Skip to main content
Message Font: Serif | Sans-Serif
No. of Recommendations: 0
I was disappointed with the announcement yesterday, but was not surprised with it, after ABC did a story on the news within the last week or so about "what happened to the flu scare", noting that after the big peak, it just dropped off the scale almost immediately. Therefore, I view the bad news as market related and not company related, for the most part. As usual, Mr. Market's reaction was, IMHO, a typical over-reaction. Plus, you had the double whammy yesterday--the company announcement and also the fact that Mr. Market was punishing all Nasdaq stocks yesterday, including most of our HGs. Therefore, after assessing the situation, I decided yesterday presented another buying opportunity. I added to my position mid-afternoon, and thought about it again at the end of the trading day when it had dropped a little more, but held off. I think the company will be fine, and if we get any good news on the economy, Mr. Market will be fine (unfortunately, however, I'm more optimistic about the company than the market right now).

Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.