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  • chrishasty_1982 chrishasty_1982 Jan 3, 2011 2:25 PM Flag

    Market up...... another

    Being behind on a stock is only nauseating if you KNOW that you don't know what you're doing. (I'll admit that I've bought stocks that I really didn't have a good grasp on sad to say)

    If it's something you can understand and you know the value is there it's a lot easier to look at the red.

    This company is easy to understand, not likely to be hurt by some technological advance, located in a country you can actually make a profit, has good earnings and balance sheet. The price will come up and meet the value sooner or later, so I wouldn't get too worried. The worst thing you could do now is sell and lock in those losses. You can't worry too much about what you paid for a stock. The value is what it is, and if you thought it was a good buy then I would stick to my convictions. I think this is easily worth 11-12$ even if it doesn't grow.