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Technology Stocks : GenRad Inc.(GEN) entering the ADSL market! -- Ignore unavailable to you. Want to Upgrade?


To: Jack Be Quick who wrote (235)4/22/1998 1:06:00 AM
From: LemonHead  Read Replies (2) | Respond to of 283
 
I purchased this stock because Bottom Line news letter approved it.
my broker never liked it... I held on but got out because it just couldn't get past 30. When it fell the 17th, he sent me a memo saying I told you so, you were lucky!! Well enough of that.

I thought that maybe the company got a surprise based on the recent results,. The back log is there? I thought maybe they thought the backlog would come in before end of quarter and that is why they did not warn. Bad call on their part!! But that is how timing is sometimes.

Post # 231 really confuses me, the statement "Companies acquired with their stock"? I don't know of any recent acquirements??? Did I miss something?

Many times I have booked sales in Feb only to record the profit in Nov? Is this the case here? Maybe further review and investigation of news is warranted..

The question is if you were holding when the stock fell like a rock, do you average down? Hold on or run? Hold on, is probably long term profit. Run is long term profit with complete erasure with only hope that you can make a come back some where else. Money is to hard to come by to loose by paper work entry do to public rules. Average down??? My Experience fwiw PHYC, fell from the stars and I averaged down, could have got out a few times and made very small profit but kept hanging in there and finally lost a little money but a lot of time.. MAVK have averaged down three times and still loosing my ass (from $50 to $15)?? Don't chase bad money with good money!

Thxs for your response, I am a small investor and not full of hype, like a bunch on SI network. Think its time to start a new network with better review of potential members.

Keith