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CarMax Inc. Message Board

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  • tambourine_man_43326 tambourine_man_43326 Oct 2, 2007 12:03 PM Flag

    cant understand long psych...

    Did you not listen to what the man said? T said he invests long term and does not buy when others are being greedy. Your EMX has risen over 400% in the last year, this sounds like peoplle being greedy. You said look at a couple week chart, well look at a couple of year chart and you can see why this is probably not a good long term investment at these levels. EMX when to 44 in 2004 yet started 2007 at about 13. IMHO KMX is a much better investment. I do not own any kmx. Do not be worried about a declining industry. I have gained nearly as much this year in MFW as EMX has gained. MFW is in check printing,

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