RE:flaming Yes, my position is red. But, as I said when you are contraian you have to expect a red position up front. And, since no one can predict absolute bottoms, you have to be willing to hold a bag of pain for awhile. Happened with me for SRV, CHR, BBD, DGS... all red up front, all unloved at one time... now all green positions with some paying +20% distributions.
Some are good at shorting, I am not. Some are good buying rising stocks and trimming along the way. Unfortunately, most do not trim because of greed and sell lower on fear. Contraian investing, on the other hand, has served me well... especially for dividend paying stocks. HOT is stupid low right now. Rinse and repeat.
navajojoe wrote: You have been pumping this all the way down.
I guess sooner or later you may be right.