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Wednesday, February 07, 2007 3:44:32 PM
Here is a post from Mach over at DWB, which sent out the Stock Pick of theYear Email:
"Update. I see some are working hard to shake out the weak hands. It's the Stock Pick of the Year... Not the month. The reality is that deals simply dont get done overnight. Due diligence combined with filings and such can take a considerable amount of time. I hold my shares. Regards, Mach".
Stock Pick of the Year... Not the Month, great line. A great line but also addresses the mentality here. There should be one of 2 different possible results here:
1.) A 20 or 30 bagger with potential of much more for long term holders.
Or
2.) Lose 25% of your investment from here.
With this kind of Risk/Reward Ratio I am surprised that anyone would sell right now, savvy investors should be buying.
.
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