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Technology Stocks : Genesis Microchip (GNSS) -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (1165)7/17/2005 3:22:40 PM
From: Peter Dierks  Read Replies (2) | Respond to of 1277
 
I respect a person who is conservative. It generally helps you avoid major loses. That is the bane of a professional investor. Major positional loses are generally what separate amateurs from professionals.

Believe it or not, I am not a clack for GNSS. I sat out for several years. I read an analyst report that was positive. I did some homework, and I bought in based on my take of the fundamentals. The trading activity and analyst upgrades have convinced me to stay in.

Please feel free to stop back and make fun of me later.

PS - I agree that a portion of the upside has been used up.

Here is the first time I sold:
Message 16790491
The rest I took a small loss on to close out 2003 because of outsized profits on other stock transactions.