Yes, no, maybe....
Many questions are spinning in my head as we head into next week. I invested 4 days ago and I am thrilled to see the 60% gain in my IRA account. I have been in the stock market for about 5 years and made every mistake possible so far. My IRA is worth about $24K today. Sadly, it was 100K about 2 years ago. I invested in a penny oil and gas company, which had everything going for it. One thing I failed to see is that the CEO was a corrupt criminal. He got lucky and never went to jail. I guess the laws in Canada are somewhat relaxed. Instead, he opened another company and continued to suck every penny from investors. At one point, I had 350K shares @0.16. Then one day this company started to climb and hit $0.32. I was greedy and was thinking about the millions I was about to make. Next day they announced an offering at $0.25 and the stock crashed. I held my shares. Next came the oil and natural gas crash. I finally sold at $0.16 after seeing the light. Long story short, the company did a RS and crashed even harder after that. Now it trades at $0.04 pre-split. After that trade, I made several other horrible choices. Last week I was sitting with $15K in my IRA. And then I found TRTC. Not even sure where I saw the ticker at first, but it grabbed my attention and out of total desperation I went all in. 75,000 shares @0.209. I was the last person who bought shares at that price. The second I bought, the price started to climb. So, today we are sitting at $0.32. What should I do?...... My rule to buy stocks, which I broke 99% of the time is to wait 4 trading days to buy the stock after I discovered it. I broke it again with TRTC and bought it on the second day. I usually see a steep decline in the share price, but TRTC surprised me.... So what am I going to do next week. My senses tell me to sell on Monday and re-buy on Friday. Maybe that way I can join the "100K club". But my gut is telling me to hold. Does it matter if the stock drops 5-10 cents, if it later goes to $5+... I am sticking with this one. MJ revolution is here and I am betting my retirement money on it. I guess it is appropriate, since I am moving to Colorado in June. Good luck to all longs and thank you for keeping this board real...
