<<what more do we have to do to convince people..>>
When it drops to $8, I'll buy 1000 more,and I'll buy additional 1000 shares every time it drop $1, ($7, $6, $5, $4 ...). If NOVL can continue to sell their product ~$1.5B next year (with earning of ~$0.90/sh for 1997), and keep on growing at 15% a year, I'll continue holding and buying more NOVL stock. It would be interesting to see NOVL stock trading at $1/share; in that case, I'll put all available money into it, because it is the first time that I can own a stock with a PE of 1.
I am a sentimental fool, and I happen to like NOVL, and I don't need anybody to "convince" me how to invest my money. I did make money from MSFT, and I did sold all my MSFT shares for a 100% profit, and may be I can do the same from NOVL stocks. Besides, when somebody is trying hard to "convince" me, then I am forced to ask myself why is this person doing this?? What is the motive??? Am I need to be saved from my own stupidity ?? Am I spending my kid's inheritance on NOVL ??? How am I going to explain to my wife and daughter that I was "convinced" by somebody on the Internet whom I can't even associate a face with the name??? I do appreciate good info, but please spare me of the "helpful advices".
I don't believe in TA "support", but I do believe in investor's sentiment. A lot of people is hating NOVL right now, but that can change when NOVL is profitable again. |
