Ok, so fuzzy ventured onto the Cerner board once again a month ago to poke at monett4. In summary;
On November 11th, with CERN at 59, monett4 suggested it was time to buy.
On November 18th, with CERN at 58.25, fuzzy ridiculed moentt4 for this recommendation.
On December 29th, CERN closed at 61.85, UP over $3 1/2 from fuzzy's post.
A quick look at CERN's stock chart the past few months indicates that monett4 may have been real close to predicting a bottom for CERN, by actually calling a bottom. It appears that fuzzy has again called a future CERN gain by suggesting the opposite. This is getting too easy. His prediction accuracy is almost 0%. Which means, time and again, money could be made by doing the OPPOSITE of what fuzzy suggests.
I am waiting for his next prediction of gloom for CERN. That, I suspect, will be another very accurate signal that it is time to buy again.
Fuzzy, You have my congratulations for NOT being short CERN since 2001, and my condolences for NOT being long. As coincidence would have it, I made my first of many, many long positions in CERN in 2001 when its split adjusted price was $6.70. Now it is $58.75 and even though I have bought and sold over the years, I have remained at all times long, never short, never lost money, and my returns has multiplied accordingly, which always brings warm feelings to my heart. I have assumed in the past that your persistent, years-long, gray, cloudy, gloomy attitude about Cerner's future is the result of NOT having these warm feelings that great investment experiences can provide.
I don't claim to be the expert on short-term stock price fluctuations, but Cerner's recent pullback from its highs, on the heels of the good news of the DOD contract and its humongous potential, seems to be a result of short-term investor expectations; "I want my earnings, NOW!" The DOD win will take years to fully cash in on. Those of us who have been rewarded by patiently holding CERN long-term will undoubtedly be rewarded yet again.
Fuzzy, leave the dark side. Join us in the fight for truth, accuracy, justice, high investment returns, and warm feelings of the heart!
Perhaps. But perhaps not. I suggest it is too soon to tell. At the time Mr. Monett posted this, the stock was around 59. It is now about 58.25, down about 1.3%. I certainly would not suggest a big fail using those numbers. The real judge will be the results over the next year. And we know how good you are at forecasting that. ;-)
That sounds like short term thinking. "Screw the future! I want my earnings NOW!" Cerner has always put future growth before short term earnings. Also, you can't provide earnings on 'new contracts', no matter how hard you try.