Skeeter Bug,
Re: post #5003
rill, how about doing another comparison for msft when bob first recommended it.
I will be more than happy to perform this task for you. Unfortunately, I do not have the copies of the issues where Bob recommended MSFT. I know his cost basis is around $3 3/4 and I believe he recommended it in his October 1990 issue. Also, I believe he made further recommendations to buy after his initial buy recommendation before he went to a hold rating.
For the sake of continuing to be precise in my comparisons, will you, or anyone else for that matter, please e-mail me copies of the issues that contain these recommendations? In order to make a fair comparison, I need to know the exact prices of the recommendations and the exact dates of when the recommendations were initiated. Furthermore, the exact text of the recommendations would be very helpful.
P.S. To the best of my knowledge, there should be at least three different recommendations; the original buy recommendation, the second buy recommendation, and the hold recommendation.
Re: post #5044
rill, and intc? and msft? where is that comparison?
Correct me if I'm wrong, but I do not believe Bob has ever recommended INTC? I believe Bob has said he uses INTC as a "trading stock" and it would be an exercise in futility to recommend INTC on the air because he may be in and out of the stock at anytime during the week and we only get to listen to him over the weekends when the market is closed. Therefore, his personal trading account is of no use to his listeners.
Furthermore, it seems Bob has never lost money trading INTC. I can't recall one time he has ever said that he had made a bad trade with INTC. It seems that when it goes up during the week, we find out he bought it before the run-up. And when it tanks, we find out he got out before the drop. HE CAN'T LOSE...He must have the ever sought after crystal ball...<g> At any rate, I do not believe Bob Brinker's word falls under the FASB's generally accepted accounting principles. Therefore, there is no way of tracking his trading performance for INTC, or any other "trading stock" for that matter.
the good comes with the bad... why do you ignore the good?
Exscuse me, Skeeter, but I do not believe I ignore the good. First, as of today, I have covered five(5) different stocks that Brinker has recommended:
1)Ultratech Stepper
Message 3589220
Message 4245276
2)Komag
Message 3629468
3)Stanford Telecom
Message 3706289
4)Uniphase
Message 3707213
5)Applied Materials
Message 4519762
Of these five, two have been outright dogs that have never performed (Stanford Telecom and Komag). Two more have been profitable recommendations that have not beaten the S & P 500's performance in their respective time frames (Uniphase and Applied Materials). (See Uniphase post for further explanation.) And the other is an ongoing recommendation that hasn't been performing the way a "ROARING BUY" should perform, but nonetheless it has until January 1999 to play out (Ultratech Stepper).
Second, I would refer you to post #4011 titled "What I like about Bob Brinker":
Message 3675167
He has shown me the benefits of "quantum-leap thinking", "paying myself first", making maximum use of tax-deferred savings vehicles, the power of reinvestment, investing in quality, using no-load funds, and "triple diversification". Also, I repetitively thank Bob for showing me the advantages of indexing.
what is the agenda? you speak of spin being bad and then you spin negatively on bob's picks by ignoring his homeruns.
Skeeter, I do not SPIN. If you sincerely believe this, then you have been brain-washed by Justa W. and Don L. My posts are factually correct. I welcome you to show me, specifically, where I have put a "negative spin" on any of Bob's picks.
As far as his "homeruns" are concerned, supply me with the information I requested above for both MSFT and VOD, and I will follow it up with a fair comparison. I promise you.
I plan on addressing my so-called "agenda" in the near future, but suffice it to say that I believe Bob's success of picking MSFT and VOD have been very clearly pointed out by Justa W., Don L., posters on not only this thread, but others as well, and by Bob Brinker, himself, to the point that the average listener is fully aware of these recommendations. I have no intention of ignoring these "homeruns". I was planning on addressing them at some point as I have stated from the beginning of my comparison posts (#3831). Granted it has taken me longer than I had originally planned, but I do have a career to attend to.<g> I simply thought that I could have added more value to this thread, at least initially, by mentioning some of the lesser known recommendations than simply rehashing what Bob constantly reminds us about. (ie. MSFT at a split-adjusted $3 3/4 and VOD at a split-adjusted $17) Don't you agree?
Re: post #5045
justa, that same person holding amat could have sold well above $50 for much richer returns but shrill rill left out that nugget of fact.
clearly, shrill rill is out to toot his/her own horn at the expense of bob. too bad and very sad...
Skeeter, my intention is to address Bob Brinker's stock recommendations, not what individual investors cold have or couldn't have done. The fact of the matter is that Bob never said one should have sold AMAT above $50. Therefore, if someone had the foresight to sell AMAT above $50, then I would credit that person and that person alone.
Finally, I'm hardly "tooting my own horn". I can't time the market and I believe no one can consistently time the market, not even Bob Brinker.
Best Regards.
Rillinois |
