Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: E_K_S who wrote (19764)	10/5/2004 10:29:45 PM
From: Paul Senior	Read Replies (1) \| Respond to of 78627

Shippers: my opinion: at this point, continue to hold. Somebody might be adding - I find it scary. But... sigh... profitable and maybe right. I have positions in all the shipping companies mentioned here over the past few years. VERY sorry I haven't recently added to FRO. (FRONY from the old days.) Have added to SFL recently, but looks like FRO was the better, correct bet. I have been wrong on how far these stocks could move and how much an investor should bet here. Nevertheless, I have been, and am, in, and I'm holding on. I count my blessings. We could talk about FRO and how great a bet it turned out. But if you missed it - the price appreciation, the spin-off and IT'S rise, the large FRO cash dividend - ah, forget it. There's only the future, and my guess is ... hold. In past I have been wrong, quite wrong - it just would've been so much better if a punter bet more as the stock was rising. Can't figure if smart money is or is not leaving. These stocks often sell at low multiples, so bargains may be elusive on such measures as p/e or forward p/e now. Seems like future still favors these companies. bwidk. Still, as I say, I'm in for a position. If you've got good reasons for adding/buying now, let me know and I'll try to up my courage for a few more shares.