>I still believe in the company and the execution of the
>business plan. The potential still exists for 10X once
>the Street recognizes the market leadership it has taken
>
>I am taking a long view with my 1,000 shares
I agree completely - as Steve Harmon said, NETP is in
a "building awareness" phase. I owned ATHM in Jan '98
when few people had heard of it, at a split adjusted
$11/sh. I eventually sold it (too soon) at split-adjusted
$45, a 4-bagger, when lots of people had heard of it, lots
of press coverage, etc.
Problem was, I had very little invested in it, so 4x was
not huge dollar-wise. I've got 10 times as large an initial
investment in NETP as I did in ATHM. I'm not selling NETP
until it is at least $100/sh. - unless they stop selling
their products to new, well-known customers, or otherwise
stop performing as a COMPANY (not as a stock - that will
come, when the "building awareness" is successful).
Look at a chart of ATHM - it did not just instantly soar
in its early days, it came in spurts. Netp will have
at least one spurt - some catalyst will trigger it -
Forbes/Fortune article, IBD, WSJ, CNBC, winning
a huge, huge customer (Walmart, etc), a huge
profit that greatly exceeds analyst expectations...
Get out of margin (if necessary) and wait it out -
I've found margin to greatly increase my sense of
nervousness in down markets, causing dumb decisions,
so NO MORE for me. |
