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Message: Important observations from a market "pro" . . .
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Aug 13, 2008 09:53AM
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Aug 13, 2008 09:58AM

Important observations from a market "pro" . . .

in response to by
posted on Aug 13, 2008 11:48AM

An excerpt from the interview with Rick Rule

" What I will use this market malaise to do is buy companies that are threatening to or have the capability of making major discoveries at a big, big, big discount to the surrounding market. I think it will be an easy time for educated people to outperform the market, partly because the market as a whole won't perform well, and partly because as the market underperforms, the competition from other investors to buy shares of the best of the best will be very low. "

SAN fits as "best of the best at a big, big, discount!"

SAN will follow major discoveries up with "more major discoveries!"

At these prices its a "no-brainer!"

RUF

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