Southcorp Capital Inc (STHC)

[chemist72]

Everyone has to make their own decisions of course.

But I had already sold most of my STHC shares for profits up to near the end of June. Then whatever high cost shares I still had left I decided to sell completely at the end of June for a loss of about $1,100 (sometimes when trading OTC's you have to learn to accept some losses).

Luckily I made this decision exactly 8 days before the huge drop on July 8. Got "lucky" this time. But in the past I've had many OTC stocks crash (either slowly from dilution or quickly for other reasons).

Maybe I've finally learned to take a loss when it seems appropriate?

The lessons learned here with STHC will surely stay with me for the rest of my stock trading days.