FD,as i was the only one that mentioned 'the ostriche' solution i guess yr tls chart post was directed at me.?
U asked if its working for me,well not yet ,but if u read my other posts u would understand i feel this is a buyers market and i have been buying and i expect it to work for me even with my head in the sand..
I have been buying,but not tls,but i u read one of my posts i suggested tls was a good buy at 2.98.,but i didn't buy any,and the condition was penn maintain earnings and 8 cent div.
I have my opinions of the potential of other co's going forward and i believe there are other co's that will react dramatically stronger than tls.
So i am more than happy to keep buying at specific prices,but imo only ,short term the market will correct,but the stocks that correct the strongest will b for a variety of reasons.
I still believe the banks will have ongoing issues,tls will hover around the 3 to 4 mark for 18 months until market understands penn's management ability when it becomes obvious in presentations ,whether positive or negative.ie sub 3 or plus 4..
I prefer more active management even if their business model don't provide the opportunities tls's does.
ps no GR,i give penn no credit for tls's sp resilience ,if a vaccine was discovered tomorrow some stocks would go thru the roof,imo only tls would continue to hover around its recent price range.
hmm just some advice,never use cotton buds after sticking yr head in the sand.
gl with yr trading.
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