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Re: bigballz post# 146

Friday, 05/22/2020 2:03:06 PM

Friday, May 22, 2020 2:03:06 PM

Post# of 277
Which be exactly the wrong thing to do --investment wise,, according to Bernard Baruch ,, who had been doing that very thing and found out that was why he was in the hole after 8 years of investing---selling winners and holding losers until they became winners--then selling them ,----after 8 years his entire portfolio was all losers-----

I have been holding this "turd" since Dec 2004----and my cost is .01 according to Fidelity---when it gets ,, if ever,, back to .01,, I will consider it an investment and dump at .05

If I were younger, I might hold it longer---but, hell,, 500k shs at .05 will give me some old age spending coin

cheers,art