stanu78: MDF
Navalier's recommendation to 'buy' MDF was partly behind the rally ahead of the earnings report. That was a great short term selling opportunity. He has a good reputation, but it wasn't helped by his poorly timed recommendation. I think the tax reporting and the HMO startup costs caught investors by surprise. Their tax accounting is standard and did not surprise me.
You made a good call in predicting a selloff after the earnings, but I'm therefore surprised that you didn't lock in any profits at higher levels. Short term trading forces are a powerful factor in stock prices, and have to be considered even by long term investors if they are seeking to maximize returns. I consider myself a long term investor, with many holdings over a year old, and some many years old, but I also make short term trades even on long term positions to take advantage of the volatility.