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Investors Title Co. Message Board

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  • pmlljl pmlljl Jan 27, 2005 3:53 PM Flag

    Heading Down!

    astral tsar: Heading down indeed! Do you wish you had sold at $42?

    • Enh. Not really. I mean, sure, it would have been nice to get out at $42 and back in at $38. But I'm not a trader, and the spread in this stock makes trading an expensive proposition.

      My planned selling price is $65. Ten times earnings plus cash and securities in excess of liabilities. I think that's a realistic price and I'm willing to wait for it. Of course I wish it would zoom up there in one long rally, but that rarely happens ... at least to the stocks that I buy.

 
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