SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : QUANTUM
QNTM 9.800-6.8%Dec 11 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Richard Grenier who wrote (6612)12/12/1997 12:24:00 AM
From: hui zhou   of 9124
 
Richard, It may be too late to sell now. If you can get some cheap loan, meet the margin requirement and hang in there, you will be OK in a year or two. It is fairly normal for any tech stocks went down more than 50% in short time. My past of experience of Teradyn(TER), my biggest losing trade ever, told me a lesson. I bought at 36.75 and saw it dived to 16 in 1995-96. I get out and feel lucky to see it further went down to 12. But less than 1.5 year, the supposing dead cat soared back to 58 at high this year and I am really stun by the power of stock recovering. If the company itself is basic good, it is worth to stick with it. On the other hand, if you put such a large position in one stock, you ought to use stop loss order to get out early. Happy holiday!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext