Post by
foghat on Jun 05, 2015 11:27am
The best time to buy a stock...
is when other investors are scared sh*tless. While admittedly the delay in completing the financials is worrisome, when you look at the fundamentals of LOY it seems to have a bright future. I was lucky enough to load up on PHM when it languished in the low .20s and it seemed other investors couldn't sell it fast enough. I'm not saying LOY will be the next PHM, but I think it's prudent to take as much human emotion out of the equation as possible. Just my 2 cents.
Comment by
nnneilio on Jun 05, 2015 12:07pm
If you look at the fundamentals, you wait until the financials are released since you don't have a clear picture right now of what is going on. Buying right now is a gamble, and depending on your appetite for risk, it might be worth it, but this could just as easily go to .20 as .60 at this point.