Suddenly, there seems to be a huge interest worldwide in the economy of India, the youth of India, and talent of India. I am really surprised to see so many blogs out there.
I am browsing through many of them, and in case I find some that are informative or interesting, I will recommend those blogs here. Ok then...back to browsing the numerous blogs out there in the 'blogosphere' :-)
Meanwhile, England have lost 1 wicket at lunch. It will be interesting to see how the pitch turns out and whether the british boys show the mean and aggressive side of their game in this match. It will be some contest!
Friday, March 17, 2006
Sold Avanex Corp (AVNX)
I exited my position in Avanex Corporation (AVNX). I had purchased teh stock at a price of $1.95
After that, I saw the stock plummet down to as low as $0.69. But alas, I did one of the worse mistakes an intelligent investor will never do: did not buy additional shares. And that is because I did not have any buying power at that time. This is something I have learned and will always make sure I have more cards to play with in the next round of game.
However, I held on to my stock-pick; I had a small confidence in my stock picking ability, and I thought I did not have anything to lose much further. Well, the stock has been rising for the past 4 months, and yesterday, I sold it for $3.48; a hefty 90% gain.
I just wish I had invested more money. For those who don't know me, I am still a novice. I am still playing with amounts as little as $500.
But I tell you, one day, I am going to be a big player; real big.
I hope to portray my journey here, and I hope that the story my journey will help you in some way; and if not, it will atleast provide an entertainment value ;-)
Take care friends, and have a good weekend!
Bhetuya!!
After that, I saw the stock plummet down to as low as $0.69. But alas, I did one of the worse mistakes an intelligent investor will never do: did not buy additional shares. And that is because I did not have any buying power at that time. This is something I have learned and will always make sure I have more cards to play with in the next round of game.
However, I held on to my stock-pick; I had a small confidence in my stock picking ability, and I thought I did not have anything to lose much further. Well, the stock has been rising for the past 4 months, and yesterday, I sold it for $3.48; a hefty 90% gain.
I just wish I had invested more money. For those who don't know me, I am still a novice. I am still playing with amounts as little as $500.
But I tell you, one day, I am going to be a big player; real big.
I hope to portray my journey here, and I hope that the story my journey will help you in some way; and if not, it will atleast provide an entertainment value ;-)
Take care friends, and have a good weekend!
Bhetuya!!
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