RE: smokelucasI try to ADAPT to an extremely nervous market, enhanced by the "subprimerelated-worry" lately.
That implies that in extreme situations like these I am extra cautious. There are also long term risks.
I have been VERY successful in most of the stocks I follow and own or have own own during the this market worry since the beginning of August when the "second" round began in USA (and the TSX-V had just started a new period of decreasing stock prices on the average).
My TAM-analysis is updated when I feel there is significant new/altered fundamentals.
My buy/sell/hold-decisions are NOT solely dependant on the price target, but also on the, as I have stated, often CRAZY exaggerated price-movements on the TSX-V.
Anyone who hase not observed this movements ought to look more closer
I never BASH a stock that I find FUNDAMENTALLY undervalued.
That does NOT imply that I never see short term risks in the stock MOVEMENT, even if I seldom talk about it because I know some don´t like that and obviously interpret it (wrongly) as bashing.
---------------------------------------------
The big gains in TAM since last spring is partially due to many swedes buying (mostly through CIBC) after my heavy "promotion" at around CAD 0.50 in Sweden beginning the 26th of February based primarily on my TAM analysis (at that time more conservative in respect of 2007 price target).
Together with CalifDreaming´s extremely fine and detailed cash flow calculating and many other informative posters on SH, the TAM story became clarified and known to many smaller investors & speculators in North America and Sweden.
In Germany EuropeanSholder and I posted on their biggest bullboard before the TAM takeoff. I did because I saw TAM as unusually undervalued stock.
I hope this board stays informative and skips the (often unintelligent) lower feelings for good...