Re: Another Week..
posted on
Mar 20, 2008 05:51PM
drumstick honestly i know how you feel have lost almost 20K in a week and a half but alda is not about earnings right now but about future earnings and that is what people who are long on the stock are banking on remember RIM when it first came out in 1998-2000 and look at it now. Believe me i kickk myself for not selling but not much i can do now. I watch throughout the day on level2 and there was a difference today i may be wrong but i think the sp has reached a bottom i hope. Also 4wins is right the venture ex was down today by 22 points so while the big board was up the smaller players are still taking a hit. the market right now is not the best place to be trying to raise capital with all this asset backed stuff going on. I cannot decide what the sp is going to do 50/ 50 eithe way but i can tell you if i thought it was going lower and going to stay there i would sell. Ii do believe it will turn around.The only thing i can say lets see what happens on monday or tuesday next week hopefully we will hear something positive from the company.