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

To: Sean Collett who wrote (75697)	5/24/2024 9:18:21 AM
From: Paul Senior	1 Recommendation Recommended By Harshu Vyas Read Replies (1) \| Respond to of 78774

GTN. "I hold them still for the political boost we should see this year. Just need to remind ourselves this is not a buy and hold but a cigar butt." I've wondered if that is why everybody else holds too, and it's their election expectation. That's been me. With your comment, it further increases my concern though that if/as there is an earnings gain from election spending, holders expect to take their profits from a stock rise. I suspect it won't happen. More selling pressure than buying, and the stock won't appreciate. I've losses so far here, but only on a stub position. I'll just close it. Good luck to you guys though.