Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
Best Of FK | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search FK
Shrewd'm.com Merry shrewd investors
Best Of FK | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search FK


Investment Strategies / Falling Knives
Unthreaded | Threaded | Whole Thread (63) |
Author: palmersq   😊 😞
Number: of 577 
Subject: Re: FKA: DG
Date: 08/08/2024 12:29 PM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 1
Back to DG, oddly it is up a bit today, while most other things are rather strongly down. At $122 at the moment.

I'm impressed you are rather spot on, Jim. It's so hard to read more on a few days' price movement.

I confess I myself have no idea what those price movements were whispering to me except for more aggressive buy/sell by some at those precise moments.

Personally I am not sure DG will outperform the S&P 500 over the next year or two - I think I read some structural shifts in the tea leaves but I could be quite off. I just don't have a clearer vision either way on this one so I am just sitting out. You might as well continue to be successful picking up quarters in front of steam-rollers but longer-term positioning on better companies has worked better for me.

I am always paranoid about high debt level (if you take the capital leases into account, e.g.) 'cause such a debt-ridden company can spiral down quickly when caught at an awkward moment. I do wish you better luck than LYLT since you mentioned it had evolved into a meaningful sized position for you this time.

https://discussion.fool.com/t/fka-still-falling-ly...
Post New | Post Reply | Report Post | Recommend It!
Print the post
Unthreaded | Threaded | Whole Thread (63) |


Announcements
Falling Knives FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Best Of FK | Best Of | Favourites & Replies | All Boards | Followed Shrewds