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Re: lentinman post# 380

Friday, 01/25/2008 10:57:44 PM

Friday, January 25, 2008 10:57:44 PM

Post# of 785
good point. By definition, this is a skewed distribution, with a tail chopped off the curve on the side less than the mean. I am guessing there is also more incentive to bail fro a stinker in the first two weeks than to trade out of one of the few winners to buck the market.

Even the leading stock, AFPC, does not have the feel of a runaway winner. I see a special situation, where a fund had to sell a big position, that offers a chance for a snap back, but we very well could see some flippers who caught the bottom bail and go lower before it comes back to a more "normal" valuation. Very different from prior contests where people just couldn't wait to catch the runaway train(s) leading the contest. (I may buy AFPC, which I owned some time ago and am familiar with, but only at lower-than-now prices if we do see a give back in the short term).

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