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Re: cosmic mojo post# 94171

Thursday, 08/21/2014 6:49:33 PM

Thursday, August 21, 2014 6:49:33 PM

Post# of 120611
You're not an idiot. Those prices seemed like a good entry point back then. I almost bought in at .48 a week before the suspension. PHOT was touted as one of the best and "safer" MJ stocks. I found one I liked better, FSPM, so I bought that instead. Thought I had dodged a bullet not buying PHOT. Guess what, two weeks after PHOT was suspended, so was FSPM. Lost 80%. There is just no sense in hanging on to a suspended grey stock. I got out right away. If I had waited 3 months my loss would have been 90%. I know some folks are just stubborn about selling anything at a loss and I understand that. "All out" is good damage control. It's only going to get worse. Happens every time.