Sergio:
I didn't so much "give" my shares away, as "sold" them with a 20% profit in less than a week, which to my admittedly pagan, philistine, pig-dog, profit-mongering sensibilities is a POSITIVE thing. My only regret is that I didn't "give" them away on Monday at 1 7/8, when I could've achieved nearly 50% in two days.
I agree that this is a long-term play, and look forward to getting back in once the volume picks up. Until then, I have to take my cues from the market itself, rather than the long-term ambitions of the Equus Fund.
The only problem with you DIS people is that you discover too many good stocks. Unless one has a lot of money, at some point you have to dichotomize yourself, make half go into short-term thinking and 1/2 the other way, and--and this is what I did with LUNN/ATPX--have the flexibility to trade in and out of those two very different sensibilities, as the situation changes. I saw ATPX quite possibly sitting like a duck after a rainstorm for days, maybe weeks, and the rest of the world thriving with opportunities. I moved the money into SEEQ, but I'll be outta there if things don't go my way too.
Sorry, short Q, long A.
Ivan
PS: Along the same lines, I'm fixing to sell CADE and plunge it into RECY, but RECY keeps slipping in and out of sights. |
