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

To: Spekulatius who wrote (21749)	7/24/2005 1:32:59 AM
From: bruwin	Read Replies (1) \| Respond to of 78717

At the risk of repeating myself, Spekulatius, I believe I stated in my reply to Paul Senior (21742) that I considered HANS to be currently on the expensive side. Therefore there is every likelihood that its price could fall back. I’m sure this could also have been encouraged by comments from the likes of Herb Greenberg. ‘Analysts’ and financial commentators tend, in my opinion, to have their followers, some of whom react to their pronouncements, irrespective as to the quality of their contents. If an investor has studied the financial statements, and other things besides, and has come to the conclusion, based on these Facts, that a company has the potential for making and increasing profits in the future, then that investor will see these fall backs as potential buying opportunities. This is one of the reasons why I posted charts of three companies on my web site that showed price increases of between 96% and 154% in 12 months. They are currently showing between 131% and 209% in 18 months. However, during those periods they also had price fall backs due to selling pressure, for whatever reasons. But the inherent Quality of their fundamentals has continued to be the driving force behind the overall increase in their stock price. I’m sure the same will be the case with HANS, as long as the information contained in its financial statements tells us the same story. What may happen to a stock’s price over a 24 or 48 hour period, is, I believe, of more concern to Day Traders. For those who are in it for the ‘longer haul’, it’s the inherent Quality of a company’s financials that is the overriding factor. But that’s just my opinion.