Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Young and Older Folk Portfolio -- Ignore unavailable to you. Want to Upgrade?

To: Rarebird who wrote (1014)	6/29/2022 5:49:09 PM
From: chowder	Read Replies (1) \| Respond to of 22023

>> I understand you rely on the analysts for your stock picking while you focus on the income and monthly cash flow of the portfolio. << I wouldn't say I rely on them to pick my companies, my companies are already picked when I look to see what others are thinking. Once I identify what it is I wish to own I will then look to see if institutional investors are supporting demand at price points I identify for myself. I'm interested in adding to NKE at some point but when I see where Morningstar has fair value at $133 I'm not touching it here at $103. If I were relying on analysts I would be buying but I'm not. I have my own price points where I will start adding. I do look to analysts to see what their price range might be, that's exactly what I did in the comment that started this exchange with you. I had already predicted my price support level a week ago and this week I showed where a couple of firms came out and confirmed what I had already thought. So it wasn't a reliance, it was a confirmation. I saw where you bought BRT yesterday morning, what was it that you used to determine that was an asset to purchase at that specific time?