ANOTHER POSTPONEMENT

SFCC

SFCC postponed earning release, withdrew guidance, and took restructuring charges, and the stock went down by 21% in the AH. While I am very upset, this appears to be the final straw and I have to dump this one tomorrow morning, taking my loss and run. I have not been very good at this speculating game. Everytime I tried, either on the short or long sides, I lose. It is more than clear to me now that I am not too good at this game and I better not to participate any further. SFCC is clearly a speculation, and so is MRGE. Secondly, David Burrow is right. Turn around generally is not an easy job, takes a long time, and may fail as well. Look at my loss positions, they are all turn around types.

Should I try on the short side? Isn't it speculating again? How comfortable do I feel to short this? I do not feel comfortable at all. Then I should not do it. Take a deep breath, take the loss and run. It's not the end of the world. Find better investments. You are doing not a bad job thus far, far better than most professionals. One losing position does not make your portfolio. You just have to try harder.