Bruce, regarding your thoughts about the effects of analysts on a stok movement, I still believe most analysts in this world are doing a fine job, honest and non-biased. I might agree that some analysts may be influenced by self interest or special interest at times, some analysts are as dumb as an amateur investor or even more sometimes, and some analysts may just simply a trend follower or "scared to wet his pants" (I mean Adams Harkness). But the majority of the analysts in the market place, I believe, are non-biased and responsible. Those are the good guys. Are the Cymi analysts good guys ? I don't know. I just have to carefully listen to what they have to say.
Despite the huge paper loss I am incurring with Cymi, I am trying not to blame for somebody else, including analysts, management, news media, S. Korea, rumor grinders, or short sellers. I would say I am the only one to blame, and on top of that, my unluckiness is what to blame. I can't hope to win in every stock I buy. Even Sir Templeton said he was wrong 1/3 of times. But if I am wrong, I am trying to admit it and find out a strategy. For now, my strategy with Cymi is to keep holding the stocks I have bought way up there, and buy more when it's on its way up, because I feel it's just too cheap to sell at this price.
This however, does not mean I am going to stop arguing about the brightness of Cymi (my honest belief). At the same time, I love to hear the othe side of my story. I might still suspect "a special short attack" on poor little Cymi although I admit I don't have any material facts to support my thinking except the unusually high percentage of short interest.
Hang in there and tough ! |
