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

To: Jurgis Bekepuris who wrote (38161)	6/3/2010 3:34:12 PM
From: Spekulatius	Read Replies (1) \| Respond to of 78462

Jurgis, re RIG, NE, drillers - interesting that you are so gloomy after the stocks have a 30% haircut. Did you in fact believe immediately after that disaster that nothing would happen and it would be business as normal after 2 weeks? Message 26504302 Not trying to scold anyone but selling and asking questions later is often not a bad strategy if something unexpected happens. As a small term investors, we have the benefit that we can sell our positions on a moments notice - I imagine the institutions need weeks to dump their positions if they own many million shares.