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Investment Strategies / Falling Knives
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Author: JohnIII   😊 😞
Number: of 670 
Subject: Re: Costco
Date: 06/21/2024 9:34 PM
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No. of Recommendations: 7
This move made me the "big dip"

Well, Jim, I'm smarter than you. Because I do what you say and not what you do :)

I purchased ANCTF in May and June 2021 when you brought it to the board's attention (good buy points, btw). You also said it rarely trades at a PE above 30, so that would signal a good time to sell. I don't believe the PE has cleared 25 since then, so I still own it. About double the S&P 500 return since then. So I'm happy.

Thanks,
John
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