InvestorsHub Logo
Followers 0
Posts 163
Boards Moderated 0
Alias Born 06/12/2006

Re: None

Thursday, 07/12/2007 3:03:45 PM

Thursday, July 12, 2007 3:03:45 PM

Post# of 30354
...And The Pigs Get None.

Pigs are always looking for one big score. They buy high-risk stocks and hold on no matter how low the shares sink. Even when they see some excellent gains from an investment, they never take their profits, so they never realize any benefit from investing. Instead they let the money ride, always expecting a little more. Some rare pigs do eventually sell off their profit positions, but they usually turn around and immediately dump their returns into an even riskier stock, and try to hold on for an even bigger gain.

Pigs buy from 'tips' they hear at the water cooler, and invest in companies without doing their due diligence. They get impatient, greedy, and emotional about their investments, and are drawn to things like day trading, options, and derivatives, without putting in the proper time or money to learn about these investment vehicles.

Although harmful to themselves, pigs are both necessary and beneficial to the bulls and bears. It is often from the loses of the pigs that the bulls and bears reap their profits. After all, you can smell burning bacon from a mile away!
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.