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Re: Mrone post# 573

Thursday, 06/27/2019 6:35:09 PM

Thursday, June 27, 2019 6:35:09 PM

Post# of 1471
I think that's an awesome play. I got out last time around .57. At the time I thought that was gross. Now I could buy 20% more shares if I wanted to. Imo, it's never, ever too late to sell and buy cheaper. Hell I sold in the 1's for an awful loss from 2.25. Re-bought back in for double shares on a mad dip and somehow made more money than my whole loss, with the same amount of capital.

If you truly believe in the stock I don't get the big deal about missing out on .05 - .10 because you guessed wrong then had to rebuy more expensive. So what? If people believe in the company what is .05 - .10 down the road? I hear all the time "I'm down too much to sell. Why? WHy, if you know it probably will(not saying it is or will) would you hold on to it knowing it was going down? I see it happen daily on boards. I say forget that. If you are really positive something is going down, take the loss no matter what, and buy more when it hits a bottom. Sometimes that second position is a diamond. You end up really nailing the bejesus out of the bottom entry point because you have been screwed so many times you can identify the bottom like a wolf. I'm babbling, peace.

Lol Edit: I thought this was Namaste but it applies to everything =)