InvestorsHub Logo
Followers 0
Posts 195
Boards Moderated 0
Alias Born 02/24/2003

Re: Cassandra post# 40545

Tuesday, 07/08/2003 11:26:42 AM

Tuesday, July 08, 2003 11:26:42 AM

Post# of 93827
cass, what do you say to investors who bought IBM over 130 ?

Did you tell them not to buy it at 70, 60, 54 on the way down ?

All those buys on the way down and back up look pretty good today whether or not their short term opportunity costs seemed bad at the time, AND NO, I'm NOT COMPARING EDIG to IBM, and if you think that then my point has been wasted on you.

This is the stock market and prices fluctuate, whether you are in microcaps or blue chips, no one is immune. Those who missed an opportunity always have another opportunity facing them.

While you instructed so many to not buy and average down, many did just that and are sitting with nice positions and long term investment horizons.




Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.