Replies to post #18790 on uWink Inc. (UWKI)

[the big guy]

I saw him once. I remember he said something very intelligent. He said: If you are considering a buying decision, take a month and think about it first.

underneath the clown act, he is a smart guy.

[P K G]

UWKI was my biggest winner in 2007. Averaged up. Sold when turned down.

That don't work much anymore.

I certainly concur with you and am trying to adapt your methods. or MOA (Mode of operation).

[the big guy]

I took my money from uWink (I was lucky) and doubled it between 2006 and 2009 using the approach describe loosely here (conventional analysis and value/growth stock picking techniques):

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=33945120

I think this kind of thing works in an upward market well. You have to know enough to get out and sell high, then wait. I was watching a stock show on TV up here in Canada and there was a guy on who called himself a "contrarian investor". This kind of investor buys beaten stocks really low. Does not buy and hold. Is extremely picky about what stocks he buys (only buying 2% of what he looks at). Does not diversify for the sake of diversification, which I think is rampant. I realized in watching it, that he was closest to my philosophy on things. Did really well from 2002-2004.

In this market... you may as well wait it out, but watch for opportunities. Frankly, not many stocks fit my criteria and I think it will be volatile like this for another year.

I think we have another opportunity to repeat this success over the next several years as the market recovers. Best thing to do is to exchange picks and help each other.

[GobsoGreen]

Great advice Raw. I hope that others listen to that as well, and thanks for your input! GLTY bud!