said, it looks like a position worth taking --- at least a starter position. I don't necessarily think it is low risk (I'd call it a double stock rather than a low risk stock), but the upside seems attractive. Thanks for the recommendation. MC