Friday, August 03, 2007 2:44:23 AM
Patience grasshopper!
Anyone who had invested 10k in Walmart in 1970 you would be a millionaire several times over. Anyone who could see that Sam Walton was a smart operator at the time would be very well off.
I think these guys/gals are smart operators. To what extent they run it, only time will tell. Me, I'm buying with the intent to hold until I retire in 20 years. Not into the flipping very much, but shucks I might flip a couple of times along the way, like when we get to 4 bucks or so. I figure 5k of this might be worth 500k in ten years so I ain't skeered of Cornell, only puzzled by their short sightedness.
Don't let the willy nilly day to day stuff bother you...it's all irrelevant in the long term and that is what matters. Folks keep flipping this and sooner or later, they'll find themselves on the sidelines watching the game.
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