|
Recommendations: 4
Gator8387: You CANNOT highlight having made tremendous returns on a particular stock, and then disclaim responsibility when investors WHO YOU HAVE TARGETED AS AN AUDIENCE lose 33% or more on those stocks.
In my opinion, sure you can. It's only fair to say "but remember we bought AOL at a pittance", but a loss of 33%, or more, on a stock you think is sound, is not rare. Here are 3 I have that are down more than 50% from their 52 week highs: TXT, A, NT. Notice these guys all make stuff, are leaders in their fields, and are not going to go away. If I were made of money I'd buy some more.
The Fool gets thumped for claiming to be LTBH and then in fact trading in or out of a stock on the 12 to 18 month scale. Well, various definitions of LTBH can be imagined. You might easily wish to ride out a 50% paper loss. I did on NT, and I'm glad I did. (I bought early so despite the latest fall, I am way ahead on paper.)
|
|
|
Announcements
|