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Navios Maritime Holdings Inc. Message Board

  • minnesotafarmcountry minnesotafarmcountry Jan 7, 2008 3:11 PM Flag

    We may see 10s today


    I'm out of $$ til tomorrow! This is insane! As they say..."the market can remain irrational longer than you can stay solvent"!!

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    • That's why I sell no more than 10% off the high of any falling stock and rebuy later if it still deserves it. $7 a trade is cheap insurance. NM may deserve better but it is almost 50% off its high, and profits are just too hard to get to see them slip away like this no matter what the analysts rave about the stock. Yes, this market is truly irrational due to recession fears that are overblown, but "you never go broke taking profits". So I did. See you at the bottom, wherever that is.

0.8185+0.0140(+1.74%)Feb 10 4:02 PMEST