GREY:CLLZF - Post by User
Post by
bnwon Nov 09, 2012 7:21am
261 Views
Post# 20580277
Ugly stocks
Ugly stocks My strategy is to buy good companies that have gone ugly and apply patience. In most cases they come back and more than offset those that don't. But there is ugly and uglier. I've got an average cost of 73 cents and I will need this stock to almost double just to get my money back. I see no reason for hope and have curtailed my routine of dollar cost averaging. This ugly dog is looking more and more like my tax loss candidate of 2012. The 3rd Q results are scheduled for November 14th. That should tell the tale and I'm guessing, be the final chapter for me.