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Replies to post #7604 on MMCLUB

Replies to #7604 on MMCLUB
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swampboots

12/24/04 11:42 AM

#7606 RE: lonestar1a1 #7604

Lonestar:I have owned OPTV for months couple years ago having averaged down 4 times, and selling into its recovery (when it was below $2) instead of buying, reacting instead to its the lack of fundamental improvement, the persistent cash burn, lower gross revenue streams and TIVO distruptions. However I should have been buying into this rise as I my sales were a distressing buy signal. This stock has a firm foundation for being the incarnate factory for dreamy hoefullness, as the stem cell stocks. However you seem to have an excellent sense when these issues are ready for take off, and although the cash burn continues at a torrid pace they are slowly increasing revenue.
May I ask when you buy such a stock at what % do you place your stop loss?