Paperchase,
Your investing advice, looking through a rear view mirror, is excellent I am invested for the long term in 15 other stocks. Practically in every sector but mainly in tech stocks as I understand technology more than most. I don't understand people running billion dollar companies not understanding the basic elements of business marketing, etc. No..I haven't run a Billion dollar company before but the basics are the same for even small businesses. As far as margin is concerned, based on MRVC's CC we were lead to believe the future would bring new technology and they didn't see any problems with making the numbers and were told to watch for some exciting news soon from MRVC. Was I dreaming this or can anyone set me straight here? "Appalling"... tell this crap to your clients as you sound like a lawyer to me (no offense intended). I am in no mood to have to listen to second guessing here and now. It just so happens, if your such an astute investor, open up Investors Business Daily and look at the S&P 100,400,500,nasdaq composite, NYSE on and on and do you see the obvious down trend for the last six to eight months in small caps securitytrader.com The Advance - decline ratio is shouting out loud and clear. I saw this coming along time ago, but I have bought MRVC at 33 through 15.5. and every one of my other 14 stocks are down. Should I buy insurance in them all? I doubt if too many here are not in a similar situation. Time is the real risk here. If we are blessed with enough time we should recoup from this Bear Market. You must be younger than most as it seems to me as you have never lived through a real Bear Market. I could be wrong...that's a FACT lately.
Good Luck to you...I forgot, you don't need luck as you have the market all figured out. Best Wishes to you, Really.
Constructive criticism is welcomed here...anytime.
John |