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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?


To: Marty Lee who wrote (3139)9/20/1998 10:15:00 PM
From: Mama Bear  Read Replies (1) | Respond to of 18998
 
Marty, an apology to you for being so thin skinned with you earlier. I don't believe the market is rigged. It is just very hard to value some of these companies so the stock price jumps from one extreme to the next.

"Each company must be judged upon its own merits rather than by being associated with others on any particular list."

True enough, but when the list is called the 50 fastest growing companies in LA and a company that has been imploding rather than growing shows up on that list it brings the whole integrity of the list and whoever prepared the list into question, IMO.

"So who's got all the answers? "

Nobody of which I'm aware. It's why diversification in a portfolio is so important. If all the answers were known the market would be a very boring place.

Seriously, I really don't regret my involvement with Osicom. It probably taught me more about investing than any other position I've ever held. I've made quite a bit of money with the lessons I learned there, including in 2 position shorts in Osicom. Nobody can pick 100% winners. It's the lessons we take from our losers that help us improve the future.

As far as MRVC, I never really looked into it. So I really can't comment on it, except to say it looks like a broken stock from a quick look at the chart.

Barb