Re: ,,Whats..In.. A Name
in response to
by
posted on
Apr 24, 2009 03:04PM
Focused on the Rice Lake Gold Belt
I beleive that any pullbacks are a buying opportunity. Just remember how tightly held this company is and how well it stayed strong during the financial crisis.
Predictions are that this some time this Summer we may have another big time drop when housing #'s come out, more foreclosure's, banks in trouble, employment #'s, etc.... So holding on to a tightly held company is good with me. Along the way there always be sellers, but at the same time buyers will line up.
I had a conversation with a Univrsity student today who is majoring in economics. He said that the billionaires of this world are having a feild day buying up cheap companies at bargain basement prices. Buy on dips.