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Saturday, December 01, 2007 10:53:31 PM
Long term investors? In Pinkyland?
This was not written for pinks, but for DOW stocks.
You hold long in companies that have been around for years and years that have proven themselves time after time. Stocks that are impossible for most investors to hold millions and millions of shares in. Where lots of gamblers do here in pinkland.
So let me get this straight. Lets say I bought stock A for .25 pps in 1 month goes up to .50 100% gain. Next month
it drops back down to .25pps.
Thats tormenting.
It is ok to sell some of the shares you own even if you intend on holding long. You must lock in some gains so that you can REINVEST back into the company to give it support when it is needed at lower levels.
It is possible to get rich quick! If you play your cards right, but it won't happen to you if you keep thinking this way.
Checkout "whatever you say" Board on IHUB
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