The trick, Willy, if you made some money on the first go around, is not to lose it back. If you are offsetting the current losses with the profits you made before you aren't doing it right. Lately, I haven't been doing it right either. BUT, I appreciate the fact that,
in effect, every day you don't sell you have made a decision to buy again ... in other words, you are betting the money on HRBC instead of say, IBM.
This stock looks like it falling down a flight of stairs this last month or so. The loss goes beyond just from a bad market. This is way worse and SOMETHING more has to be going on for the stock to take such a bad hit. I say it is time for the CEO to make a statement OR for the Board to kick him out. If he doesn't know anything, he should say so. If they don't fire him, we should vote the board out on the next vote.
Are we going to wait until the stock goes to 25 cents before we demand an explanation? This isn't panic as much as common sense. What percentage of the company and our portfolios have disappeared already? |
