"(i saw it coming and never lost a penny and so did many others.)"
Aurelius1,
But now, you'll have to get back in, at probably more cost than when you sold out.
I didn't, and bought more in many companies that IMO, were way too much oversold.
The end result now, is that my portfolio is nearly three times the size of what it was back when, and continuing to grow.
Have you ever heard of the Warren Buffett saying, "BE GREEDY WHEN OTHERS ARE FEARFULL, AND BE FEARFULL WHEN OTHERS ARE GREEDY??"
The matter is, that although many people sold out in panic when the GFC come, the big players were out there buying big and getting bigger, and taking advantage of that situation. TO ME THAT SPEAK FOR PLENTY.
If it was good for the goose, it was also good for the gander. WAS IT NOT??? Think about it!!!
Good luck,
Buddy
PLV Price at posting:
39.6¢ Sentiment: LT Buy Disclosure: Held
