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Post# of 251981
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Re: apljack post# 60029

Thursday, 03/06/2008 12:26:08 PM

Thursday, March 06, 2008 12:26:08 PM

Post# of 251981
> Does anyone here have an opinion regarding value vs. dead money?<

Apljack-I'm not sure if you mean regarding this particular stock, or the situatiion in general.

As to the situation in general, been there many times as have most investors. I always try to take my "I won't/can't lose" ego out of the formula and look at it more dispassionately.

The PPS is where it is right now, today, whether I like it or not. If I bought it right now, today, could I make 20% (my goal) in a reasonable amount of time? If so, I keep it.

Or, is there another stock that I could buy, right now, today, that I could make 20% in a reasonable amount of time. If so, I sell at a loss, buy the new stuff, and move on.

I just cut one looser loose last week, bitterly! Bought a bottomed-out stock that day, back to even overall today!

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