slocro

Tele Norte: Grossly Undervalued Global Telecom Gem

Wow! Where did my angels go. I decided to invest in this Grossly undervalued stock monday morning........ thinkin' I would start playing it safe with the tumultuous market. I could not have timed it worst. Didn't even bother to put stops on it yet. Lost the most I have ever have in one day, it was like 1929 again, do they even have a word for a undervalued stock that is more then "Grossly" undervalued .....apparently it was not as grossly undervalued as the rest of the investing community thought. It seemed like a great idea. 7.5 PE for a company growing fast, that was 15 % below peak value, article made sense, didn't realize a buyout was going on. Can anybody shed some light.

Well does anybody have some advice for me here, has the whole gamed changed now with this buyout..... Is this not a good thing going forward, I am totally lost.

People tell me good things happen to good people, and bad things happen to bad people..... Kharma you know. I feel like I must be a very bad person.......Actually bad things happen to people who don't know what the hell they are doing, and I guess that is me, this investing is kicking my butt.