Aiming and GFP, I'd like your thoughts on this. If the reasoning is sound, perhaps you can benefit from it as well. It seems to me that small companies, especially really small companies like Cobalis are not likely to really explode upwards on good news. Rather it takes a little while for the news to spread. So on good news, we who are watching closely will need only to compete with a few hundred others who want to add to their holdings before the rush from the rest of the investing world. That's where the big money will be made.
On the other hand, if the news is bad, holders will be dumping and no buyers will be there. The rest of the world doesn't enter in to the picture.
My thought then is to get down to a bare minimum or zero now, even though the price is down, and simply watch for good news. Then I buy at a sure thing at a small premium, rather than risk losing 75% of my investment.
This all seems pretty basic logic right now, but it hadn't occurred to me before. What cha think?
