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MisterEC

08/15/15 5:24 AM

#3812 RE: Lonnie Starr #3811

I began investing in stocks in the 1970s. If I had just held on and had patience, I would of been very well off. Buffets favorite holding period is FOREVER, of stocks that pay dividends. There are options to sell on this one ;)
I diversified out of here in the 70s, and bought back lower. Higher than here, though :)
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bar1080

08/16/15 10:32 PM

#3813 RE: Lonnie Starr #3811

I remember Gate's early days, those windows rollout delays and some ridicule. But MSFT never dropped to anything like $4. Reality is MSFT was usually a high priced stock despite the lore of Pennyland. Unlike DDD, MSFT did very few acquisitions to inflate numbers. Too, virtually all MSFT shareholders owned MSFT products. They knew Gate's products were useful and real, if sometimes slightly flawed.

MSFT IPO'd in 1986 at $21 per share and rose to well over $100 fairly quickly before splitting for the first of many times. It sometimes topped $150. I strongly favor high priced stocks that target sophisticated long term investors. Most --certainly not all-- scams are in low priced stocks. High priced stocks are more resistant to the type of "games" IHUB players complain about.

3D's high price attracted my attention last year. But I quickly noticed how 3D printing was being hyped like penny garbage. This would be a very dangerous stock to average down on.

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bar1080

08/17/15 3:59 AM

#3814 RE: Lonnie Starr #3811

Lowest: March 2009 $14.87;
Highest: Feb 1999 $175.13