Steve,
You write,
Sure, I loaded up on this stock because I thought once the rumors were dispelled, and the Oct. earnings came in better than expected, we would be at $35 or $40, not $21!! So basically, I was right about the fundamentals, and right about management ethics/guidance. The only problem is that for the huge risk we took by owning this stock going into earnings with all the bad pub. we get nothing but losses!
I empathize completely. I'm very, very long @$30. I think I cruise the net looking for info to get my mind off the low 20's. In any event, it serves to reinforce my (hopefully true) belief that I'm not in denial.
But concerning CYMI, I for one sleep well at night. Maybe I've read too many Peter Lynch books.
Back to funda-serfing.
Best Regards to everyone,
PD |