Tuesday, April 25, 2017 10:09:55 PM
$1, but then over a couple of days or quickly, falls to 80 cents. That would be a $100,000 decline.
Are you prepared for such pull backs?? What would you do?? Would you sell in panic?? Then quickly buy back if it reverses its fall?? Thus winding up with fewer shares??
Would you sit back and take into account what's happening with the company or would you only
be selling on a gut reaction to the paper loss?? If you did so a few times you may find yourself
with a lot fewer shares than if you just held through the decline....and then the rise.
Everyone needs to start thinking about their responses before such situations occur.
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