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Re: None

Sunday, 04/23/2017 9:58:35 AM

Sunday, April 23, 2017 9:58:35 AM

Post# of 24356
Having had a seat on two pension funds for over 25 years I can state that when the decision is reached to make a purchase that happens immediately. Yes the pension funds would like to have the low price but taking a position is more important than getting the low price and risking not getting filled. If a buyer wishes to be a flipper and offset his position for a few ticks profit then that initial position price is much more important. IMO. I personally have not seen any flippers successful long term. I have seen long term investors that have been very successful. IMO be a investor not a flipper.