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Re: Calvin Hobbes post# 110445

Tuesday, 02/04/2020 3:21:06 PM

Tuesday, February 04, 2020 3:21:06 PM

Post# of 127559
Selling here isn't silly. It is called being smart and accepting that shares were purchased too late in the pump and now it is time to minimize losses.

We have all be in this situation MANY times.

I will admit that I used to make this very mistake. I would get in late and instead of cutting losses and making them up elsewhere that instead I would hold and wait for another miracle (aka another PR pump) to break even.

99% of the time I ended up riding it all the way down to nothingville and losing it all after an R/S.

Look at the chart. It is a textbook P&D play. It doesn't get anymore obvious.

But this is my opinion and I'm not recommending that anyone buy or sell.

MY POST ARE MY PERSONAL OPINION ON THE STOCK. DO YOUR OWN DD BEFORE BUYING AND SELLING!

PLEASE FOCUS ON THE STOCK AND NOT ON ME PERSONALLY