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Technology Stocks : Brillian Corporation
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To: Tom Caruthers who wrote (201)3/29/2007 5:14:03 PM
From: ND_Pendant  Read Replies (1) of 361
 
Yes, that's what I'm saying. The minute you enter the stop, then you may as well sell at that time at whatever the current (higher than the stop) price is. Because the stop will hit a lot of the time.

I'm only saying that as it applies to my experience with this stock.

But once the stop hits, and sometimes it's on a quick dip down, then the stock is back up and you have to play catch up trying to buy back in. It's a horrible feeling to know that you once had owned a great stock and see the price hitting new all times highs and you never had a chance to get back in, or maybe you did but you don't have as many shares.

I leave the trading to the speculators. I am a buy and hold guy. And this BRLC story is going to take a year or two before it catches on in the broader investment community and finally reaches fair market value, which I say would be a PE of between 25 and 30 (Sony is at a PE of 50).
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