Hey Ed, I am not just gonna to flame you but I am gonna to torch you to the ground (ggg).
I don't blame guys like Louis, after all he is merely taking advantage of the market condition. But I blame the CEO. Granted, our resposibility as investor, is to check on the fundamental of the company and the market. So I have done my homework, and true enough, Sandisk's earnings came out with flying colors and I don't see any slow down for the next few quarters. Then out of the blue came the CEO with a big shotgun and in a big flash, he blasted the hell out of this stock. So how in the hell am I supposed to know that? Why did the CEO do that? People who have been in this stock for the last year or so said that he used to put a damper at every good news. May be the CEO got a pessimistic mind or something. I suppose I know what to do at the next earnings report. In term of PR skill, this CEO is worse than Noam Lotan at MRV.
My average price is around $27 (not including the shares I bought yesterday at $31 3/4). I could have taken profit at $39 but since I start to fall in love with this stock, I try to stay long term. Big mistake again. Never fall in love with any stock, I swear again.
CHKPF didn't get hit hard, isn't it, after jumping 13 points or so in a day. Welcome you to the Sand club. |
