In all fairness, if the price were $25/share, I would be here to tell you how wrong you were when you predicted a significant fall in the stock price after the earnings announcement. As it stands, it appears that I was wrong.
TDFX is an interesting company in a new and growing market. While they have established some credibility, they are a company that is valued not on earnings or p/e. Rather, this is a trading stock. For the long term investor, buy MSFT, LU, CSCO, and DIS. For a trader, there is some money to be made with TDFX.
I am not a trader. I don't have the time or patience to make money on an unpredictable stock like this. So, I have sold my position in favor of DIS stcok. In 30 years, I am quite confident that DIS will still be around. As for TDFX, I don't know...
Good luck to all longs (and shorts). But, don't buy this one for your childrens education fund. |
