Not the bottom
Hi Friends,
One of my favorite kinds of investing is bottom fishing - looking for companies that are trading at a discount for some reason or other and are near the bottom. I had thought I found the bottom on Viacom, but my buy at $41 was not the bottom:
I may add here if the market is bad next week. Should be an easy 3x from here in the next few years if the markets stay decent - too many good things going on with the company.
I guess you can't win them all...
Thanks for coming by,
Brian