Ed: I know what long term investors feel, it's not good. I don't feel good.
I don't have Nextel, I have MSFT. I did exactly what I have advised others not to do, ride the stock down. The feelings inside tell you not to sell because the stock will rebound, when it doesn't, then the doubts set in. I sold MSFT three times on the way down, only to buy it back knowing that it would recover. What is the moral to my words?
Back your knowledge with your money and be patient, never sell a good company at a loss. Easy to say, hard to do!
So, for you Nextel holders that are slightly doubtful, I say, " I understand the doubt, don't sell".... Yes, it may fall further before recovery, but it will recover and bump the highs again, it knows the way back.
Al G., feeling bad, just like the rest. |
