Let this be a lesson for all the fortune tellers, micro-analyzers, and amature strategists (with a 1 week window). Yesterday and the day before there were many nay sayers who recommended sale of TDFX either becuase it has moved up too much, or because the poison pill would kill it and CREAF (who would have been too stupid to plan a hostile take over) would prove to be the biggest idiot by dumping all their shares and costing us (along with themself) a lot of money.
Well it did not happen. So face the reality. When your thinking leads to the wrong results, then the logical thing to do is to change the way you think. And please take responsibility for all the wrong results. Saying things like "well the whole market is strong so the stock went up with it" or "if it was not for short covering or CREAF buying or ... pushing the stock higher, I would have been right", is tantemount to saying I did not think the whole thing through and did not consider all the market participants, but I'm unwilling to take the responsibility and learn from the experience. Hell, if my aunt had balls, she'd be my uncle!
Sun Tzu
P.S. I know no one here on SI said those things. This is a message for other readers. |
