Don't Bite The Hand That Feeds You

[TheInvisibleHand ™]

Here s the thing, I took a position in Caei
my average is around 4.20, the stock traded on bs market manipulation on light vol to 1.89. I walked away, knowing that caei is worth over 9 based on fundamental basis, i simply will not sell cheap. So i think instead of focusing on short term, im looking for real solid companies, that will continue to grow even in a slowdown and buy them cheap. There is no doubt in mind, at some point caei will return to over 10. So i got a ok average, only 900 shares were traded at 1.89 and very shares were actually traded under 2, look at the tape. However a perfect hammers was formed. So what if i panicked and sold in the 2s, i would of been f-ed. Taking a longer how bad would i have felt if i sold in the 2s, and 3 -6 mos the stock was trading over 10+. In this market there is lots of panic, but this panic can provide great opportunities, but you got to know your investments and BE SELECTIVE.