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Accordingly, technological limitations no longer provide an excuse for abiding the threats to market integrity that selective disclosure represents.
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From here on out, the market is going to get much more selective and much more challenging for investors.
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Vahan Janjigian , editor of Forbes Growth Investor and Forbes' Special Situation Survey believes that at current prices, the market is looking attractive but you need to be selective.
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If only a few firms compete in a given product market, if the market is difficult to enter and if all leading firms adopt selective distribution, then competition between brands will not keep prices down and consumers will suffer.
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"The broader market is likely to stay firm, and we are advising investors to make selective purchases, " said Mr. Mahajan.
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In April and May, we felt the portfolio faced some real risks but the options market was charging high premiums for downside insurance so we had to be very selective about which risks to insure against.
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If you want to be involved in the market right now, you have to take a more active approach and be a selective stock picker.
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