But one can tell when the stock is cheap.
I repost the following not to pat myself on the back but to show that if one buys based on long term trends things work out rather then trying to time it exactly. That, and having to ignore all the negative noise as the price moves down after you've bought, it helps to stick with the facts that NOT is a STOCK that is a long term stock.
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A little over a week ago I posted
I picked up some more shares. She may go lower. That doesn't change the fact that today is a bargain.
For those who bought a bit higher (like myself a times in the past) ... when NOT reaches her true potential, her summit, the difference between $4.65 and $6.00 will be like the difference between striking your tent at the base camp or 300 meters up the trail. When we reach the top of this mountain no one will even be thinking about where they were when they started the climb.
BK