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Re: ROCKHard post# 150982

Wednesday, 12/05/2018 6:49:26 AM

Wednesday, December 05, 2018 6:49:26 AM

Post# of 163716
ROCK what I don't get is why so many people say "i can't sell cause i'm this much down". That is the very reason to sell, because you "are this much down". I sold Carillion and Seadrill something like -30% and -50% in two batches. I got it wrong but admitted my mistake and reacted so i lost 40%. And of course these were risky they weren't the biggest investments.
It's mind boggling how people put big stakes at something like this when you KNOW there's shady history, management seems not good at all and even the freakin forum sticky says every time up there "how to start a lawsuit"...
Anyway, i don't know about your stakes if it's gotten small i guess it doesn't matter but i'd say 1/1000 chance this will jump 10x prices from this. Double or triple maybe a few percents chance if they produce really really slick press releases, but it's really a long shot IMO you can and should always sell when the fundaments for the stock have changed for worse and i think that happened a looooong time ago and it hasn't gotten any better, vice versa.

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