Blog

Signs point to yes

April 26, 2005

I hate stocks. Let's say you want to decide if now is a good time to buy, say, my company's stock.
Uh oh. According to this chart the stock seems like it's going down. Down sounds bad. Sell! Sell!

But wait! In this news article it looks like the stock got hammered because of Wall Street's misunderstanding of our deferred revenue model, but actually the company reported record profits and revenues! Buy! Buy!

But oh no! It looks like this analyst is saying that I should sell the stock because the company has too high a debt ratio. Sell! Sell!

But oh wait! According to this chart, that analyst isn't as historically accurate as a bunch of other analysts who are actually saying that I should buy the stock. Buy! Buy!

But hang on! According to this table, although there are 17 analysts who are bullish on the stock, there were 19 bullish analysts just a month ago! So the number of bullish analysts is shrinking. Sell! Sell!

So you see why the mattress is looking like an attractive place for my money these days...

Posted by rus at 05:38 PM

Comments

You're starting to sound like Jennifer; I think, if she could, she actually WOULD put it all in her mattress. :P

Posted by: Steve C. at April 27, 2005 11:25 AM

And you made fun of me for keeping my money in a box!

Posted by: Theresa at April 27, 2005 07:20 PM

Yes, but when I say "mattress" I mean "FDIC-insured ING Direct account earning 3% interest". When you say "box" you mean "flammable shoebox made of cardboard sitting under my night stand".

See the difference? :)

Posted by: Rus at April 29, 2005 09:51 AM

See, then, you shouldn't say "mattress" when you mean "complicated investment thingy." Imprecise use of language is a no-no. ;)

Posted by: Theresa at May 5, 2005 02:51 PM

I like that a checking account is a "complicated investment thingy".

You're just doomed, you know that? :)

Posted by: Rus at May 5, 2005 04:50 PM

I guarantee I'll have the nicest cardboard box under the bridge down by the river when I retire. ;)

Posted by: Theresa at May 6, 2005 11:19 PM