I may be an idiot, I may be a wimp, I defended the stock till death, but in the end I just gave up. So sue me. I sold at $17 and change. I lost money. But I hate fighting this thing. I abhor a company that can never clarify anything for their shareholders during a conference call, I hate investing in a company that can't seem to understand that in an extremely competive market filled with commodity product (in spite of the superior Omnipixel) that it is your obligation to give great forward guidance if you want anyone to believe in you(read:Peter), and I can't stand that at each inflection point this company leaves investors hanging, leaving the bulls and bears toSo my sense is that some of the shorts on this board, whom I dislike as much as OVTI's evasiveness, may win this in the short term...to $15. So I'll buy back in through my 401K funds at that point, because I know deep down that this SHOULD go back to mid twenties. If this management knew how to guide a public company, we'd already be there, but I don't have as much confidence in management (CEO,CFO) as I do in their VP sales. So I'm gonna wait. Too many better fish of value to fry, like ATYT.
don't be hard on yourself. You have to do what you have to do.
I was in the same boat with SNDK about 8 months ago, having bought at 30 and the stock dropped to 20 after earning. The results raised enough doubt for me to stay in it. I sold at the very bottom, but felt released. That's a normal human reaction.
It's a learning process that one has to go through.