only way is up, page-25

CEB - Not sure if you were referring to my post?

Is you were, I can assure you I am still in (from 2.7c). I have the same view as you and don't try to play short term moves at all. Feel like you will win some, lose some and end up about the same with much more hassle. I know some people enjoy that, but not for me - I don't know enough about technical interpretation, and also don't like the thought of sitting on a strong play like this and waking up to news that sends it up 100%!!

My view on these type of purchases is probably akin to a value investing approach. If you can buy socks from Myers at a 50% discount to their value, it is not worth waiting for them to drop to a 60% discount because you have good reason to believe that they will drop further. Hey, you got a 50% discount, if someone else gets a bigger discount you don't need to be upset, you can be happy for them, you can even buy some more at that discount. What you don't want to do is miss the sale because you are trying to interpret what the other buyers are going to do, because you may be right and the price will drop, but you may also be wrong and others will see the extreme value and quickly buy them up.

Whether it's socks or stocks the point is the same.

My posts on SBL are just basic commentary on the day to day play (waiting for the big break) and just trying to help add to the bigger picture (like more than one month time frame) - which I think is extremely good IMO. I just think there are lots of stocks for sale from the recent issue and it is possible that there will be a small window of a couple of weeks to pick them up at this price (this is not financial advice, I could be wrong - I am not betting on it, I am already in the game)

So that's where I am at with this one.

Good luck - I think we are on a winner here, that not many have picked up on yet.