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Firsthand Technology Value Fund (SVVC) Message Board

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  • lsherwood95 lsherwood95 May 18, 2012 3:52 PM Flag

    is SVVC a steal at this price?

    I'm not sure I would call it a steal, but if you own already my opinion is hold. This seems to be trading below NAV now and should eventually find it's way back close to NAV. This has traded below NAV before all the FB hype and has also traded well above NAV a few times over the past couple months. To be honest, I am feeling really sick as I went long a couple weeks ago at around $27.00. I will admit that I was greedy and hoping to make an easy profit. I did not think this could go much below $25 or so given the NAV is around there.

    The overall market seems very bearish right now and this may definitely continue to drop some more but for someone like me who has a 30% loss today I am just gonna hold.

    Good luck to all, this has really been a terrible day for many here.

 
SVVC
20.03-0.06(-0.30%)Apr 17 4:00 PMEDT

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