RE: RE: RE: A couple of points..... I agree both of them including Canyon are good long term investments . I only need one though in my portfolio and this one is it . I think there is a lot of anxiety in the market still . Once it continues to show growth and lower unemployment in the states , it will hopefully come around . I am not a trader , an investor most days I can't stand to listen to BNN or CNBC . One day the world is falling apart armegedon is coming the next day things couldn't be better . Then they wonder why volume is so low . People are getting sick up the manipulation of the market by the wall street traders . What I do know Is TCW is growing at a steady rate with Record profits . The oil Industry and unconventional oil and Gas plays are not leaveing . Long term this stock will come around . If it keeps growing and lowering the P/E it will be hard not to be a takeover candidate. All the fracking companies are clearly not worried about the black cloud over their heads . Or they wouldn't be tripleing the dividend and buying back thousands of shares of stock .
Short term might be some pain but I'm not one to pick a bottom in a stock so I will ride out the short term pain .