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| Symbol | Sector | Return | Exposure | Trades | Last Trade | Status |
|---|---|---|---|---|---|---|
| AXP | Consumer Finance | -0.95% | n/a | 2 | 18-Jan-08 | Prior Holding |
17-Jan-08
LT buy
Holding Rationale for AXP.
i may be premature here dipping my toes into financials. AXP got spanked pretty hard for revealing what we already knew: people are having trouble paying their bills. i looked at the charts over many different time periods, looked at the financials, looked at the investors who hold shares, and thought about the overall economic picture. i think i am in at a good price if we experience a quick short downturn here. if it is a more protracted and painful one, i think my downside risk is limited. i reserve the right to change my mind on a dime though ;-)
Tagged Stocks: AXP
Posted at 10:11 in Holding Rationales | Permalink | Top
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2 Comments on "LT buy"
Posted on 18-Jan-08 09:27 by seacaptain
Posted on 18-Feb-08 08:40 by pablo222
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