Q: I like a lot of ideas that Adam brought up today, and 5i response. Lets take stocks like CSU, LMN, AXON, and i could name many more, they are always BUYS at 5i, at the high and at the low, if you have a 5 year outlook. Maybe say that the stock has run to far and wait for a better buy lower, like Cramer does even on his favourites .
Too many investors feel that everything will always keep going up, and as some of 5i investors have found out . Well maybe we have found the low on some of 5i favourites.
Thanks Again
Too many investors feel that everything will always keep going up, and as some of 5i investors have found out . Well maybe we have found the low on some of 5i favourites.
Thanks Again
5i Research Answer:
Thank you; the issue with 'waiting' for a better price is that it may never come. Or, it will come in a fundamental reversal and never go back up. We believe strongly in the 'buy or don't buy' mantra. No one can get a perfect price repeatedly. We like the math: a winner can go up 10,000% or more. A loser can only go down 100%.