Regine
Rely on your own analyis as what to do with your investment in FTEL. The early holders of this stock of course will encourage you not to sell because if there is panic selling, it will drive the stock down. And remember the early buyers are still sitting a profit. The question is ARE YOU or should you cut your losses?
Every poster on this thread is looking after his/her investment. Do not believe that his claim of "I am trying to make others money without any benefit to myself", or that the advise is for your own good albeit hurting himself/herself.
I have made considerable money from FTEL, but I see that this is a volatile stock, and take advantage accordingly. I bought FTEL in early December and todayt I am selling my last 1000 shares at a profit.
People have been saying that Frank is VISIONARY, I agree. But those who claim that Frank is visionary do not follow Frank's action. When he sold at 5+ (reportedly only 500 shares for his son's college education - yeah right), I started selling on the way down at good profit, turn it into networking stocks, make nice gain, and now investing in wireless communiactions and disk drives. On the other hand the "dirty dozen" are still holding and keep suggesting to others hold hold hold.
I like to know who are the members of dirty dozen. Please stand up one by one, state your cost basis for FTEL and in what figure do you own your stock. Then Regine, evaluate yourself the motive of every poster.
Look at the market, good stocks moving North while FTEL going South, the gap is getting wider and wider.
I am not suggeting for you to hold, buy or sell. You have to evaluate your own situation and good luck as to whatever action you are going to take. |