Google Finance: Sino-Global Shipping America, Ltd.

Re: Have you sold it yet? When is the first report date?

brucev...@gmail.com

Well, we all were on the same boat at the time. My plan was to buy and
sell this $hit quickly to take advantage of the volatility and somehow
I lost the mentality along the way and kept it for long. The thing
that I didn't see was that "Hey, this thing dropped from $27 to $17 so
why would it not drop even further more..."

Anyhow, unless they report some $10 per/share for the earning I would
still be losing $10 per share. $10 !!!!! Yeah Right. My guess for the
max is 40 cents.

I don't feel bad about this anymore because I feel like I never had
this money as I have wrote it off my books; so it really doesn't
bother me if it goes even lower.

glenrichm...@earthlink.net wrote:
> I was one of the suckers who saw the IPO skyrocket and bought without
> researching - obviously something was happening and I just had to have
> a piece of it. I put in a buy at 21.50 but by the time I got it
> entered it had gone past that point. So I bought at 24.70. By the
> time it dropped past 21.50 I had twice as many shares on my hands
> because I couldn't cancel the order because I was out of the office.
> I sold half at 15.77 and have watched with embarrassment as the price
> continued to drop while making the classic mistake of hoping.

> I understand some earnings reports are supposed to come out the end of
> Sept. So I figure, why not hold for a while and try to make more than
> I would if I sell now - assuming [hoping] it goes up...

> Just being honest about my stupidity :)