Comment by
88guy88 on Mar 10, 2022 10:20am
Stephen is probably buying more unless he already has 10% of the portfolio....nice and cheap today.....looks nice for a takeover bid to come in....you may send him a Happy Easter card...
Comment by
Dunworkin2 on Mar 10, 2022 10:24am
I've added as well this morning... just a bit as we all like to buy the bottom, and that could still be coming. These guys will have a tight next quarter with input costs rising due to inflation and not much ability to raise prices. Takascy was talking this up as a bargain in the $ 35 range. Bet he's pounding the table now.
Comment by
88guy88 on Mar 10, 2022 10:45am
I bet he is too....he likes to buy companies like this with moat protection from new competition and good fundamentals......Stephen buys cheap undervalued companies and more importantly he is willing to wait for the value to be recognized over 3 to 5 years and in some cases 10 years....his performance is proof of his strategy
Comment by
ashcake on Mar 10, 2022 1:06pm
He does seem really out of touch on this one...was quite bullish into this QTR. Couldn't be more wrong....
Comment by
88guy88 on Mar 10, 2022 1:15pm
Gee who should I listen to for an anlysis and opinion......Stephen T. or ashcake......now thats a tough one....lol!
Comment by
ashcake on Mar 10, 2022 1:39pm
Well I unfortunartelly istensed to him...the guy is very convincing. Followed hom doen on BYL as well. Can't wait to see what he says next time oin BNN. Squirm
Comment by
88guy88 on Mar 10, 2022 1:52pm
sorry to hear that you are taking a big hit today....its way overdone and probably some shorties are playing around....it will bounce eventually....perhaps its some of those American shareholder selling....its still a solid company growing at 20%.....its being overly punished for really not that bad of a quarter....investors are so short term minded
Comment by
ashcake on Mar 10, 2022 2:07pm
Thx 88....I hope so, I added a little here. My avg cost up around $35.00 :-(. I agree...painful sell-offs on everything that misses even slightly. Overall, the story sounds positive oif they can overcome productivity and supply challenges. I will be very interested on Stephen's take on the company. He was expecting a BIG make up QTR.