Still, I do think we may look back at this time
period as a buying opportunity.
Not exact matches
Hickey, who views the sell - off
as a
buying opportunity, also blames the plunge on a volatility shock sparked by a long
period of calmness.
As the value continues to plummet, we enter a
period of consolidation where the price begins to stabilize, which leads to a new
buying opportunity at new lower prices, and the cycle begins again.
Recently I stepped into the role
as Senior Director of Marketing at DiscoverOrg and, without a doubt; I have taken advantage of the immense
buying opportunity created during an organization's transitional
period.
I've rather typically built larger positions in a relatively short
period of time —
as fast
as capital and other available
opportunities would allow — by just
buying the same stock pretty much over and over again over the course of a few months or so, before finding myself pretty well stocked up on that particular name and then moving on to other ideas.
As you will see in viewing the portfolio's activity this
period, there is suddenly an abundance of new qualifying stocks — so much so that we reduced the price - to - book ratio criterion back to 0.80, and we had to sell most of our two - year rule stocks (in which the stock has not met the
buy criteria for over two years) to obtain funds to
buy the new
opportunities.
In addition, companies that were wise enough to stack their incomes when the
opportunity arose, most likely also stacked up their oil appropriation,
as when prices start to lose volatility and rise to steady rates, these firms will have a back storage of oil
bought during a far cheaper
period, the 2015 oil contango.