".... and the old codger in the specs was a little conservative...

".... and the old codger in the specs was a little conservative / old pinstripe mentality

( I bet he drives a white 1998 Toyota Cressida with blue velour seats )"

I wouldn't worry about the old codger, Howard "Our members at Teaminvest/you are better off going to the casino" Coleman. His philosophy on investing in the stock market is that you should celebrate when stocks get hammered, even if you hold them, so you can buy more. To the horror of the host, he actually stated one night shortly after the Japan disaster, that his "members at Teaminvest" were very happy with the big fall earlier that day. The host replied, "Surely that would only be true if you weren't already long!". But our good friend Howard disagreed, lol. As long as a company has growing earnings, Howard loves it, even if the SP does nothing or falls for months on end. If you told him you picked up PRR at 10c and still hold at 28c, he would reply, "Our members at Teaminvest wouldn't touch this. You are better off going to the casino and putting everything on black...bla bla bla bla bla."