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Re: hweb2 post# 17769

Friday, 07/29/2005 10:48:13 PM

Friday, July 29, 2005 10:48:13 PM

Post# of 173737
Hweb - WPCS

Don't know if you followed through with your short idea or not, but since I short a stock about once every 3 years, I didn't. You win some and you lose some. I had just established an average size position, so I feel like the goat, but I am not throwing in the towel. I think they had problems and they can be corrected. I like the sector and think they can turn it around. Disappointed, you bet, I will probably drop 5+ figures on Monday on just this dumb move, but I am seriously considering averaging down. It is too late to sell, and I just have a feeling this may be an opportunity. Obviously I have no facts other than sector and backlog to rely on and it could be dead money, but I like the 2 year chart going forward.

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