SI
SI
discoversearch

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.
Non-Tech : Gentex (GNTX) -- Ignore unavailable to you. Want to Upgrade?


To: HiSpeed who wrote (144)9/24/1998 10:27:00 AM
From: Turs  Read Replies (1) | Respond to of 196
 
Yeah, I knew in general that below 14 was a good price and below 12 was an excellent price. If I didn't mention before, I ended up buying three times for, in total, an average price of 12 1/4. The stock will actually probably retrace sometime in the next several weeks to maybe 13. So if you missed out this time, be patient. But I doubt you'll ever see anything below 12 again.

As far as the IRA, I would consider letting some of those shares loose soon, but I still think the one year return from here will be about 30%, so unless I can find another compelling opportunity, I'm not sure I see the incentive to let go just yet. Of course, I don't want 50% of my IRA riding on Gentex forever.