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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: GREENLAW4-7 who wrote (33536)8/25/2001 5:34:52 PM
From: Brasco One  Respond to of 37746
 
who could forget iomega?



To: GREENLAW4-7 who wrote (33536)8/25/2001 10:18:02 PM
From: American Spirit  Read Replies (1) | Respond to of 37746
 
I was burned on KMAG. My worst buy this year. I had traded it a few times last year for 30-50% gains around the $2-3 range so when I saw 41 cents I naively thought the bottom was in and bought 5K shares. Now it's bankrupt at 16 cents. So what do you think? Do I dump it for 16 cents with a 60% loss or just let it ride? It's a very small amount of money so it's not like I need the cash. But when if ever do you think the stock will be worth anything more? At least in BR they will survive for awhile. Advice anyone? Thanks in advance. PS - my mistake was buying a dog with large debt. Never again. Any dogs from now on have to have nice cash or assets and be debt free.