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Strategies & Market Trends : Speculating in Takeover Targets -- Ignore unavailable to you. Want to Upgrade?


To: richardred who wrote (2985)12/28/2011 4:52:44 PM
From: Cautious_Optimist  Read Replies (2) | Respond to of 7254
 
It always hurts to take those loses. My sympathies to you.

I'm okay, but I'd be a lot wealthier if I admitted defeat over 38 years of holding on to my losers too long, like SUNW or even (blush) WCOM. Others I care not to remember, in biotechs. I've waited for LUV (Southwest airlines) to go on a run or get scooped up, for almost 15 years.

I have only had one loser among many notable winners on the short side, I think it was a Wexler or Mr. Pink pick to short IBM maybe 10 years ago.. There is a lesson here somewhere.