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Re: mastershake post# 43398

Tuesday, 03/27/2007 9:47:41 PM

Tuesday, March 27, 2007 9:47:41 PM

Post# of 648882
No, and that really sux. I have done that as well, and I guess that's why I keep repeating:

Avoid chasing a running stock, especially shell stocks, which are especially volatile. There are a few times when chasing pays off, but many more times, chasing usually lands us in the red.

It is one of the hardest things in trading to practice, but it is usually when we least feel like selling, that we should take profits, and it is precisely when a stock looks the best to those on the outside, that we should step back, or walk around the block.

The worst mistakes I have ever made, either in buying or averaging up, were often the result of buying on the "weeeeeees".

And trust me, I love the weeeees! They're fun!

fwiw, I don't believe the BHUB saga is over. Unless I've missed something, BHUB has experienced nothing more than a routine selloff, and could easily still have a penny run with the right news and confirmation of facts from the company.

In the pennies, anything could happen, so I'll be watching.









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If you take anything I say as advice, you're crazier than I am.

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