Last night, I chose to cut my losses on NOK and IBM, and bought the dip on GOOG and MSFT.


These two stocks are the #1 and #3 worst performers by loss this year.
After IBM’s big plunge last week, I bought at 214, betting on a bounce ahead of the earnings report; yesterday’s earnings were also not ideal, so I’ll accept the outcome—I’ll quit.
NOK’s loss ratio is as high as 33%, and it made the same 2 major investment mistakes:
1. I didn’t study carefully myself—I listened to what others said and rushed in, right at the high point.
2. After the downtrend in this small-cap stock broke down, I didn’t cut my losses in time, and I still tried to hold until a new earnings report came out—resulting in a final loss of 33%.
NOK-5.44%
IBM0.24%
GOOG-6.91%
MSFT-2.24%
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