Daniel, I posted several messages on the CSCC thread and the bulletin board way back last earning, although on bulletin board, I used different alias, expressing my doubt on the valuation and growth potential of CSCC. Probably, you didn't notice them at all. No, let me point this out, it's not hindsight. I am glad that you talked about csco and coms 4 years ago, but at that time, csco began to appear as a dominant player already, I didn't know cscc exist at that time.
It's exactly my point that market tends to either over-inflate or over-deflate stock price. But if you have been fighting a downward trend for several months (last OCT. to now!), you just wanna catch a falling knife, you got nobody but yourself to blame for. I am not arguing here with you whether market is right or wrong, I am in it to make money, not to lose. When I see a stock over-valued, I stay away from it. If you looked at the ten-day, and 25 day accumulation and distribution curve around the top of cscc last year, you would run for the hill to get out of this stock. Valuation? You must be kidding me! Just compare the p/e, p/s, rev., earning, and asset, etc. between csco and cscc, you would know how over-valued the cscc is!
I invest in csco, sunw, lu. cube, by the way.
Happy investment. |
