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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (4508)4/7/1998 1:06:00 AM
From: Ken Brown  Respond to of 42834
 
I can't let everybody comment on this UTEK call (which I missed) without putting in my own two cents. :-)

1). I don't see how this caller could accuse Bob of getting in too early. There's no way Bob, or anyone, can guess how/when the market is going to price into a stock a future event. There's also no way to know how the future is going to play out. UTEK is currently under pressure due in large part to its disk drive component division. There was no way to have foretold that event back when Bob first recommended it.

2). I do believe Bob got a bit too enthusiastic with UTEK - caught up in the euphoria? :) - when he raised his buy target to "under 30". So did I, since I added to my position when it dipped below 30. When a stock is doing well, it's easy to believe it's going to continue to do well.

Ken