Everyone has opinions. They give you their two-cents worth. I'll give you more. One penny more. That's a cool 50% more than others. And that's wicked value.
The LIVEROCKET investment philosophy is that at any given time, there are amazing companies out there that are building better mousetraps and generating incredible sales. This is not a buy and hold philosophy. No company can maintain exceptional growth and momentum for long.
Thursday, June 26, 2008
TRID - Below Cash value
I honestly don't know what to do here. It is selling for below cash value - and that's a strong message from the market
Trident is no longer # 1 in LCD Chip market. MediaTek is now the market leader: Please see http://www.digitimes.com/email/a20080625VL200.html
Also, the market for larger size flat panel TV is slowing. As Trident is not participating in smaller size TV, they are unable to maintain their revenues. I believe the market is suggesting that TRID will start losing money and eventually start burning its cash.
I just don't understand why you keep standing behind TRID. You have gotten too personal with this stock and have lost all your objection ability with it. You lost this a LONG time ago (and I posted about it then too).
What do you do, SELL the thing, take the loss and don't look back.
Hi,
ReplyDeleteTrident is no longer # 1 in LCD Chip market. MediaTek is now the market leader: Please see http://www.digitimes.com/email/a20080625VL200.html
Also, the market for larger size flat panel TV is slowing. As Trident is not participating in smaller size TV, they are unable to maintain their revenues. I believe the market is suggesting that TRID will start losing money and eventually start burning its cash.
What is your opinion?
I just don't understand why you keep standing behind TRID. You have gotten too personal with this stock and have lost all your objection ability with it. You lost this a LONG time ago (and I posted about it then too).
ReplyDeleteWhat do you do, SELL the thing, take the loss and don't look back.