anyone see some value here.., page-20

re: anyone see some value here..what is the bottom Fedex, you've been very unlucky to have been caught in the same situation with two excellent stocks in RIN and PCG - you've bought at or near the peak on results, both companies have surcome to circumstances outside of their control, and you've done around 40% of your capital (I've garnered that information from your posts on both RIN and PCG)

But, if you want my advice, it would be this: stop checking the share price every 15 minutes and don't con yourself into selling out. Also, stop whingeing.

Both PCG and RIN are in similar situations at the moment in the following respects:

1) Both had sustained run-ups in their share prices over the last 2-3 years due to excellent company performance.
2) Both have excellent track records in both operational management and financial and balance sheet management.
3) Both companies have excellent positions in their respective markets.
4) Most importantly, both companies have excellent long-term (for your clarification, that's 3-5+ years) growth outlooks, but are currently experiencing the combined effects of external circumstances impacting negatively on their businesses, as well as a generally flat market.

Now, I can't tell you when PCG or RIN's share price will turn. But it won't be in the next 6 months, or perhaps even in the next year.

What I can tell you, however, is that in the fullness of time, it's my experience that well-run, well-managed companies with strong market positions and lean balance sheets will deliver capital appreciation. If you're not prepared to wait that long for the required time frame, which I reiterate is at least 3 years, then you should seriously assess which shares you choose to purchase and why.