Why I held on to ALL my Iomega shares today . . .
Those who sold at $27 may have been the smartest ones here (should the market be punished next week).
However, I debated (to myself) whether to sell @ $27 today. I asked myself, "Do I know of a better stock out there with solid fundamentals and a lot of growth potential whose price does not yet reflect this?"
I could not think of a one. Thus, I held.
I owned Dell @ $25 (this year). I was stupid and sold it. It was not a steal @ $102. And, it is not a bargain @ $80. A great company, a good product, great management, and great name recognition. But, not a bargain. Be careful. Momentum can change very, very quickly.
Intel may yet test $65 before it starts going up again. Be nimble, be quick, be smart, and most importantly, be lucky . . . |
