Bioelectronics Corp (BIEL)

[JNdouble1]

Anyone who was in at .0005 and didn't sell at .005 missed.

I held some through the spike on the belief that FDA approval was right around the corner. I was going to sell into that spike. I expected it before Q3 numbers. That would have allowed me to buy back in and get ready for the next spike on Innovation challenge or Dr. Scholl's.

There are many misses in there, take your pick. I don't claim to be good at this, nor did I ever say I had a crystal ball.

Of course luck plays a role in success with penny stocks, and I don't have much of that either.

What is obvious to anyone who is being honest is that buy and hold is not the best strategy here. And is likely not being followed by any but the most impressionable among us.