Donna, I agree with your sentiments, although there are some concrete bits of evidence that better times are ahead for this company, despite management's games.
As for not selling, I am reminded of my decision last summer to sell NCTI, after having held it for years and watching it drift down to 0.25. It rose to 0.75 and stayed there a bit, at which point I sold, not wanting to hold for another price decline. Sure enough, NCTI promptly shot up to around 2, and held around 1.75 for a while! My losses would have been much smaller if I didn't sell! $^)
I see no reason to sell at least until the 1997 Q4 financials are out. They should boost this sagging stock. And, I'm willing to bet (OK, I *am* betting by holding!) that mgmt. is orchestrating some other press releases to boost the stock above 1.
We'll see..... |
