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bradford86

01/28/10 5:45 PM

#27153 RE: FLBullHunter #27151

i dont own any xodg(e) for the time being...

a little to speculative for my taste.. but i'm entitled to a wrong opinion when i'm choosing not to buy..

the trick is forcing yourself to not lose when you do buy.

i "try" to do this by estimating the current value... and if the current price is way below the current value, i feel relatively safe entering, especially when you've got growth and upside catalysts coming in the near term like fund purchases, uplistings, etc.

but, in order for me to feel comfortable with a current value, i need to be able to discount future cash flows... and it helps to have some sort of track record to base future projections off of.