Not all short term trades are initiated in long term holdable stocks ....those need stopped out ....only blue chip ones can be converted to long term hold eg ATM trade needed to be stopped out ....FPH maybe go in hold basket ...just a thought
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Agreed....................
Quality is always worth buying/holding ,whether it be shares,houses,art,or whatever.
I admit when I have done really well out of a spec, I recycle the profits into a quality company,and think to myself, it has been great buying it at half price.Fun and very profitable too....lol
Fixed that for you.
Cracks me up the constant battle I see on here between "traders" and "investors". Both styles are extremely profitable and neither is the right or wrong way, but both could learn from each other to become more profitable. The markets are about constant learning. The reality though is that I reckon 80%+ of people, whether investor or trader, are pretty bad at what they do. You aren't insecure about your investment style when you're very good at it.
Why I put ATM in different category then FPH as in my opinion it always had too many eggs in just one basket and that basket too was not very reliable market which could turn at a drop of a pen stroke or some whim etc ...see what happened to Alibaba and Tencent ...51 out of 56 analysts tracking them had buys on them as business was too good to put sell on them ...but they dropped 60% or more due to politics of that only market in which ATM gets all its money ...having over dependence made ATM PE speculative type
Agreed.....................
I have also seen people being very successful just buying booze shares,property shares,tech shares,etc.
Whatever works for you.
I myself find the more research I do the better the results I achieve.Quess that is the same whatever asset you invest in.
Be surprising indeed, Beagle, if FPH is an exception to that observation.
Companies, especially those who have been darlings of the market, do not generally handle earning downgrades well - it is inherent in their DNA that they believe they can easily overcome ‘short’ term’ business & economic aberrations and downgrades are but temporary inconveniences.