Sold off my Noble after holding for more than 5 years.. Finally!! Have mentioned before that this is one of the few major bad decisions which were made so far. Well, the price which I bought was at $2.16 to be exact, with 3000 shares. In another words, I just write off a huge 88% loss, more than $5,000 from my portfolio today. This post shall and must be parked under "Mistakes" category to remind myself about it. It is really an expensive and painful mistake indeed.
Made a series of bad decision in this actually:
Honestly, to begin with, I can't even remember why this was bought in the first place. Based on Yahoo finance, $2.16 is very near the all-time high of $2.51, which was somewhere around 2008.
Didn't read any of its financial reports at that point of time. It was bought purely with ......