LOL,
Hi Marcos, nice to read your post again...
I too added to my shares (yesterday actually), I agree Mgmt is very conservative, and I don't think that the tech boom is over..., sure there has been a shakeout, but that too will past... I still like the "investments" that ITE has made... unlike the last poster, (who I will reply to in a few minutes), I have been in & out of ITE many times in my Wife's RRSP, however I made some fundamental mistakes in my own account...(basically I bought & HELD ITE on the way & kept averaging down. Still am averaging down. The way I am treating my account I might be averaging down to ZERO... but that is another story for wanabe historians someday...
I will declare my bias now... ever since Keith Massey so long ago started posting that he bought in; I started buying in.... (@ .60c or something like that) I have completed my D.D. & I know what I have gotten myself into...
To state the obvious, if you held ITE in the hopes of getting rich quick... you are probably pretty disappointed...., Howvever, if you treat ITE as a trading stock (muck like I do in my wife's trading accounting you are probably doing okay... so again to state the obvious I still like the story & I still think that these prices are compelling.... BWTHFDIK....<lol>
Regards,
Peter |
