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


To: Paul Senior who wrote (64686)8/24/2020 5:07:44 PM
From: Madharry  Read Replies (2) | Respond to of 78958
 
Whenever i hear about somone giving up on a stock because it hasnt moved in a while. i remember my friend who said he own amgen for about three years and didnt make a dime off it so he sold it. It only went up about 30 fold over the next few years. it just surprises me when you own so many stocks that would drop a position only because its not doing what you want it too . i dont know how long bwel will be at this level might be for several more years as well . who knows. Barrons had a one page write-up on Softbank. Seemed to be full of criticism for Son then in the last line it said was undervalued and worth buying. thats what i gleaned from it. I am getting impatient with NRZ and reduced some of my position in that as well as OCN which has gone down after the reverse split. I found a couple of things i want to buy . I also added a small amount to my position in IEP on the dip today when it went back to being a 16% distribution. I sold a couple of puts in AIG this am. I still have a small losing position in it, but i am hopeful for gains at some point because of the large bv and the safe dividend.



To: Paul Senior who wrote (64686)8/25/2020 9:29:50 PM
From: Spekulatius1 Recommendation

Recommended By
bruwin

  Read Replies (3) | Respond to of 78958
 
Also intending to average up a little on my losing position in CVS.
How do you average up on a loosing position? That’s an oxymoron.