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Re: Fetter post# 22409

Wednesday, 03/19/2014 7:17:30 PM

Wednesday, March 19, 2014 7:17:30 PM

Post# of 36806
Go Cetek!! Fetter, you know, I hear what you're saying about the Tesla trade, and it is always easy to look back at a long-term chart and wonder how you could have been so stupid as to have sold it, but I personally don't know how any investor in today's market with the volatility caused by the high frequency trading can stomach a long-term trade where a stock like that fluctuates between the depths of depression to the heights of enthusiasm every few months. Toss in the fact that probably 95% of the gurus think it is way over-valued, as would be supported by almost any financial metric you want to use. If you're a fund manager with a ton of money and diversification, I understand how you can ride it out. But for an individual who is not overly wealthy and who watches his bottom line every day or two, unless it's just a small percentage of your portfolio, which you maintain at that level by selling as the stock rises, then it's almost impossible not to sell at the bottom of some drastic dip, like what happened with the fires several months back.

Cetek on the other hand is undervalued by any financial metric I can think of, which is why I've stuck by it all these years. But down here, and just given the recent run from no bid to .0006, I find this hard not to like, even if we have to wait a few more months for the BIG news.