Post by
catchascatchcan on Jul 06, 2021 8:03am
now THAT is a PR - Thank you Kurt and co!
well played XBC... well played
Comment by
ferret_ca on Jul 06, 2021 12:41pm
finally a decent nr to provide a bit of a catalyst, and the sector is slowly coming back into favor. I reinitiated a position this morning , keeping it on a tight leash for now as I am still not a huge fan of mgmt, hopefully they can change my mind in time. cheers ferret
Comment by
savyinvestor333 on Jul 06, 2021 12:52pm
Why would you even bother buying back in with that attitude?
Comment by
catchascatchcan on Jul 06, 2021 1:18pm
Savy, I think it's fair to buy into companies when you're on the bubble. It's just a risk/reward proposition, plain and simple. You don't have to be in love to invest, and can do so with a healthy level of skepticism. Many will take an initial position, and wait for more evidence before bellying up. Not uncommon.
Comment by
savyinvestor333 on Jul 06, 2021 1:35pm
Not sure that is a good strategy. If bad news comes out before the next good news and shares drop 10% do you sell and take a loss? If your not committed to a longer term you are setting yourself up to sell at a loss. Pretty hard to catch a stock that does not have down drafts occasionally and for no known reason.
Comment by
sumpineh on Jul 06, 2021 2:46pm
So true.I feel like you wrote my story.Amazing