Blue Stallion Shoe,
You make a really, neat post, IMO! This is investing history in the making and if folks have allowed themselves to over do their loss limits, at least credit it to a good lesson but IMO, one will compound the misery if they sell too low and before they are sure they can get back in during an unexpected turn and run-up. That would hurt more than just losing it, IMO.
IMO, history is worth losing some PK ear marked money I bet almost all of us had written off before we even placed a trade. Who ever first saw any information on PKs without a disclaimer of the huge risk and the need to use funds, which can be lost or are disposable? Heck, this is practically part of the definition of what PKs are! I did and was getting ready to move away from PKs but the chance to take part in a scenario like this, which is why I gave the PKs a try in the first place happened together with the chance, at great risk, to make some of my past PK losses back or lose it all anyway. I liken this situation to something like this; after losing my couple 100 bucks learning to play a card game,(I expected to as I never played cards before) walking by the $ 10.00 KA-BILLION DOLLAR SLOT, looking down and finding a 10 spot. After finding the $10.00 Bill, looking at the sign saying there was a $10M pot and no winner for over a year. I did what everyone would do, I put the 10 spot in for a chance I did not have before I found the bill and while I was leaving anyway.
Shoot, at least we can have some fun playing the market with a stock that is going to be remembered and will go BANG one way or another!!!! Do not know if this makes sense but I flipped the last of the PK allocated money into BHUB which is money I, JUST ASSUME IS GOING TO EVAPORATE . Getting a shot at a KA BILLION to ONE long shot is why I played the PKs along with wanting to have some fun while I was learning a little. I learned a lot more than I expected! I never got the chance at a "BAGGER" type stock while it was moving but I can't say that anymore so now I am just going to have fun and I will, regardless of the outcome, unless I let the parasites bother me as they bleed newbies. That is the only thing to take this chance at some excitement away from me.
JMO and I'll be here till there is no place left to be! See you all in the AM. Lets just have fun and we can have more fun by not becoming acidic with each other, IMO.
GLTA,
Nez
Any society that would give up a little liberty to gain a little security will deserve neither and lose both.
Benjamin Franklin
