A timing example
I found an interesting example of timing's importance while reviewing some closed picks today.
Back in late June, Barron's ran a negative piece on American Oriental Bioengineering (AOB), a Chinese neutraceutical company. The Monday following the article, I gave AOB a red thumb down, starting price was $8.75. Later the same day, TMFOtter gave it a thumb's up at a starting price of $8.41. I posted a reply to the pitch stating that one of us was playing the article the wrong way and time would tell.
As it turns out, we were both right. As of today, TMFOtter's AOB pick is ahead by 11.17 points, my pick is ahead by 12.3 points. Same stock, opposing picks entered on the same day, but both were winners. The difference was I ended mine a month ago at $7.90 when AOB had sold off and it's recovered to $9.15 since then.
Nothing earth shattering, I just thought it was interesting that opposing picks both turned out to be winners over a two month window.
Thanks for reading and Fool on.