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Aurcana Corporation Message Board

  • duckdogbilly duckdogbilly Nov 19, 2012 5:24 PM Flag

    stock

    How come this stock never goes up with everything it has aquired? Its the same price as it was when it didn't have other assets???

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    • The market doesn't always price things correctly right away, that is how Warren Buffett got rich - buying stocks he thought were worth more than the market and waiting for it to catch up. Actually he wasn't waiting because he bought for keeps and only sold if there was a good reason with the company (not the market). He studied their management and the fundamentals and then forgot about it. He eventually owned some of the companies of the stocks he bought but he left them to keep doing what they were doing - like GEICO. He said when he bought stocks, he didn't care if the market closed down for 2 years. Patience can pay off.

      Sentiment: Strong Buy

    • dont say anything negative or club will thumbs down you....im with you bro

 
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