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Old November 9, 2007, 04:35 PM
Ahsan Ahsan is offline
ODI Cricketer
 
Join Date: December 27, 2004
Location: Dallas, TX
Posts: 780

then don't look at them...until you sold them at loss you did not lose anything yet! you can do lot of things to get over this loss or reduce loss as Orphy pointed out nicely. Or you can just keep it there for long, sure it will come back up.

Like I minimized my loss (hypothetical, since I have not sold anything yet) by buying more at less. Now my avg NED price is @ 13.91 (below IPO price) which I think is beatable unless Deustch bank (underwriter of this stock) cooked up. I am gonna go long now!

Man I thought I would make some quick money before the BD trip at end of this month!!


Quote:
Originally Posted by goru
I don't even want to look anymore... my losses are in the thousands now
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