Tuesday, May 13, 2008
ONT
I was lucky to get out of ONT today. In after hours they have delayed the filing. Now it means that shares may get hit tomorrow. I will be buyer at lower levels. So dont throw your towel. I will grab it.
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5 comments:
StocksShah, I am in the same exact sentiment as you... confused and upset. More upset at myself for not trusting my gut instincts that I should wait to buy ONT AFTER they released earnings. I bought a thousand shares today and lost a bit. I am going to sell my entire position and rebuy some at $.86 and hopefully lower than that.
Well I am not holding any ONT at the moment so I am ok, infact, I will welcome any sale. Though I never like books being cooked no matter how good the products are. This stock may see the lows. Will wait and see.
ONT would be my speculative position. Not more then 2% of my portfolio.
Do you follow CRYP?
Nope. I am not positive on the company. They did not do well in the recent quarter and I really dont have patience or risk appetite to hold any small cap with poor quarter result. If they have some product or patent or service which is 'the' thing then I may invest. I am eyeing so many stocks at the moment but just trying to time the market as well. Hence CYRP may be a good company and may get lot higher but it does not fit into comapny that I would be comfortable with.
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