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Re: Waves70 post# 11859

Friday, 04/08/2022 12:46:48 PM

Friday, April 08, 2022 12:46:48 PM

Post# of 11961
You feel the need to vent is probably why you're here. It doesn't help anything. We've all lost money, but move on and find other investments. Penny stocks are all or nothing. I've lost thousands and I've made thousands. Early in my trading career it was mostly losing thousands which is why I gradually migrated away from penny stocks. I only have two now and found better strategies that have been more successful. I'm not hand wringing. I lost that feeling 15 years ago when I learned the hard way and was losing thousands. If this turns out to be another one of my bad investments, I have no one else to blame but myself. I knew what I was getting into. A startup company with no revenue.

If you've tied up all of your free cash in this company and can't move on, then yes, I understand your frustration. That was me 15 years ago. I like to think I'm older and wiser now, but there are stocks I still lose money on. Just not as often.

Phillip