Spansion Inc. Message Board

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Technology Stocks : Spansion Inc.

CY 23.82

0.0%

Apr 16 5:00 PM EST

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To: Plissken who wrote (2538)	11/14/2007 8:18:16 AM
From: bobs10	of 4590

you: sold another batch. While I still think the stock is a viable investment once it touches profitability I had to skip out of some of my more recent holdings to be able to credit the loss against taxes before the holding time exceeds the taxation period. I may re-enter at a later time when I'm more confident that we're seeing the bottom. Still holding my oldest shares, no point in selling those. me: Yeah, timing is usually critical with "turn arounds". That's one of the reasons why I'm not in any hurry to get fully invested again, even though it would cost a lot less to do so now. This shorting isn't over, but there are a group of what looks like informed buyers diligently working the edges of the stock right now. It's definitely a nail bitter, but if you wait until the turn around happens you loose a lot of the "bagger multiple". Everything is a risk. How about some nice secure asset/mortgage backed securities? You can't ask for anything more secure than those, right?

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