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Flextronics International Ltd. Message Board

  • crapped crapped Aug 1, 2002 12:43 PM Flag


    What are you complaining about. Yes we didn't go up t $2 this morning, but we are not down either. This entire week Flex has been holding up great 3 out of the last 4 days up 5%. This stock is building momentum. YOu people are not investors only short term speculators. Be patient and happy we are up.
    If we were up $2 it would only sell off the next day. The way this stock is moving now it may be up tommorow.

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    • It is ludicrous that in this market, the longterm investor is somehow saintly. Actually over the last year anyone who was a long-term investor got their head handed to them. I mean who is your peer group? Do you think the insitutions and brokerages don't buy and sell stocks on a daily basis? There is a myth of buy and hold that was created by the investment community to sucker the small investor out of their money. Do you think the analysts are your peer group? They tell the investor to hold a stock from $80 down to $1 dollar. To ascribe almost religous form to the notion of buy and hold is insane in todays market. If the market trades sideways or goes up, that rational has some merit. The objective is to make money. All stock holders are speculating that the price of their stock will go up. It is merely a question of time-frames.

11.22+0.05(+0.45%)Nov 27 1:00 PMEST