Well durn! I just clicked on your profile to see if it said how old you were because I was going to answer your question like this:
Why lawd chile! I been fiddling wid the stock market since before you was born!
Instead, I see a picture of a very nice-looking man! You're really nice looking! Nice smile too. I guess you're older than 30 so I guess you were already born when I first became interested in the stock market.
Anyway, to answer your question....yes, this is the first pink stock I have bought....learned enough over the past several years to not even THINK of touching a pink....but I've had many, many experiences with the OTC bb before they were required to report. Made & lost fortunes several times.
I know enough to be careful on averaging down in any stock. In fact, my usual rule is to take my losses if I am down by 10%. But every rule is made to be broken...and this is one of them. Another thing that I've learned over the past several years is that there is a difference between WANTING something to happen, and knowing that it will.
My husband still never lets me forget one of my first forays into pennyland. We still call it "dog c-rap to go". I wanted that stock to go up so badly. But deep down I knew that it wouldn't. Just didn't want to admit it. So when I finally had to concede defeat, I went the other route and let other people's opinions determine how I felt about a stock.
So, you guessed it. I had a really strong sureness about the next stock but ignored that knowledge and let people talk me out of it. Sure enough...had I stayed, I would've made my first million.
So....I don't do that anymore. I listen to that "strong, still voice inside me"....nothing else. And it truly has never steered me wrong. Now on most stocks I don't feel anything....just have to go by charts, financials, etc etc.
There I go by the rules, like "Don't try and catch a falling knife".
I never know when that "strong, sure feeling" is going to hit.
It had not come upon me for over four years...UNTIL I came across PHGI. The minute I came across it...I KNEW. I just knew. Now if you've never experienced that, you can laugh or whatever, and I won't care. Because I KNOW! I know as much as I can know anything that PHGI is going to make it. I can feel it. I can feel the strong forces surrounding it. I can feel the will....I can feel the determination. I can feel the success. Because of that, I'm buying as much of it as I can get. And sure, I get frustrated when the price keeps going down...but I don't get afraid. I just buy more.
The last time I had that "strong, sure feeling" was with Wheaton Minerals. Only it never got this low, so I couldn't buy as much as I would've liked. And you should've seen the bashing and the doubts and the fear-mongering that went on with that stock. I kid you not....I have never seen such a good basher in all my life as I saw with that stock. He was AWESOME! BUT....he didn't faze me....because I KNEW! And, of course, I was right. I will always be right when I have this feeling or knowledge or whatever you want to call it.
Good luck to you too!
