Mark, John, Add,
I have heard many a positive thing about WSTL in the last 6 months, from people I know and are invested in it. When they suggested the revenue increase this year to 380M+, I said that seems just too cheap to pass up. I joined in the stock. This was in the mid-20s. Their results came and the stock was spanked way down. I went from huge profits to huge losses in about 5 days. 28 to 13. When it rallied a bit to 15-19, I shed a bit at a loss, then the rest. Time went by and the stock rallied on the next Qs great results, then BAM 30 down to what 10 now. During some of these times, I also followed but didn't invest in EFNT, CMTN, PDYN (thank god), GSPN, etc. At times, I felt I made the mistake and should have invested in EFNT or CMTN. This seemed cheaper. I see the new earnings estimate on EFNT, even the positive pre-announcement from VRTA.
I just need to say the greatest company in the world will not be the best stock to own if the stock doesn't act predictable (+) or have an uptrend. This stock at 15-16 was giving all the indications of heading to 10, many of us choose to ignore the obvious. That said, at these levels, we could double in the next year, if willing to hold at least that long. |
