Sell at $40...are you nuts ? If I was gonna sell, I would have certainly done it at higher prices, not when the bottom could possibly be near. Yes, DELL could plumett a good bit more....but it could also be near a bottom and ready to go back up. DELL has done this many, many times in the past...granted under different market conditions....but nonetheless, I am a log term holder of DELL, and will continue to be. Appreciate your concern, though.
What many people don't realize, is that DELL is just now correcting. While evrything else was going down, DELL just kept plugging along. It is no wonder they have come down. Yes, I am surprised at the amount and time frame, and it is rather disheartening, but all the same, I feel as good about DELLS furure prospects, as I do about any other company out there. Panic selling will be followed by panic buying. Lost of people wished they owned DELL and are looking for a place to get in. If this isn't a golden opportunity, then I don't know what is. Buy today at $40. It may be at $30 tomorrow, or $20 the day after.....but next year I think you would be a happy camper. |
