Interesting comment Mr Skid regarding taking into account the market and the company. It sounds like the logical thing to do and yet by ignoring what the market thought and buying/selling when prices were irrational in his view is what made Buffett squillions. Would Buffett think this price is irrational? Who knows. He would probably be paying someone to watch the lab and see how many courier drop offs were occurring though...
And once he established its a good company, dont you think he would wait for it to bottom out before buying?
Posters like Snapiti are the reason that this forum is rapidly becoming a waste of time.
Play the ball, not the man. We don't allow it in civilised sport, and it's no more civilised here. Criticise a fellow poster's posts by all means JH, but please keep personal attacks out of this thread.
BC
To foretell the future, one must first unlock the secrets of the past.
Originally Posted by snapiti
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