When you have stocks that are doubling in value in a few weeks when there's no significant change in fundamentals, that's all you can hope for. It's not worth hanging onto any longer.
More Quotes from Wendell Perkins:
The Sony brand remains very powerful. Competitors have managed to hammer away but the brand is still well-known and stands for high quality. They've got to become the company that they used to be, which was highly innovative.Wendell Perkins
Perkins also thinks that since Wall Street has been relatively bearish on the stock, the slightest bit of good news could boost the company's shares. There doesn't seem to be huge expectations for Apple, ... So any moderate surprise to the upside should have a powerful effect on the stock.
Wendell Perkins
We had a great deal of exposure to China last year but we've been reducing it mainly due to value not being there at the moment.
Wendell Perkins
I was hoping that there would be a dividend boost. But the company did just put it into place, so maybe the hopes were overly optimistic.
Wendell Perkins
What we really like about the European companies is their ability to expand east.
Wendell Perkins
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