12 responses to “(HOKU) Hoku Scientific was a big mistake, keeping it is a money suicide…”

1. 

   len

   June 13, 2006

   do you ever compare risk and yields from other investment options like t-bills, government notes? what will that be compared to hoku?

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2. 

   deminvest

   June 13, 2006

   That is a very good point Len. I do not discuss about other investment options here.
   I do have part of my savings in government notes, but on the average they have a record of giving lower yields that the stock market over years.
   For me the stock market represents the economy which has nearly always been growing. Owning companies is a way to take some advantages of the capitalistic market, still being mainly a proletarian.
   Also I do see it as a political issue.
   I believe that nowadays large international corporations have power that sometimes makes them stronger than national governments , so I consider very important the fact that we the people hold part of that power trough shares.

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3. 

   len

   June 14, 2006

   thanks for giving me a good idea of the government notes options but what i really mean is the use of its yield mark as a turning point to divest or sell the non performing part of your portfolio or do you even have the time to make the decision when the price just slip fast way below before you even have a chance to reflect.

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4. 

   deminvest

   June 14, 2006

   Len, unfortunately I am not yet able to sell non performing parts of my Portfolio, like you correctly suggest.

   That is definitely a mistake. I know, but I do hold non performing stocks forever, untill they go up 30% higher than the price at which I bought them in first place. Selling at lower prices just hurts my ego.

   There are two factors that helped me perform not so bad even with this mistake:

   1) I diversify: I have very many different stocks of companies operating in very different global marks. I usually invest $1000 on a new stock every month. I get that money from my savings, from dividends I collect from the high dividend stock I own and from the money I get back when I sell a stock that goes up 30%.

   2) As a result of my investment strategies I don’t sell on lower markets. My ego stops me from selling at lost, so I authomatically don’t sell when the market is going down. In the long run I only sell well.

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5. 

   len

   June 15, 2006

   i understand what you mean when you say you want to hold on to the stocks even if it’s a bit non-performing but i think what you really meant is that you are still speculating that there is a chance of a turn around. i do not know what your decision tool is for determining the probability of a turn around and until what period of time to decide if it’s not good to hold on to the stock for a bit longer or say within a year or more or until u recoup 30%.

   thanks for that pretty straight forward analysis am learning.

   good luck!

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6. 

   deminvest

   June 15, 2006

   Len,

   I think I will hold on it forever. Someday it will maybe rebound to give me that 30%, it will go broke or will be bought bought by a another company.

   I can do that because I invest every month $1000 in a new stock. I get that amount by savings, by dividedends of high yield stock I own and by selling $1000 worth of whatever goes 30% up. I don’t need the $550 that Hoku is still worth to continue investing. I will just keep Hoku forever and put in the file of my mistakes. I try to learn from mitakes like Hoku and go on. Fortunately I do also have a few stock that did perform well.

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7. 

   len

   June 16, 2006

   thanks for the patience to share and explain that u “win more and u lose less” strategy.

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8. 

   deminvest

   June 16, 2006

   lol that is my hope at least!

   What is sure is the fact that I will always be here on this blog to admit my mistakes. I will discuss them with you and with others that, just like you, can give me good advice so we can help each other to make better investment decisions 🙂

   Reply
9. 

   danielfrederickson

   January 19, 2007

   scroll to the bottom of your portfolio… did you ‘hold’ >HOKU

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10. 

    deminvest

    January 22, 2007

    Daniel, your comment made my day: I had to write a post on that.

    HOKU: A comment by danielfrederickson that made my day

    Reply
11. 

    HOKU ROCKS

    June 25, 2007

    HAHAHAHAHAHAHA YOU SHOULD DELETE YOUR WEBSITE BEFORE PEOPLE FIND OUT HOW STUPID YOU ARE

    Reply
12. 

    deminvest

    June 25, 2007

    Why?
    If I did deleted this, I’d be like the GURUS who want to show that they are and were always right.

    It is good to remind myself and other investors how wrong I can be. I don’t ecourage my readers to invest like me and make my same mistakes. I only post to discuss my choices.

    HOKU turned out to be a great company and proved me wrong: good for me and for other HOKU stock holders! Do you own some HOKUs too?

    Reply