To: Paul Senior who wrote (49695 ) 10/8/2012 9:58:26 PM From: Spekulatius 1 Recommendation Read Replies (1) | Respond to I don't see the promise with CLC. It does seem that you have trouble to explain your purchase in this stock. Which brings up a question that I wanted to ask before: why do you buy stocks that you don't consider a value at the time of purchase? Examples are CLC, EXPD and CFR that I remember recently. These stocks were not a value by your own admission, when you purchased them, but apparently you liked the companies and purchased a small position. Subsequently you sold the stock (which failed to go up) and the reason is not quite clear either. Was it that you researched the business, and decided to buy some stock, just to justify the time you spent on them? This sometimes happens to me, that the longer I look into a particular sector, the more value stocks I find, mostly with not that great results. It's like itching to play in a poker game, even if you know that your cards aren't good, just because you feel like you need some action.
