SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Novell (NOVL) dirt cheap, good buy?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Paul Fiondella who wrote (14981)7/27/1997 4:01:00 PM
From: Nadim Mando   of 42771
 
Paul, I am sorry to hear about your losses. It is so depressing and painful. I myself suffered from a great loss 2 months ago. As you know, no one is perfect. We all make mistakes including investments. But what is important, is to learn from those mistakes and not get bitten twice.
- First of all, I know this sound hard but don't let it get to you.
- Go back in time, and find out exactly what you did wrong. Did you hold when it broke a major support ? Did you average down when you weren't supposed to? Did you change your investment strategy ?
- Sometime, it is OK to take a loss. That way you would at least have capital to play another day
- Be careful of adopting new investment strategies. As the learning curve may cost you as well.

I think NOVL is a bout to take off regardless of any news or any fundemental changes. My prediction is based on TA. If I am right, I will stick around for a while, otherwise, I will dump it and move on to something else. Next week will tell.

Good luck

Nadim
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext