Long time ZHNEers I respect thy opinion....I carry a bunch of this and while a majority of me says to hold out until at least 3 and not sell a single share, the practical part of me is screaming 'sell until you are playing with the house's money'?
I am weak and lack conviction so curious as to what others are doing?
I am inclined to hold at these prices. Here is why.
For most companies, to grow profits you have to grow revenue, and the relationship between the two is essentially linear. In the case of Zhone that relationship is and will remain exponential until they increase their revenue by about 50% ($60M a year). That makes the stock substantially more valuable than its peers, while right now it is trading way below the valuations of its peers.