Buying stocks when it is fearful to buy...

When investors are dumping like lemmings, AND the announcements by some stocks are good, you are just as fearful to buy.

Of course, not all good announcements are truly good.  GTE announced great drilling grade but somehow, it jettisoned its Kazakhstan tenement because it is not good enough.  And it has tenements next to SFR which it has not drilled yet.  It has been a big let down recently.

ALK and SLR have not been performing either.

However, contrast that with TON, NST, AVB, WCL and RRS, I have been scoring good gains.  BDR will perform eventually.  The market has been ignoring its good announcements.

To temper my risk, I have collected OSH, WBC and ANZ, mostly for stability and dividends.

Currently, I would say that it has often been rewarding for me to be a contrarian... but you have to be a sensible contrarian, ie buying when investors are dumping WITH good announcements.