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Equafax...Time to Buy

JuiceBox69
JuiceBox69VIP41232297

Fucking on Young N Dumb Chicken Heads

8 yrs ago · 1 min read

Baron Nathan Rothschild, the famous contrarian, said that “the time to buy is when the blood is running in the streets.”

Replies (15)Latest

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JuiceBox69

I'm taking the gamble and loading up..just put in for 20 shares

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vincemichaels

The company is sound but they made some horrendous mistakes, the stock is paying for it. Go for it, juice.

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JuiceBox69

Hell yeah dawg

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twentyfive

That is misconstruing the meaning juice

this is from wiki investor contrarians have a permanent bear market view, while the majority of investors bet on the market going up. However, a contrarian does not necessarily have a negative view of the overall stock market, nor does he have to believe that it is always overvalued, or that the conventional wisdom is always wrong. Rather, a contrarian seeks opportunities to buy or sell specific investments when the majority of investors appear to be doing the opposite, to the point where that investment has become mispriced. While more "buy" candidates are likely to be identified during market declines (and vice versa), these opportunities can occur during periods when the overall market is generally rising or falling.

IMHO Equifax is not what Baron Rothschild had in mind it is not mispriced this is one that you need to let the market sort out.

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JuiceBox69

thanks for that wisdom my brother I will take this into my thoughts

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Call.Me.Ishmael

If any company is going through a major crisis that drives down the stock, yet there's very little chance that the company will fold, then I consider that stock to be "on sale".

It's not a new or innovative strategy, but it usually wins out if you're willing to let the stock sit while it recovers.

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JuiceBox69

I'm willing

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twentyfive

@Ishmael. That may be true but before you purchase there needs to be a plan to move forward equifax has not yet offered anything that will let them move past this problem and it is a problem.

Profile picture for Dougster
Dougster

Going to 0, I think. Buy Bitcoin instead.

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shailynn

I think you should buy a case of Four Loko instead. That is instant satisfaction.

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Mate27

Too many opportunities out there to focus on. Markets are fairly priced so dollar cost averaging into the broad market takes away any need for homework.

I got tired of watching stocks, but it's still fun to play with individual picks from time to time. TCCO and CERN are good tech plays, although one of them gave me 50% growth this year alone.

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mark94

I was considering a contrarian purchase of Peabody Coal a few years ago. Man, am I glad I never pulled the trigger. Not everything that’s goes down must bounce back.

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Dougster

Sounds like alot of these people in "can't time the market" camp, do do some stock picking.

"You can't time the market, but, sometimes I do pick individual stocks."

Profile picture for JuiceBox69
JuiceBox69

It's fun to speculate and gamble it up

My main account I call my retirem

Profile picture for JuiceBox69
JuiceBox69

Retirement account I just shoot for the safe mutual account and get my yearly 10%

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