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Showing posts from August 13, 2017

If You Can Keep Your Head ...

... when all about you are losing theirs, and blaming it on you ... Noted liar and exaggerator (President) Donald J. Trump was at it again today.  In an unhinged and ranting press conference at his digs in New York, he (among other oddities) compared Robert E. Lee to George Washington and Thomas Jefferson, proclaiming that we may be tearing down their statues too, someday.  Well now.  One can only assume that we will never be tearing down a statue of Trump. If you can trust yourself when all men doubt you,  But make allowance for their doubting too. In other news, Dick's Sporting Goods (DKS) reported horrible earnings today.  The stock has lost half its value in a year, and is a perfect example of a great store and horrible investment.  They cited weakness in hunting and outdoor gear as a reason for the disappointing earnings.  OK, then.  If your margins are that thin, I guess that's the reason investors have suffered. ...

It's Nice to be Right Once in a While

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I'm pretty sure I've mentioned Extreme Networks (EXTR) before.  I've been holding this stock for a while, and wondering why it has been down over the past 3 months.  Sometimes, the market doesn't know what's going on, and investors have to trust their instincts a hold onto stocks that they bought because they believed in the company when they made the purchase. In the case of EXTR, I fell in love (bad to do, I know) with the company when I figured out what they did and how if worked-into the way companies are doing business today.  It's a growth industry, and as such, one has to endure a certain amount of doubt from the so-called "investors" when something happens that they find a reason to sell. The stock went from the $11 range down to the $9 range in the relatively short time period of three months, on almost no news - other than the fact that the company was signing-up new businesses and otherwise moving their business forward.  I had to tune-o...