Patience is always good in an investment. If you are trading .20 cent moves, I can understand your frustration, and might suggest looking to trade forex which can be quite the ride both short and long on a weekly basis.
I remember putting money in MYL once and it took 2 years, but then the stock doubled and split and went up some more, and I finally sold most of my shares. I recently bought alot of them back since the stock is low again.
At this point I am feeling better about BOCX so I invested more at the current prices, and plan to wait another 2 years if needed to see the stock go up once the technology is commercialized. The good news is that all capital gains will be taxed at a lower rate.
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.