Captain--if you're out of here in the next rebound, then we're not here for the same reason, or more accurately, while our goals are the same (to make money) out methods will be decidedly different.
I have no plan at all to sell this stock before five years time. While you are right that it was "an ugly move [considering] the great news and numbers," I watched in amazement a little over a year ago when it seemed to me that E*Trade was doing well--Softbank had bought tons of EGRP stock several months before at $25, and despite that EGRP stock sunk to $10. I couldn't believe it, bought a couple thousand shares, sold 1000 of them for a measly $2k profit, sold the other 1000 for a little more profit, and--thank God--had the wit to finally buy my final 1000 at $25 before it began it's great ascent (and split twice), which admittedly has fallen substantially since April.
I guess what I'm saying is this: if I could marry a stock, this would be the one... |