Hi Martin,
As I posted some time ago, I sold off 90% of my position in this company, made a very slight gain, and kept 3,000 shares for either as a toe hold or a loss. If I pay much attention to this stock at this point though, my strongest response is one of annoyance, kind of like the tin can tied to the dog's tail, and I just may be at the point of cutting it loose and taking that benefit. I don't see anything else that would make better sense. Of course, I could be wrong, but if this stock is going to do any better in the future there will surely be a more sensible point of re-entry at that time. To spend a lot of time re-examining everything about why one originally got into this stock is an irrational attachment to pride and hope, not unlike busying oneself with rearranging the deck chairs on the Titanic. There are many, many far better alternatives.
By the way, even though I have not posted a lot to this thread, I have followed it for quite some time. For the most part, I have found the people here to be genuine and sincere. I truly appreciate and respect an opportunity like this for, beyond being a powerful medium in which we can all participate in the marketplace to an extent unheard of just a short time ago, I find it enriching and filled with potential for rewarding self examination and personal growth. Here we have a context, thanks to technology, in which we can all be helpful to each other in immediate ways at the same time that we pursue our own personal goals, and thus the synergy is such that each one of us can accomplish much more than ever before possible. It is important that we not misuse this opportunity by losing sight of the good that it can do, nor abuse it for personal gain at the expense of others. The wonderful thing is that I now know you, and you know me. I thank you for all the good you and many others have done on this thread.
Best,
Charliss |
