Hi all - Allen, very sensible post. And I agree with Mike too. Seeing one's investment collapses the way CTXS did is gut wrenching; however, stock market by nature is risky. To paraphrase some of the greatest investors, like Lynch, one should prepare to lose 50% [well, ok, CTXS collapse from the top is more spectacular, but no one seems to complain when the rocket shot up, except maybe the shorts :)!]
Anyway, I was thinking of completing my position, but seeing still so much agony out there, maybe the stock indeed would go down a few ticks more, I will patiently wait for another capitulation, if it happens.
best, Bosco |
