Education is a wonderful thing Peggy but to many that play pennies or stocks never truly understand the game. The way the top players work and how they continue the game long after the waves of traders come in and go out.
I give you lots of credit for trying to help around ihub. You are like the stern mother giving wise advice to unruly children but alias the mind is powerful. So many traders that make a bad decision will not admit fault, simply put, the mind does not like pain. So instead of admitting they got dupped and moving on they will continue in a trade so they do not have to endure the pain of their mistake. That way if they never have to eject from their position, they never feel the loss/pain and continue to talk about news, mergers, breakthroughs or how the company is just waiting on fillings to be approved.
I can only assume these are the same people that double down, buy tops and finally are forced out by a reverse merger. I should know, I have been one of the biggest offenders, learning the hard way a few times over until I finally saw the light. But with enough pain the minds seeks any type of enjoyment, eventually the losing trader backs away for a time from trading and starts to feel better again. Eventually they come back to the behavior and the mind feels pain once again, money is lost and the cycle repeats.
Though there is hope yet for them, with enough hammering and nights of sleeplessness, they too will finally awake to the conclusion, to their condition. The stock market is not sexy, it's a business and if one does not run it like a business than failure will result. OTCs are a game of intraday trades, 15-20 minutes here and there.
May those that have lost it all and repeated the cycle enough break from it to actually hear what you have to say, it can save their world.
