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Re: Mr Bylo post# 53420

Thursday, 01/12/2017 8:57:54 PM

Thursday, January 12, 2017 8:57:54 PM

Post# of 156701
I got in shortly after the uplist. For me it was a pure momentum play. I did not have any intention of holding my shares because I have learned in penny stocks that the last one out is the rotten egg. I sold half my position the day I purchased or the day after (can't remember). Call me weak hands, call me a flipper, call me the skeptic or the iHub board contrarian. I have learned to look at every penny stock as a pessimist.
I sold every one of my shares for a profit albeit sometimes a small one. I can live with that even if I don't make as much as the rest of you when the big kill comes along. I'll just learn from my mistakes.

My father told me that when you buy a stock you have to have an exist strategy. I didn't quite know what he meant at the time but after so many mistakes (and believe me there are some that people would cry over that I have made) I now understand this better.

Best words that friend of mine have ever said to me:

"In the stock market bulls win, bears win and pigs get slaughtered."

I know I have been pig too many times (times when I was up 90% on stock only to give all back to near worthlessness).