From your earlier post #2893:
"I'm still wondering why I keep any of this stock..."
If you are indeed long, don't you think you are not being smart slamming your own stock and investment at the same time? Looking at the past messages you have posted here, you certaintly aren't helping your position in any way.
For someone who has spent alot of time researching into the company, how wise is it to talk it down? Unless, you are short? At these levels, shorting could just be about the worst thing to do. There is more upside risk than downside, in my opinion.
Granted, investing in ROSS is risky. But at a few bucks and change, plunking in a few shares to hold over the long term is a wise move. If you are in so large on your long position to a point where it was one you now regret, you have reason to be upset with one person - yourself. You did have to wonder at some point why ROSS was sub $5 anyway, right?
Best to stick your money in, let it sit for a while and see what it comes to. I felt the same when the following were down in the dumps for many years. I continue to hold Sony for 15 years, Novell for 9, and Harmonic Lightwaves for 4.
I also held Atari for 6 and it ended up in the dumps. Overall, I cannot complain - more winners than losers and with great percentage returns on investment and makes up for the Atari screwup.
Also, take a look at my recent holdings at my website. www.whats-the-buzz.com. Can't complain at all.
Hang tight and hold on. At the first sign of strength, add. Never go in large from the onset - you will never know where the bottom and tops are. Managing your money and the risk is everything.
Good investing,
MrBuzz
www.whats-the-buzz.com |
