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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: accountclosed who wrote (37326)11/23/1998 3:36:00 PM
From: Ilaine  Read Replies (3) | Respond to of 132070
 
Antoine, I don't know. I keep saying, I don't really know what I am doing. I am reading Al Frank's "The Prudent Speculator," he says you should sell when you think the stock is fully valued, but if I did, I'd be missing out.

I picked up a few things when everything dipped in October, other than that, like you, I like to pick up troubled stocks that have taken a hit but are still fundamentally strong. I was kicking myself in the rear for not selling Pfizer not long ago, it ran up to 111, then back down to what, 106?, but now it is at 115?

I am reading the chapter on stop losses. That's why I was curious about how to value a stock, but came away convinced that I could not do it.