LuckyDude: I know how you feel, its human nature to be tempted by bargains and anything with a dot and three zeros in front of it almost screams BARGAIN HERE, buy now or die! I do hate to say anything one way or another about a stock for fear that someone might actually listen to me and then when I'm wrong I feel like I cost them money. On the other hand I feel guilty if I don't warn them if I see possible signs of trouble but sometimes I'm wrong about that too and may cost them anyway!
I keep concluding that the best thing to do is keep my mouth shut, stay basically neutral, ask a question maybe and let it go at that and about half the time I'm glad I did cause I'd have been wrong anyway! Say too much and your either a dumper or pumper, people want to believe what they want to believe and anybody that delivers truth or facts that they don't want to believe is the enemy. Pearls and rendering come to mind. I like the link on your profile by the way, amazing stuff!
I've thought about taking a hundred or two once in awhile and going for the lotto by getting a mil shares of a .0001 or .0002 stock and just try to forget about it civx, lbtn, gwgo etc. As for watching this one today I've been wrong enough times that it don't bother me too much anymore. I'm real good at finding tops, soon as I buy in it seems like the top is immediately known by all and I've also discovered that there is no such thing as a bottom. I started out looking at fundamentals (I read Peter Lynch's book, One Up on Wall Street) till that almost drove me nuts (I lack patience) I picked good stocks but until the herd agrees with you it don't matter. So I figured fine, I'll follow the herd, which is easier and I got into charts, thats when I got good at finding tops! Then I thought buy low sell high, right? Thats when I found out about bottomless lows.
What all this boils down to is I still don't know what I'm doing and haven't found the perfect strategy yet but I got to be gettin close! I just started working on dividend angles but its too soon to tell yet. I got burned last fall on one simply because I didn't understand the dates but now I'm older, wiser and don't have as much money to lose!
Anyway don't let missing the run get you down, its only money. Just look how bored you'd be with t-notes and we do still have our cash, if the market crashes tommorrow we'll be non radioactive and non sunburnt kings!
Money may be the root of all evil but it feeds ego which is the seed of all evil.
Later
"Any man willing to give up a portion of freedom for a portion of security, deserves neither freedom nor security" ... Benjamin Franklin
