Need info for current value of historic stock purchases

[Scott Campbell]

I think a pardon should be issued. What you MFers think?

Only if he reached his goal weight.

[Scott Campbell]

Sure, that's true for the market as a whole regardless. My long term portfolio suffered as badly.

The reason I am not panicing after last week with either my long term or short term picks is because I believe my picks were good and will recover because they had solid earnings reports and are expected to again. But my objective with the actively traded portion is to find underpriced stocks that will have fairly short term bounces because of their financials, not because of investors emotions. Not a single one of my picks was based on emotional factors, they were all picked because of reported earnings or improved future earning guidance from the company.

I'm not talking about day trading. Basically I am trying to make money through one reporting period time frame, 3months, like my example with RRGB. Some I have held for over 6 months and longer, a couple I have gotten out of much sooner for both good and bad results. When the market punishes companies emotionally, you just have to hold them longer, which is what I will probably do with several. The worst thing I could do would be to dump stock in a good company just because of last week. Chances are that a good company's stock will recover when emotions get out of the way. It's happened for me several times.

Ok, I think I get it.

What caused you to get out of GE?

[Patler]

Ok, I think I get it.

What caused you to get out of GE?

It had climbed steadily to near $20, then had some weaker quarters, and gave lowered forward guidance in one of them. I had doubled my money so there didn't seem a reason to stay in at that time. In short, I wouldn't have been tempted to buy at that time, so it seemed to be a good time to lock in the profit.

Turned out it was a good decision as it continued on down to near $14. I almost bought back in when it did. Their bumps up on dividends are also interesting, both for their value and what it might do for their stock price. They are on my watch list to buy again.