I took a flier and bought this thing at much higher prices and ashamed to admit that I started accumulating in the mid 2's. I, unlike others, have built a pretty sizeable position of almost 2k shares (just bought another 400 shares in the 1.90's to reduce my cost average to the low 2's).
I know that many of you are just in for a few 100 shares here and there but what are some of you planning to do with LLNW that own sizable positions like I do? Less
Well, I have over 2000 shares @1.88 per pop. Just be patient, the biggest mistake people make is they get too emotional and sell, thinking its the end of the world. Emotion + wall street = loses. Just be patient for the moment. I am new to this stock, just initiated my position this morning. I did my due diligence and I don't see any bad press or immediate concerns hence this stock should rise back to 2s soon.
We are still in the 1.80's and may hit lower prices. This is unbearable. My average purchase price is $2.04 and I am way underwater. I should have put a stop loss for anything under $2 for protection but now I am stuck with huge losses. I have 1780 shares here. Not a few hundred