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| Subject: Re-rec vs. best buy | Date: 4/3/2012 8:37 PM | |
| Author: Anysimplefool | Number: 4783 of 5166 | |
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Just noticed today that both CGA and YONG were only recommended one time. CGA still shows a very positive return (+93%) for GG since it was rec'd in Nov. 2008. YONG is down about 55% from the rec in May 2010. Both were noted as best buy/ buy several times over the last 18 months. The lack of a formal re-rec never really dawned on me until now. This leads me to a GG philosophy question. Where is the line between making a re-rec and repeatedly making the stock a best buy? Lately, GDFZY might be an example. Until recently, it would have applied to CGA and YONG. Is it simply a matter of the new rec being "the best of the best"? Or, is there some reluctance to make re-recs? Simple |
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