Tuesday, February 09, 2010 1:39:37 PM
My reason for selling is that in a lot of cases, the stock will go down on the news (we had a run up to the CC) and everyone is expecting good news. Ok, good news it is. Where does the stock go now? It already moved! If the news is bad, like another delay maybe , or that they need more cash and are issuing more shares, then I'm glad I'm out. I weighed the risk and saw more downside than up.
I have held for many CC and have been burned. Like others have said, no income has been generated yet. I like the product. I'll buy one too.
Don't take offense to my own personal investment decisions. I've made my 92% profit and am happy. I wish you luck with all your investments.
Daisy
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