I agree $1 was a very fair IPO price(that is why I joined the IPO) the problem is apart from some penny stocks, I don't see many tech sector stocks that have "fair" pricing. So if you sell to plan on repurchasing, don't be surprised if you sell and have to buy back in at an even higher mark . I'm on the hold bandwagon just because I can't see it going down terribly far, as I do hope to hold these for a few years, as that is how long it will take to even get the fibre fleshed out.
Plus their management is very good, the CEO might be a bit on the wild side, but he knows damn well how to make a good network, well at least how to allow his employees make a good network. As long as he is there, I'll be there. My fingers are crossed it drops below $1.5, I will buy up averaging down to $1.3 if I'm lucky.
ABB Price at posting:
$1.92 Sentiment: Hold Disclosure: Held
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. I'm on the hold bandwagon just because I can't see it going down terribly far, as I do hope to hold these for a few years, as that is how long it will take to even get the fibre fleshed out.
