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

To: Grommit who wrote (31971)9/12/2008 10:46:54 AM
From: Madharry  Read Replies (2) | Respond to of 78567
 
I suppose if you can tell me where the line is drawn between investing and speculating, i could tell you whether i agree or disagree. unfortunately the way things are going these days it seems like most investments are turning into speculations. Is AIG or LEH an investment or a speculation? a year ago Im sure you would have told me they were investments.



To: Grommit who wrote (31971)9/16/2008 2:47:07 PM
From: Paul Senior  Respond to of 78567
 
Suffering with a full position in ALD, I'll now add a few shares of its debt note, [t]AFC[/t].

If AFC will not drop much further, and if ALD business could just continue on, I should be able to be satisfied with no capital gain, just the yield on my purchase price, about $1.72/11.


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