Ben, a bit of advice: "buy low, sell high"
Don't get me wrong, I bought the JUL 12.5 calls for 2 1/8
so I won't even break even until this stock goes up to 14. SOON!
Would you have bought at 12 1/2 if you heard the negative views on this thread? Personally, I might have but I would have been more aware of the risk than I was when I bought the abovementioned calls.
No one likes to lose money twice on a stock (been there, done that)
but I truly beleive that the only way to make money in the stock market is to be cold, unemotional and objective to an extreme. When I read your previous comment:
"Thought I got a bargain, and heard all the criticism
here on this thread. I got a bit frazzled by it all. I have people on
other threads send messages back and forth for months beating up the
company they supposedly invested in, and watched that stock go down the drain.
What I can't understand is how people who follow a stock spend so much energy
talking it down to a loser."
I can only conclude that you are not being objective. SYSF may quickly go up to $15 or $16 but you have to agree that it is a high risk investment. There is a 50% chance it will go down. I used to own Zycad (ZCAD) at $5.5, look at it now. Zycad's thread had almost nothing BUT cheerleading. Cheerleading doesn't have any effect on a company's stock price. You must look at the good, the bad, and the ugly before you make a decision. I often check the following URL to determine how a stock is doing compared to its peers:
stocksmart.com
It seems that SYSF is selling at a discount to its peers, and IF everything else is going smoothly and in the right direction, the stock value should increase. But there is no guarantee.
Good luck in your future investments and good luck to both of us with SYSF! |
