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Re: lukematt post# 13

Friday, 09/26/2008 7:46:48 AM

Friday, September 26, 2008 7:46:48 AM

Post# of 77
It seems to me when you own a stock like this one...

You must accept that the ones with power have total control. You just won't get information that may or may not be important.

Do I believe they could cut expenses and turn 10% NI or so? Yes
Do I believe they could explain stuff in greater detail? Yes
Do I believe they are top chip food company? No
Do I believe they are ultra conservative? Yes
Do I believe they look out for themselves first and shareholders second? Yes

Am I happy with the return from my flipping, accumulation and divy? YES
Why? I'm up significantly here and believe in this down market this is to be expected. From a timing point, I got pretty lucky here...

Thanks to Tim

I can certainly understand any bitterness if someone owned in '07 and held. That said, It's tough for me too.. to stay with a loser and continue to work it.. add more with confidence with expectations of making it back and more.

You opinion is very valued by me Luke and thanks for a very good post that provokes good thought!