SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Global Crossing - GX (formerly GBLX) -- Ignore unavailable to you. Want to Upgrade?


To: Sun Tzu who wrote (14005)10/9/2001 6:58:39 PM
From: Dragonfly  Respond to of 15615
 
So far I have 9,000 shares at average cost of just over 3.

So, was the $23,580 you're down right now (at $0.38 a share) a good investment? Are you happy with that? You're holding out for $6 next february still?

There are two types of people who buy and sell stocks: Speculators and Investors. If you are an investor, you've just rode this stock down over 20 grand. IF you are a speculator, you may have gotten out.

If you've gotten out, then your posting is akin to the kids who go on yahoo clubs and the day traders who try to convince each other to buy and sell so that they can make money on the movements.

IF you haven't gotten out, then what value did your telling us you bought 9000 shares of this stock give us?

I'd much rather read about how you analyzed the companies financials, burn rate, and determined the liklihood of profitability in the next yet. That would add value.

Dragonfly

PS - I realize I'm not adding any value with this post, but thes "I'm buying in all accounts and I recommend you do too!" hype posts are grating.