GREY:VALGF - Post by User
Comment by
SDRSP1on Feb 08, 2008 10:28am
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Post# 14338320
RE: OT - VAL Board.
RE: OT - VAL Board.J rock, I've learned from some very good people, and what I learned was:
If you like a deal and the management, you buy it and hold it until (a) the management shows itself to be incompetent (b) sector or economic fundamentals turn aginst you in a meaningful way, or (c) you make profit and reduce your holdings accoringly.
This is how you make big money in this game. Anyone can be armchair QB and "Imagine" what news is.
Every deal that has put out news in this market has been sold down badly. Nervous Nellies are panicking and want liqudity.
This may not be the right stock for you.