Hello ALL,
I understand how painful Mr. Maher and others (included me)
when seeing Corel stock goes South every day. I bought Corel
options twice (and lost), I used my margin account to buy
Corel shares (margin call twice) but I still keep my Corel shares.
I tried to figure out how this company doing so badly last year
or so and believed that the company spent too much money on
advertising, promoting etc...
When I've heard Corel now is in maintainance mode (this is good
news to me). This Friday, I added 1000 shares more to my
portfolio at $Can 8.50. But I forgot this is the THIRD FRIDAY
of the month when Options are executed. Big (even small)
investors can easily control the stock price when the trading
volume is so low (~70,000 on TSE). I don't believe this stock
can drop more than 20% from 8.50 which I can afford. Anyway,
I think this is a company which has many good products, fast
response to the market requirements e.g., when the property
menu introduced in Draw 7, users welcomed this idea then
you will get it in WP 8. Remember that only 3 months after
acquired WP from Novel, the WP 7 was born.
So the bottom line is "Don't worry be happy". Be patient and
waiting for stock price goes up.
I will add more shares to my portfolio if the stock goes down
further.
Long on Corel.
Dinh
Regards, |
