RE:RE:rememberMBA wrote: Have to agree. I've learned a lot over time as well and found being patient a very difficult thing to do but a very important element in successful investing. In addition to good management and a good history, I've also learned it is just as important to invest in the right market sector. Interesting - I recently added to my position in VMD a few days ago (as you said, I was satisfied with the price) but patience would of served me better had I waited a few more days. Oh well, can't pick the bottoms. Although the markets look like they are moving lower, I still think VMD will fair well over time if management continues to grow the company by 25% plus on an annual basis.
BOTH of you experienced and sentinental investors should also know that even the besst DD can't stop the government from pulling the rug out from under you.