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Tuesday Morning Corporation Message Board

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  • pjv2xyw9dww4b5 pjv2xyw9dww4b5 Jan 14, 2010 8:55 AM Flag

    Resistance, near term, at $4.50-5.00.

     

    Switching to a different stock that is more undervalued will be a good idea.

    Sale of part of a position in the hope of rebuying more cheaply would reflect the fact that valuation is always uncertain, however slightly. For example, I may believe that the probability that a share of TUES is undervalued at $2.20 is 95% and be willing to hold 10 shares but believe that the probability that a share of TUES is undervalued at $4.00 is 75% and be willing to hold only 6 shares.

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TUES
9.38-0.14(-1.47%)Jul 31 4:00 PMEDT