Some of Jim’s Q&A from today:
--Is SHLD a hedge fund or a retailer?
-- I bought MA @ 44, sold ½ at 88 & am now playing
with the houses money…when should I take my
chips off the table for good? P/E of 140 seems
high, what is a good company to compare MA with?
-- I'm familiar with your mantra of
beginning a position smaller, and backin the
truck up if there's a pullback - but when you
get into a position and see it take off, is it
ever okay to buy into the lift if your thesis is
that there isnt going to be a nearterm pullback
that wont make the spread too big?
-- When you are doing homework on a stock do
you have a checklist you use? What are the best
sites to find information? What site do you use
to find the growth rate of a company? Different
sites have different growth rates.
