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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Junkyardawg who wrote (4652)1/2/1999 5:29:00 PM
From: Paul A  Read Replies (1) of 90042
 
the only thing that scares me about SOC is a lot of big money was burnt real bad on that one.

Everyone idolized 'chainsaw' Al, and he let them all down more than they ever could have imagined.. It will take a lot of doing before funds start jumping back in here. Reminds me of DOCSF, or better yet NOVL.. when Schmidt took control at NOVL the big money waited and waited until this last quarter where they felt confident that he in fact has turned the company around. In retro the chart looks incredible and one could dream of having bought in at $7, but the fact is NOVL was like a truck stuck in the mud.. wouldnt budge.. hats off to anyone who had the guts to stick it out.

...novl was one of the few 'picks' of mine at 7-8 a share that I predicted would explode upwards.. problem is, I didnt have the guts to take my own advice and bailed out If im not mistaken for a 3/8 profit.. Now you all understand why I only trade...
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