SI
SI
discoversearch

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 : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: 4C who wrote (37657)12/2/2005 9:46:17 AM
From: DetectiveT  Read Replies (2) | Respond to of 313120
 
STF,

Thanks for your perspective and clarity on fundamentals vs. non fundamentals, especially about undervalued companies staying that way for a LONG time.

Regarding having your portfolio hit, I think most investors in precious and base metals had a rough year, but hopefully that will change now!?

Cheers,

DT



To: 4C who wrote (37657)12/2/2005 11:25:17 AM
From: Julian Augustus  Read Replies (1) | Respond to of 313120
 
You are right: an undervalued company is not necessarily a good buy, because it can remain undervalued for a long long time. Nevertheless, sometimes the promise in buying a dormant undervalued stock pays off, spectacularly. Check a long-term chart for SWG.T. It sat around $2.00 for the longest time while knowledgeable analysts like Claude Cormier kept pounding the table about how undervalued it was. When it finally moved, it shot up like a canon, going from $2 to $17 in a couple of months, if I remember correctly.