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Re: None

Monday, 01/20/2020 12:04:14 PM

Monday, January 20, 2020 12:04:14 PM

Post# of 1045
Penny

I go by my educated guess. In the case of HRVSF I used ACB as my basis. I owned a fair amount of shares of this company solely because I thought their approach was keen for their industry. What I began to realize as I held this stock was that their approach was going to lead them into financial problems if the growth of the industry would start to show weakness. As soon as this reared its ugly face I ran for the hills. I began to see the same happen in HRVSF and as I watched my faith in the CEO begin to weaken I did the same as I did in ACB. I cannot afford to double guess myself with the number of shares I purchase in a company. KEEP IN MIND THAT THIS IS MY APPROACH AND THAT IT MAY NOT WORK FOR YOU. If I see a stock failing in my portfolio and I am carrying a sizable gain if my gut feeling is that they will not regain I AM GONE no questions asked. Everyone must have their own approach that they are comfortable with and abide by it. I DO A TREMENDOUS AMOUNT OF DUE DILIGENCE IN EACH STOCK I PURCHASE. As soon as I see a company move away from what I studied to buy their shares, up goes the red flag and I say SEE YA!!!!!!!!!