Results 1 to 3 of 3

Thread: AVID Stock

  1. #1
    Join Date
    Jan 2004
    Location
    Franklin, TN
    Posts
    14,647

    Default AVID Stock

    Many people started thinking the sky was falling when AVID got de-listed. I started buying a company with no debt and the ability to weather a storm - really it was a market over-reaction to a minor accounting blip in all practicality. I bought some stock when they dropped to the $5 range and then I bought a bit more at $6.15. Today they trade @ $7.18 and I took some money off the table with a gain north of 20% in 6 weeks time. I know this looks to some like greed, but show me a gain of 20% in 6 weeks and I will get in the line...

    http://finance.yahoo.com/q;_ylt=At5Q...finance_web_gs
    Todd Robbins
    TX3 Productions, Inc.
    www.toddro.com

  2. #2
    PookyNR is offline 3D VIP 2005, '06, '07, '08, '09, '10, '11, '12, '13, '14
    Join Date
    Apr 2004
    Location
    Edmonton, AB, Canada
    Posts
    6,889

    Default

    One man's freak out is another man's opportunity...
    Am I the only one without a small type signature?

    Nathan

  3. #3
    Join Date
    Jan 2004
    Location
    Franklin, TN
    Posts
    14,647

    Default

    Quote Originally Posted by PookyNR View Post
    One man's freak out is another man's opportunity...
    The joy of being a value investor! Buy when others are fearful!!!
    Todd Robbins
    TX3 Productions, Inc.
    www.toddro.com

Similar Threads

  1. Online Stock Trading
    By Lawrence in forum Asides (a parenthetical departure; a digression)
    Replies: 7
    Last Post: 10-30-2009, 09:03 PM
  2. Cheesecake Factory stock up 20% in one day?
    By 3daudioinc in forum Asides (a parenthetical departure; a digression)
    Replies: 23
    Last Post: 04-28-2009, 10:24 PM
  3. Stock Market Players...
    By landoblues in forum Asides (a parenthetical departure; a digression)
    Replies: 11
    Last Post: 01-05-2008, 12:13 AM
  4. Pre CDs back in stock
    By 3daudioinc in forum The Old Yellow Board
    Replies: 5
    Last Post: 12-21-2004, 03:24 PM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •