Craig,
You are an amazing person! Many thanks for being so civil towards me.
Despite what anyone says, Ancor has one and only one thing going for it, and that is hope. They are in an exciting industry with a very exciting product. Also, as everyone knows, the potential is huge should they hit it big. However, for me, hope was just not enough any more.
When I was investing on fundamentals I grew my nest egg from $40K to $190K in about 4 years. When I was investing on hope, and almost all of that was in Ancor, I drove that back down to $30K in 2 years. And I managed to do all of this in one of the greatest bull markets we've ever had!
My main problem was that I listened too much to Craig, Kerry, Roger, Tom, and others instead basing my decision on fundamentals. I was warned many times by Craig that this was a highly speculative stock, but was caught up too much in the hype. The main reasons for my past fews posts is bitterness (very petty) and to warn any lurkers to not fall into the same trap as I did and stay away from this loser.
I sold my entire position in Ancor back in January and have been trading on fundamentals only. I have owned Lucent and Microsoft and have enjoyed a nice safe ride up. I may not get to where everyone on this board wants to be as fast as they want to be, but I will get there (safely).
Ed |
