Conversion Solutions Holdings (fka CSHD)

[Doniboy]

Most people do set 10%-20% loss alarms for themselves. I agree that it is a good strategy. Minimize loss at all times. But there are some who throw a few hundred or a few thousand dollars at something and just let it roll. Hopefully they are also the same people who can deal with a total loss without getting too badly hurt.

The misconception around here is that everyone who is in this right now doesn't know anything about trading, or needs to be taught, or is a moron. That is just not true. Some people are riding free shares and just don't care enough. Some people who flipped in and out got caught mid flip. Some people who didn't believe that it would be a NASDAQ or AMEX stock were just waiting to see if the 6 for 1 went through and got bagged, after it reopened they were down so much they figured "what the Hell" and just left it in. There are a million reasons for people to be holding right now.

The fact is that you can do everything right sometimes and still lose.

No need for a holier than thou attitude or a condescending tone when a simple "better luck next time" would suffice.