And if they weren't in apple you would be crying about that too. So what is your point?? To cry all the time??
1 percent of your portfolio???? What a joke. Are you sure you want to have that much of concentration??? You only wrote how many paragraphs. One percent. A whole percent. Wow what a risk taker. What do you own?? Ten shares??
No. It took awhile for me to find it. I only vaguely remember the ticker. It was nova biosource fuels (NBF). They had 25 feed stocks so if one got too expensive they could switch to cheaper ingredients. It turned out the only viable feed stock was soy bean oil and when they could no longer get enough from restaurants, they had to buy it on the open market and profits evaporated.
Well in my defense this company had an executive team that had worked for big oil, it had contracts for its output that were said to be profitable, and a process that could use 25 different feed stocks to process bio-diesel. It was only after the company suddenly announced bankruptcy that I found out only two feed stocks were viable and the major one was soybean oil. When the company had to buy soybean oil on the open market (which was skyrocketing in price) to produce bio diesel, the game was up. It was losing money on every gallon of bio diesel produced.
First off don't listen to anyone on a message board about when to buy or sell. If I were you I would go to the Seeking Alpha website and read some of the articles posted there for a balanced outlook. I have been in this stock for about 3 years now and have seen the ups and downs. Its not for the short term faint of heart. This is not the first time this stock has seen the nines. It happened when there was a rumor they lost Samsung in early 2013 then it went to 26.
My advice to you is this. I would not sell unless you cant sleep at night or you have something you like better. If there is anything I have learned about investing over the last 25 years is that there is always another opportunity. You just have to look. You might have to wait 2 or 3 quarters to get the margin improvement management is talking about. Can you do that?? If you sell now based on emotion you will be making the same mistake you did when you bought it. At 25 I sold about half my stake and then repurchased in the teens. My cost basis now is about 12.50 and I am used to this volatility so I am staying put because I have a five year outlook. And don't feel bad, I lost some 20 grand also on a foolish bet on a start up company producing alternative fuels from garbage when gas in my area was over 4 bucks a gallon and oil was about 130 a barrel. I made it up on another stock that same year but you are not alone by any means so I wouldn't beat myself up about it. Most people would not take any personal responsibility so I commend you. Just remember, buying or selling on emotion is almost always a bad idea.
Ah its so sad when all people have to feel good about themselves and the only interaction they have with others is on message boards. Were you picked on as a kid?? Didn't mom and dad love you enough?? Did you get turned down for prom?? I feel sorry for you. You sound like a bitter angry person who isn't good at interpersonal relationships.
is totally worthless.
And the prize goes to the person who just posted that INVN is in Samsung and sells sensors. Next up Ford sells cars and GE sells light bulbs. And the pope sht s in the Vatican.
Wow lNVN is about sensors?? You don't miss a thing do you genius. What other stupid revelation will come next from you?? What insight. How many of you people thought INVN made sepositories??
I am bashing YOU. Not INVN. Any idea when you will actually say whats in the SEC filings and not wait for someone else to explain?? Huh. Show us how smart you are.
Can you dress yourselves in the morning?? All these posts, They filed this SEC filing. OK what does that mean?? YOU tell ME. I didn't know they were in drones?? Ok you cant use google and cant imagine some products they might be in??? And what gets me is we have a certain political party that will spout off how unfair it is that there are people who can understand and make money by being a little sharper than the next guy and those who cant. So unfair.
The shares were "divested" from the funds that owned them to Yu Yunbei Ben. That's how I read it.
Where did you read this?? Some web site like I did?? Did you read the actual filing or not?? What is transaction J?? What are those notes at the bottom explaining what happened??