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To: Huckster who wrote (20259)7/14/1999 10:46:00 PM
From: Emerald City  Read Replies (1) | Respond to of 27722
 
Why I didn't sell at 20 when I had several chances will always serve to remind me that a little profit is always better than a significant, and painfully prolonged, loss. Usually I avoid the concept of averaging down, but this stock seems to have reached at least a near-term bottom.

Am trying to avoid being overly optimistic. But at this point, don't you realistically think that there's more upside than down? Unlike the usual maxim, it seems to me that right now "change for its own sake" means a change for the better. ANY action is much more likely to be positive than not; only inaction could prove disappointing ... and, ultimately, deadly.

As far as for having a strategy, how do we effectively operate without one? (This is not a coy reference to surgical operations, BTW :)! )

Along with Annette, I honestly believe that some positive momentum will register soon (ideally within the next two WEEKS), but am giving them two months in an effort not to be totally heartless. Maybe it's the philosophical equivalent of financially averaging down. After all, the stock market is part science and part psychology, two sides of the coin of human nature. If that's being overly optimistically, turn me in to your local numismatic dealer.



To: Huckster who wrote (20259)7/14/1999 10:48:00 PM
From: dabadabadoo  Read Replies (1) | Respond to of 27722
 
Huck: won't disagree with you, but i am sure alot of us are in too deep to do anything but wait and pray for the ethereal S1A on NETR. and of course the implication (hope, prayer, whatever) is that this thing will rise significently when the NETR pricing and date is announced. for myself, i'll be happy to break even at 15 after all this time, 12/98 to present. holding this stock has been a learning experience for sure. i have minimized my objective to simply break even on this pooper. geez, when i think of the opportunity cost of holding this thing the last 8 months...



To: Huckster who wrote (20259)7/15/1999 8:22:00 AM
From: katmando  Read Replies (2) | Respond to of 27722
 
Huckster: You're right...no traders here...all married to NAVR...LOL