If you bought into DELL in the $40s, and you're going to stick with it, stick with it for the right reasons; not because you're waiting for your investment to get back to even.
There are a great number of "investors" on SI (and in the market) that need to take a reality-break. Those of us who were in DELL since '96 or earlier had one hell of a ride- a ride that is truly a once in a lifetime run. Sure there will be other big movers, but I doubt any will ever run as solidly as DELL did.
You're damn right when you say that 25-30% return per year is great, but I think that there are a lot of people on this thread and others that expect 100% every three months in five different stocks. I wish them luck, because that's just about what it is- luck.
Granted, I've been guilty of having high (unrealistic) expectations, too. But, these past few months have given me the opportunity to come back down to earth (not in a financial sense, but from an expectation sense).
If you're in DELL right now, as I stated before, own it for the right reasons (and because you understand the company). Those expecting it to go to $60, $75, $90, $100, or $250 by 12/31 just because of it's past track record might be in for a surprise.
Regards,
LONGonDELL
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