WATERDOG

Gemini
HDF Silver Supporter

Don't Bother Me, I'm in Havi
  
MENIFEE, CA
Posts: 10,292
APPD 1.47
Post Rank: 8
ELIMINATOR EAGLE
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Posted: Oct. 10 2008,11:30 am |
Post # 5 |
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| Quote (Havasu Doug @ Oct. 10 2008,11:18 am) | | Quote (WATERDOG @ Oct. 10 2008,11:06 am) | | Quote (Havasu Doug @ Oct. 10 2008,9:31 am) | Is anyone else buying stock right now?
I consistently buy $50 a week into my company (SuperValu).  I've lost 40% of the value during the last 3 months, but I refuse to sell it until I get my money back and then some.
I just doubled my weekly deduction to $100 to take advantage of the extremely low prices.  |
Hope your in for the long term. You might be on to something here though. Warren Buffett just bought $500,000,000 worth and he expects it to go up 10 fold in the next couple of years. BTW it's dropped another 8% today. |
As of this hour, mine has dropped another 9.42% since yesterday. I don't need the $$$ anytime soon though. At some point it should stabalize and it should gain in the long term.  After that happens, I would have kicked myself for not putting extra in now.  |
If it indeed goes up 10 fold, you'll be smiling and styling. BTW, GM's at less than $5 right now. They sure spent that $17B from last month fast. "Damn you sure know how to fock things up."-GFR
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