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

To: Spekulatius who wrote (30607)4/9/2008 3:37:40 PM
From: Jurgis Bekepuris  Read Replies (1) | Respond to of 78666
 
Well, I added today to my position and will continue adding if it falls without news.

I also read that some people may hedge their art holdings by shorting BID. I have never understood any hedges, but if that makes someone happy, it's their choice. :)



To: Spekulatius who wrote (30607)5/9/2008 3:36:08 PM
From: Jurgis Bekepuris  Read Replies (1) | Respond to of 78666
 
BID reported today. And it seems that the company is still not run very efficiently. IMHO, the market was OK even with sales decline, but the runup of the operating expenses is not so good. IMHO, the report was very mediocre. I am holding still, but I will want much lower prices to add. And I want to see them manage their expenses better. It's as easy to run company into the ground by being profligate as by losing business.


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