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Wednesday, July 09, 2014 12:47:01 PM
I like how people use the term "bagholder" as it just applies to penny stocks. Anyone can lose a lot of money on any given stock whether it's a DOW, S&P, Nasdaq, etc. Ask investors who bought tech stocks in the early 2000's how they feel about it now. Timing is everything and hindsight is 20/20. The people that bought at sub penny levels who sold at .04, would have been just as pissed off if it ran to a quarter for selling too early.
The purpose of putting money into a start up beverage company is to see if it catches on and becomes prosperous down the line. It doesn't need to be monitored day to day, it will just drive you nuts and cause emotional trading to occur. Let the company do its thing and time will tell.
Cheers
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