Alcar Chemicals Group, Inc. (fka ALCX)

[Trinityz1]

You're right
I looked and current price was .01.....
went and ordered a doo-dad for my boat...
came back and it's .009

1.2 million shares traded so far...
.07 would've been a lot better time to reduce loss...
Unfortunately, some wait until Dec to make those decisions.

As you've pointed out,
an investor has to move when it's right....
not when it's convenient or on a guess or whim.
Same goes for buying in....
Still, it doesn't hurt to reduce losses by selling at least 1/2.

When I find a company...
I typically take a small intial bite....
Good companies will get beat down...
maybe attend a shareholder mtg....
I watch SP movement for a while...I am patient...
I'll actually go and visit the company and meet the people..
Then I'll dig for some DD....read some forums...etc...

If it looks good.....then I look for times to average down
and try to do it near the bottom.
I've got one that looks like a dog...but my average down
has paid off....PLUS...we just got paid with dividend shares
that more than compensated my total initial investment
and has paid a 3x gain through the dividend....
plus I still have my original so called "loser" shares....
I can always write them off against the gain this year.