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Microcap & Penny Stocks : CHYRON CORP (CHY)

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To: Bill Hermesmann who wrote (268)10/19/2004 1:17:23 PM
From: Rob Preuss  Read Replies (1) of 292
 
The pain ends...

I sold off the last of my shares, finally accepting the huge loss as reality.

I guess knew for a long time that I would never recoup my original investment, but had been holding on to try and minimize the loss. Earlier this year I decided I would just accept my loss and move on... if for no other reason than to avoid being distracted from my more promising investments. So I sold the bulk of my shares in March and April at prices ranging from $0.55 to $0.79 and finally sold the last of my shares today at $0.53.

Whew... what a dog this has been. The prices I paid 4 years ago ranged from $3.50 to $9.50. Now the silver lining is that it will be a long time before I pay taxes on my gains from other stocks... if I ever see such gains again...

For anyone foolish enough to care... please note that the stock symbol is CYRO.OB

Rob
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