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Technology Stocks : Aviat Networks
AVNW 24.14-1.6%Nov 4 3:59 PM EST

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To: Rob Preuss who wrote (238)1/16/2009 6:02:15 PM
From: The Hogman  Read Replies (3) of 312
 
Rob,

I have looked through your past blogs on HSTX (Formerly STXN) and you are generally very optimistic and keep talking about adding shares everytime this stock tanks.

Consider, this stock as STXN went from ~$45 to ~$5 a share several years ago. STXN was then sold as a company and 4 shares of STXN transferred as 1 share of HSTX. HSTX at the transfer date sold for ~ $20 a share and today sells for ~$6. This stock has taken a bath.

From what I see HSTX is a dog that looks to be ready to be sent to the pound. The parent company I see as looking to divest.

I cut my shares in this stock YEARS ago and am happy I did. I have a few shares left and am looking to sell them soon.

Buying more stock in a company that keeps going down makes no sense whatsoever. Like the saying goes...you gotta know when to hold'm and when to fold'm.

I know a guy who bought STXN on its way up and made millions...then when it started down he kept holding and buying more. Now he has a lot of paper but not much money. Hope you did not make this mistake.

Hogman1
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