Dear ivernia: I can find nothing to account for NTAP's drop and indeed, as I write, NTAP is heading back up, now at 181 1/16. [Edit: NTAP is now up over a point]
If you purchased your shares as a long term holding, my advice is to relax and try not to watch NTAP today (or for a while). Maybe you suffer from the same malady I do when it comes to buying stocks: the day I buy, the stocks heads down. Last year when I added to my JDSU position, I added shares at 269 [pre split]. Guess what! JDSU tanked, was down kissing 200. Although I was kicking myself for adding those shares at a higher price than I would have had to, I was not questioning my decision to purchase those additional shares.
Maybe go out for lunch with some friend or, depending on where you live, get outside and do some pre-spring yard work? When the market tanks (or is in bear periods) or a large holding drops a LOT, these are some of the things I do so that I am not watching the market.
Regards,
Lynn
P.S. I'm running into Schwab to move the remainder of my NTAP shares to the Roth.
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