InvestorsHub Logo
Followers 30
Posts 8840
Boards Moderated 0
Alias Born 12/15/2004

Re: david02835 post# 34798

Friday, 05/12/2006 10:55:15 PM

Friday, May 12, 2006 10:55:15 PM

Post# of 64738
David02835: I fully understand your frustration. It comes over me from time to time as well. After the intial anger/disappointment and second guessing (oh, I should have sold at $1.47 and bought back at 88 cents, etc.) you have to step back and analyze the situation as it exists. What is the upside from here? What is the downside? The stock closed a little over a dollar. The worst case scenario is that they go belly up. It's probably not going to happen any time soon, but say it happens. The downside from here is about a dollar a share. What is the upside? That is hard to say. Anywhere from the current price to the stratosphere. The stratosphere is probably not going to happen. Why? Because I'm not that lucky. But the upside is considerable. Potentially. What other investments currently under your radar have the potential to return 1000%? 2000%? Those kinds of returns are entirely realistic if something comes through with GE's help or Aldevron's help. That is a lot of potential profit from a cheap stock. You won't get a 1000% return from Google shares, I can assure you. I would not sell at this point. I mistakenly thought that the GE "seal of approval" meant the stock would never again see single digits. I was wrong. I will probably trade the stock a little more actively in the future. I have learned a valuable lesson this week. This stock is prone to sudden and unexpected meltdowns. Rather than spit into the wind I will use such future opportunities to buy more shares cheaply.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.