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larrybaz

02/09/21 8:21 AM

#84099 RE: teomax #84098

Teomax, I'm not finding much I think is undervalued in the micro space either. I've been selling and selling for a long time now. I just checked my IRA, and I am almost 83 percent in cash. That has to be a record for me. It's really tough to time the market. I think it is best to just buy stuff when you think it is cheap and sell when you think it becomes fully valued. In this market you will probably leave some money on the table, but you never know when the music is going to stop.

This Junk Portfolio experiment is just a way to try to take advantage of the extreme level of speculation going on right now. I would hazard a guess that most of the stocks in the experiment will be long-term losers at their current prices.