WCA Waste Corp (WCAA)

JohnSmitzerhoven (< 20) Submitted: 3/06/08 8:55 PM : Start Price: $6.50 WCAA Score: -1.91

I bought this at a terrible price, as it was falling. I should have watched it first, like I did with my other buys, but I did not.

I bought because it's in an industry that everyone uses, it's buying out competitors to become bigger (you can't go wrong with bigger when everyone uses something, at least in the short term), and it's leadership is adequately experienced.

Just because I bought high, I've lost a bit of money. But if I still had the money, I would be buying this stock because I still have faith in it's industry and principles, and one bad earnings report does not shake that faith.

Report this Post Replies: 0 | Reply