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Mentor Graphics Corp. Message Board

  • paul07004 paul07004 Sep 20, 2012 12:15 PM Flag

    Whats wrong here?

    I have owned this stock for numerous years. 1200 shares, at $17 per. I have ridden it up, and I have ridden it down. Although I saw a chance to sell at $17.19, I hung in there because I saw what I believed to be an opportunity for this stock to move out of the "RUT" it has been in. However, now that all the "GOOD NEWS" is out, the stock continues to go go down virtually every day. Not by much, but nevertheless, "DOWN" What am I missing? Is it just another good company, that investors could care less about? are the fundamentals not "GOOD ENOUGH" Do you sell on the good news, and buy on the bad news? Of course, there never seems to be "BAD NEWS" Patience is a virtue, but how long do you stay patient. Again, what am I missing?

    Sentiment: Hold

26.44+1.75(+7.09%)Sep 30 4:00 PMEDT