Friday, January 30, 2009 2:16:44 PM
I'm holding long term because I see a lot of value in this stock, but momentum players, and people without much patience or conviction with this stock, would tend to sell early. There's always a shakeout in situations where a stock crashed and burned, then makes a recovery -- most who bought near the bottom sell long before the stock achieves its later highs (and, I'm sure, kick themselves for doing it, after the fact.) My strategy takes these factors into account; I'm prepared to hold most of my shares, all the way up, for years and years.
Daniel
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