posted on January 31, 2001 08:05:04 AM new
I have learned a lot this past month about things I am not sure I wished to know. But thanks to you all anyway. The stock market was one of those.
Last night I was resting and relaxing and some show was discussing analysists and brokerage houses. A name came up which I had seen here on the boards so I decided to watch a little closer. It was Blodgett or Bodger or something like that. The piece was discussing the analysists loyalty to the brokerage house for which they worked. I was surprised to discover this particular anaylasist is Amazon's and PriceLine. They were telling how when PriceLine stock was at $.50 he was still advising to buy and hold. That this was a good deal.
Now I am not sure how much I have learned so correct me if I am wrong. Isn't this the same analysist for Yahoo stocks? And I think at $.50 you have probably already lost so much money you might as well hold!!!!