I know JC from some other boards. JC is what might be called "the all-around investor". He understands that a stock can be played many ways and there are people playing them all ways everyday. You can play them long, short, up, down, sideways and probably ways we can't even think of presently. None of them are wrong, they all make and lose money.
If you listen and think about what he says, you can learn and feel better about decisions that you make. He plays the devils advocate, which every stock needs. He also plays the stock. He doesn't sit on the side.
He wants everyone to remember that investing is serious business and you have to stay on your toes. Everyone is your friend and everyone is your enemy. Your only true friend in the market is yourself. Do your "due diligence" on every stock and re-check your position all the time. Continue to ask yourself "why did I buy this stock"? If you believe in what your answer is, stand by it. There will be others posting here and elsewhere to make you believe "you" are wrong, not them.
Remember, talking on a board doesn't make anyone "friends". We are investors for our own reasons and not someone elses. Stay strong, smart, informed and for sure ON YOUR TOES!
Perhaps if you realize that our present accounting methods (Double-entry Bookkeeping) was invented by a priest as a method to control and record transactions at the monestary winery, it won't seem so "dry" ...
Open a bottle of one of your fine west-coast wines (both reds and whites are superb) ... sit back .. and enjoy the "fruits" of your labor ..
1) The Art of Short Selling by Kathryn Staley 2) Common Stock and Uncommon Profits by Philip Fisher 3) Security Analysis by Benjamin Graham 4) The Intelligent Investor by Benjamin Graham 5) The Market Wizards and the New Market Wizards by Jack Schwager 6) One up on Wall Street by Peter Lynch 7) Options as a Strategic Investment by Lawrence McMillan 8) A Random Walk Down Wall Street by Burton Malkiel 9) What Works on Wall Street by James O'Shaughnessy.