Abattis Bioceuticals Corp. (ATTBF)

[Jim Houston]

I lost 3/4 of my investment with this stock, but I felt as though I was doing my due diligence with it but I was in denial as I rode it and rode it and rode it down to the ground, even "loading up" from time to time as it continued to disappoint me and everyone else on this list. I know I wasn't the only one that fell victim here. I've been trading a long time and had done pretty well up until that point as a novice trader. I read books, studied, got up at 5AM to watch Bloomberg for an hour before work, and I thought I knew what I was doing. After all, up until my ATTBF failure I was usually up pretty well year after year over the 10 years I have been trading. I learned my lesson with ATTBF though. I was lulled when I didn't think I could be. I listened to too many people (on here) that seemed to make sense and sounded like they knew what they were talking about because I wanted them to. I should have listened to my instincts. Yes I sold and yes I lost money, but I sold when it hit .50 so had I followed that sage advice to hold, or try to make myself feel better because "technically" I wouldn't have "lost" $30,000 until I sold my stock at $.02 or $.03 per share and at that point I'd be out most of the rest of the money I invested so how that notion ever made any sense to anyone is beyond me. At the end of the day cash IS king. I watch ATTBF from the sidelines now and wonder why in the hell anyone with any sense at all would have a single solitary dollar invested in this stock. Even at a nickel, I just can't force myself to make what may turn out to be a wonderful purchase "down the road". Can't do it. I've lost too much money in this stock as it is. If/when it falls below .03 *maybe* - *maybe* - *maybe* I might buy 10,000 shares for 2 or 300 bucks.