Forget traders.The technicals are weak.For many stocks they are with5-10 pullbacks.This is an excellent co with a great product line and a great long term chart.Of corse any long term investor knows that even excellent companies can miss quartersor have bad years.Long term investors can hope they miss and than jump in at a low price and hold a great stock for years.Most likely they will not miss so you can jump in now or on a little more no news weakness.You invested in a great co that is easy to understand.
If making a couple of grand in 6 weeks is bizraroland or whatever you said, then I'm from it. AND if I choose to buy it back, it'll be for less than what I sold it for. Isn't making money the name of the game??
Did I call it an underperformer?? I said it was OK for R.S. to say that if he feels it is. What's your beef?? I made some money?? There's more to be made, hang in there.
Of course it's OK to be vocal about an underperformer. I'll say what I think and if it's underperforming that badly, I'll be out. I made plenty on my latest shares of COH and it's weakness should be obvious to all. Will I get back in?? Maybe but it's going to have to do a little turnaround from here.
defend this underperformer.
Another analyst was just talking to Maria and said to sell Retail in '06.
Look, if you go back dozens of my posts I have said I'm Long. Is it ok to be vocal about the poor performance?
Obviously, because anyone who dissents on this Board gets slapped-down.
You want a bull market? Get out of retail. I don't care about a 2-year chart. That is a TRAILING indicator.
I've got to quit beating my head against the wall. I have one large holding and it's a small company called Graham corp. I'm not touting it to you, but I'd rather take a loss in COH and get more GHM. No lie, it's up 20% since I got it and in the red hot Capital Goods sector. The Bull in Retail seems in the twilight.
Have a safe and Happy Holiday season.