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BB&T Corporation Message Board

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  • nobankersplease nobankersplease Aug 8, 2007 5:13 PM Flag

    To clear up a few things

    As Charlie Murphy would say: "Wrong...Wrong....Wrong" So you are another investing wizard who magically bought on the low and have locked in a return back up to $43. Good for you Einstein. I invest....I do not trade. Investment decisions are predicated on long term holds, where I am investing in business models, strategy, and management. All three are lacking here...the only reason to monitor this company is that there is an embedded option as the assets are worth something, and if there is a mgmt change, that option will have value, up to the mid 50s. Should we all have invested at $38, sure, but I don't plan on timing these trades. I want to invest in companies that are "built to last" and deliver solid returns, not see-saw returns.

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