Today I loaded up. Mostly, I just added to Midway, Deswell, Asyst, and Tidewater at ridiculous prices. And I started my first new position in a while buying LHO at 8 5/8 and then again at 8 1/2. Thanks to the thread for the discussion. Looked good in the teens. Looks a lot better now. I've been an absentee value investor of late because I like everything I got and didn't think it necessary to go looking for even more stocks with PE's of less than 10 and outrageous dividend yields. |
FWIW, I'm now postponing purchases of real goods to invest in the stock market. I find it ironic and sad that some here are just now starting to throw in the towel, with a lot of US stocks down 60-80%.
Paul - you've criticized my holding periods in the past. Well, looks like I'm gonna become a long-term holder of quite a few stocks here (not what I planned or wanted ;-)).
I did recently rotate out of my Case at 21 1/2 and into NH again at 9 3/4. Other than that, I'm just taking a peek every week or so. There's a serenity in the turmoil from that distance. The last few months have been the least research-intensive months in my investing career - it takes less than five minutes to find a bargain, and just another five minutes to see it get cheaper.