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Re: duderaja post# 37925

Tuesday, 07/28/2015 11:29:34 PM

Tuesday, July 28, 2015 11:29:34 PM

Post# of 701134
Glad I'm not the only one. Still, the biggest lessons I learned from investing in solid dividend stocks for years have helped me with NWBO:

1. Buy quality over time and hold onto it, even if it goes down.
2. Buy more quality when it gets beat up for no good reason.
3. Own whatever you own outright, so you can ride out the storm: no margin what I'm keenest on avoiding but I've seen way too many people get burned by options too.

While I know many people would consider me nuts for treating NWBO like a Blue Chip as a result I haven't been led astray like those poor suckers who were hung by their own stop loss orders.

And to be clear, I've been wrong about other speculative stocks but when I pulled out, it was based on analysis and done with deliberation and willingness to admit I was wrong and take the tax write off. I would do the same for one of my blue chips if I saw the fundamentals had changed.

But both today and yesterday I saw nothing that concerned the fundamentals but only the short term speculation I pay attention to with my mind and emotions but ignore with my actions (no selling).
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