InvestorsHub Logo
Followers 24
Posts 1766
Boards Moderated 0
Alias Born 01/08/2008

Re: None

Wednesday, 01/09/2008 11:07:10 AM

Wednesday, January 09, 2008 11:07:10 AM

Post# of 245683
When people are yelling to sell I found out several times it's best to hold and wait. I have gotten burnt more than once by so called naysayers that were looking to help out. I am not saying that a person shouldn't sell but look at everything before you do sell. It is the worst mistake that new investors or novice investors make -

1) Company is not in some place or a resort town or a small office with so called workers and no one answering the phone.

2) They have had good PR's with money coming in.

3) Financing has been allowed for the company to grow.

4) The company actually has a plan instead of "Looking at a plan".


People want instant wealth and this market is about steady growth. You may have lost some money "on paper" but it is still there. When the 10Q comes or news hits you will most likely be glad you waited or frustrated that you sold while others are making profits.

Please do your own D&D - this is not a suggestion to buy or sell.