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Technology Stocks : Global Crossing - GX (formerly GBLX) -- Ignore unavailable to you. Want to Upgrade?


To: M. Frank Greiffenstein who wrote (1851)9/8/1999 9:59:00 PM
From: ahhaha  Read Replies (1) | Respond to of 15615
 
Can't find any lions here and I never heard of an antelope who had much fear of sheep.

You're the guy that was the big honcho in DRIV and sold out for a pot of beans at 26 right before it made a stellar move to 60. Hasn't anyone told you that you have to hold on the way up? You did all that great fundamental work and then you just threw it out. You didn't believe that you were that right, and you didn't understand how lunatic this stock market is. You know now. I suspected that you were waffling and felt like coming in to try to convince you to hold, but I decided not to interfere.

I related this to another person in SI as an example of what not to do on the upside. Specifically, on the upside you have to hold even though you continually can see it break down and you see it way overvalued. As long as you identify that sense in yourself, you hold. When it gets comfortable and you get a spike, time to sell. The fact is that you are the best indicator of future price because assuming you have done a good analysis, you know what it's worth. What was DRIV worth? 26. But you have to remember that this is the stock market. No one here has a clue about that.

What's GBLX worth?