Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Microcap & Penny Stocks : NVEI (Was NVXE) - New Visual Entertainment Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Len Giammetta who wrote (964)	6/12/1998 9:48:00 AM
From: pennycash	Respond to of 2211

Rule #1... never fall in love with a stock! Rule #2... know when to cut your loses and move on -pennycash

To: Len Giammetta who wrote (964)	6/13/1998 10:27:00 PM
From: Loren	Read Replies (1) \| Respond to of 2211

Len, Dusty, et al... I wasn't trying to be mean-sprited... I really thought 'Dusty's' post was funny! :-) And I really do think he should sell his position, given his expectations and his close timeframe... I can respect differing points of view, but I can't promise to always empathize with them! I do realize that it's probably easier for me to feel good about owning NVXE than for others... the cost basis for my shares is only $0.08, and since most of it is in my rollover IRA, and since it is a small percentage of the IRA, I think the risk/reward ratio is really favorable... I also agree with your comment regarding the cost of opportunities lost. It is something always worth considering... that's precisely why almost all of my investments for the last five years have been based on TA and shorter term trading, vs. fundamentals and buy-and-holding... NVXE (and AVBC) have been the notable exceptions to my normal investing style... Anyway, sorry if I offended you Dusty, or Len... Peace to you, and I hope your investments do very well (... especially if you end up holding NVXE!). Loren