InvestorsHub Logo
Followers 0
Posts 66
Boards Moderated 0
Alias Born 11/09/2013

Re: Sir Lawrence Wildman post# 5773

Friday, 04/11/2014 4:12:27 PM

Friday, April 11, 2014 4:12:27 PM

Post# of 12606
Hi Sir Lawrence Wildman,

I too was foolishly looking for a quick play on this stock a few years ago. I bought in April 2011 right after it spiked up to 0.49. I thought I was patient because I waited for it to come down to 0.25. I could not have been more disappointed when it dropped all the way down into the 0.02's in the following years. However it taught me a valuable lesson in investing... never buy a stock looking for a quick play! I doubled down in the 0.02's and now have quadrupled my total original investment, which taught me another valuable lesson... never buy a stock unless you truly believe in it and are fully prepared to buy more when it seemingly starts going down the toilet.

I guess what I'm trying to say is, don't be disappointed if your position in this stock turns into a long one. Likely, you will profit much more than if you had flipped a quickie.

SanFran
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent BICX News