My only objection was to your contention that "the traders are going to get left behind."
In my mind what you're trying to say is "don't sell". Selling, my friend, is what puts money in the bank. Traders and investors can both make money but they have different goals and different ways of doing business. There's room for both. That's all.
Personally, I was fortunate enough to have played both sides of this one. I bought a bunch at 80 cents, SOLD half at a buck sixty and let the rest ride. Still have it. Sure I could have had more on paper if I'd have kept it all but BK was still a definite possibility at a buck sixty and I need to reduce my risk potential.
Anyway, my only point was that to scream "don't sell" smacks of panic hype. If that was not your intention you have my sincerest apology.
In my mind what you're trying to say is "don't sell". Selling, my friend, is what puts money in the bank. Traders and investors can both make money but they have different goals and different ways of doing business. There's room for both. That's all.
Personally, I was fortunate enough to have played both sides of this one. I bought a bunch at 80 cents, SOLD half at a buck sixty and let the rest ride. Still have it. Sure I could have had more on paper if I'd have kept it all but BK was still a definite possibility at a buck sixty and I need to reduce my risk potential.
Anyway, my only point was that to scream "don't sell" smacks of panic hype. If that was not your intention you have my sincerest apology.
IHub Moderator Ethics - It's not an oxymoron.
#board-2807
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