Teddy: You bet I'm emotional. The full impact of it just hit me this morning. It hits on all levels. I can and will recoup the money elsewhere, but the effect on my confidence level is another matter altogether.
I do not anticipate an actual buyout - just rumours which generally move the price up for a very short period of time, allowing the nimble to take advantage. We had a couple of these incidents last summer, if you will recall.
One other thing. I know you are 14 and that teenagers have been mysteriously imbued with all of the world's knowledge, but take a look at your recent experiences with NE and IOM. What have you learned from them? I hope if you take nothing else away from this, you begin to understand that when the whole world loves a company and stock, that everyone is a wild bull, it's TIME TO TAKE YOUR MONEY OFF THE TABLE. On the other hand, when everyone is bearish and it looks like there's no hope whatsoever, assuming that the company is still growing (IOM, perhaps?), it may not be time to take pennies on the dollar and go. I haven't decided what I am going to do personally with my large IOM holdings yet, and you shouldn't either based on the last two days.
Whatever you do, good luck to you. |
