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HupSteel

HupSteel

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paullow Offline
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#251
22-04-2013, 01:55 PM
maybe not a bad thing. allows those who din buy it time to get some. anyway now is still ard 1/2price. like extended gss.
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FFNow Offline
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#252
22-04-2013, 01:59 PM
(22-04-2013, 01:55 PM)paullow Wrote: maybe not a bad thing. allows those who din buy it time to get some. anyway now is still ard 1/2price. like extended gss.

Exactly! Market is giving opportunity to buy more. It's still grossly undervalued at current price of $0.24. The adjusted PB considering Fri's announcement is around 0.5.
Visit my personal investing blog at http://financiallyfreenow.wordpress.com now!
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nitro Offline
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#253
22-04-2013, 02:08 PM
really hard to predict market.

last month - no good news, rocketed till $0.275 with volume

today after good news, rocketed till $0.255 and normalized to $0.240

maybe we can pool some $, and pay Kevin Scully to do coverage.
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kuku Offline
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#254
22-04-2013, 02:43 PM
I like muddy water hahaha
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cif5000 Offline
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#255
22-04-2013, 03:15 PM
It seems that everyone is waiting to exit this baby. Some are willing to do so at 24. Others are waiting for 30, 35, 40...using the NAV as the reference. ONLY financial institutions want to take it at above book. So how? If big fish never come, wait loh...
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kuku Offline
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#256
22-04-2013, 03:17 PM
nvm we take dividend lo...patience
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cif5000 Offline
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#257
22-04-2013, 03:23 PM
To add. I think classical Grahamian stocks should be bought with a dose of diversification. A basket of these should do well over time. But...diversification is for the ignorant, right?
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paullow Offline
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#258
22-04-2013, 03:29 PM
(22-04-2013, 03:23 PM)cif5000 Wrote: To add. I think classical Grahamian stocks should be bought with a dose of diversification. A basket of these should do well over time. But...diversification is for the ignorant, right?

diversification is for the birds.

i couldn't agree more with u.

immense wealth is created by focusing on less than 1 handful of stocks.
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cif5000 Offline
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#259
22-04-2013, 03:47 PM
(22-04-2013, 03:29 PM)paullow Wrote:
(22-04-2013, 03:23 PM)cif5000 Wrote: To add. I think classical Grahamian stocks should be bought with a dose of diversification. A basket of these should do well over time. But...diversification is for the ignorant, right?

diversification is for the birds.

i couldn't agree more with u.

immense wealth is created by focusing on less than 1 handful of stocks.

paul, you are funny.

A story came to my mind where this aspiring investor tried to convince a 70yr old man on the importance of thinking long term for his stock holdings.
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paullow Offline
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#260
22-04-2013, 04:04 PM
cif5000, sorry i dun get wat u mean. too mind twisting.
musicwhiz can u advise wat he means?
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