From MrMarket's yahoo group site, this bit of classic MrMarket understatement: Today I sold FRED at 30.29...that's a 16% gain over my purchase price (3-2 split adjusted) of 26.18..I am HUGE!!! I am unbelievable. That makes 30 consecutive profitable closed trades of 15% or better on the positions I've opened since 2002!! I can't be stopped. I am a runaway train that just keeps picking winners. Can you do that?? YOU? YOU??? YOU????? The pitcher tries to groove a fastball by me and WHACK! I smash it out of the park. I am so good. I am easily the greatest stock picker on the planet. Now some lesser mortals may have been fearful of Fred's precarious drop in stock price earlier in the year. But with my superior intellect and keen cognitive ability to crunch numbers and assess winning business models, I knew FRED was a winner. That's right...FRED was up over 100% off of its low this year. Cutting losses is for LOSERS when you buy great companies. It's all about EARNINGS EARNINGS EARNINGS...let the weak hands sell...I'm keeping my shares and I make money. Money Money Money...I'm taking my profits and am buying floor seat Springsteen tickets Friday night for all my friends at the brand new Lincoln Field in Philly. Who will drink with me? I am HUGE!!! Bring me your finest meats and cheeses...build me a temple. $$$MR. MARKET$$$
????????? :eek: Edited the next morning: Somehow I didn't see the introduction "from the yahoo group" last nite when I first read the post. Hence my reply. Without seeing that lead-in, it appeared that AAA' was MrMonster, as one PM i received put it. Whew... all is right in the world again.
Because he's had 30 consecutive winners!!! He claims to be the best stock picker on the planet. Wild boast or well-supported contention? Who am I to judge? Who is better?
That's what separates you from MrMarket. He does it in real time. What mutual fund has a better record? What about the financial site geniuses? Can Dave Landry match him? Kevin Haggerty? Jim Cramer?
So let's all bow to the glorious MrMarket ........................................................................................ ........................................ ................................................NOT