I'm holding for the long haul. It should go back into the 60s. If the opportunity arises I may pick up more cheapies, but I have to be careful not to have too much crap in margin if it falls again.
I had to sell most of what I had to keep from incurring margin debt just before it took off this last time. Really pissed me off. If I could have just held it a couple of more days I would have made $5000 instead of $150.
Life is tough. It's tougher if you're stupid. Whadda maroon!
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.