CGarcia, I have been in your situation twice, almost exactly the way you described! I knew exactly how you feel! I was a big loser because I don't follow the big money!
Ever since I bought NSCP and AOL, I am almost 400% up, and I am out of the ditch, and I am HAPPY! This is only in a period of 7 months.
I was (am) looking at this Internet xxxx, I have to believe it is here to stay because myself, my wife, my son and my daughter are all using it! We are using it EVERYDAY! I am using less and less TV, news paper, magazine, I don't call my broker anymore, I buy stuff online, and PC is cheaper everyday, man, this INTERNET xxxx has to be real!
Now, you stick to AOL because you must believe today's AOL price is not the highest, today's AOL membership (17 mil) is not the max., today's internet usage is not the max., today's AOL will only grow bigger. Boy, with this belief, you should not sell AOL, try to become the 2nd phase investor, ' the smart one with patience' kind.
There is no reason to believe that AOL won't have large market cap than msft or GE, the ceiling of market cap has been raised by GE, GM, MSFT..., why can't it be raised by AOL?
Future is priceless, the old ones have no guts, and the future is always created by the younger generation, stick around, by the end of this year, you should recover all your loss and some, mark my word!
|