InvestorsHub Logo
Followers 164
Posts 17228
Boards Moderated 0
Alias Born 09/13/2007

Re: None

Saturday, 12/01/2007 8:34:22 AM

Saturday, December 01, 2007 8:34:22 AM

Post# of 81572
good morning all.lucy,i only sold 25%of my shares (225k)-i may sell 25% more,wait and see.sold for 2 reasons:1-take some profits=my first.2-i got frustrated with all the uncertainty surrounding current conditions with chdo.i.e: not a word on the china trip.how did it go?
delayed stp shipments to march/april 2008?
financing:banks are tightening credit lending everywhere-how will this affect chdo?
and ,frankly without news of substance(which has been said by many here)chdo will drift down to low .02's.i feel that cannot be avoided at this time.
question for you:would you buy a new car today for $20,000,when it will be on sale next month for $15,000??
i will buyback in low .02's.
i do not like this scenario,but feel i have to go with the flow,if i am to profit on chdo.i have watched so many others here make money by doing this.please,no hard feelings.
good luck to all.
porky
p.s.-many here have said i should have sold in the .05's.i don't disagree.but a small profit ,to me,is better than no profit.