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Re: Xilo post# 211

Tuesday, 09/01/2009 4:05:01 PM

Tuesday, September 01, 2009 4:05:01 PM

Post# of 3797
Every true investor does stuff like that (myself included.)

It's part of the learning process.

Sometimes you just have to sit on a position you take especially if you get in at such a low PPS. These low floaters can sometimes take a while so if you only have to wait a few days or a week then you are doing well. What gets most people is watching nice profits show up and then the drops. It makes you want to sell off quickly and take a little profit.

I dfound that once I hit a stock and feel comfortable enough to put money into it I will sit on it unless I see something tangible coming to make me sell.

This stock has way to many people who bought in above .015 so I will sit and wait because I think someone(s) have accumulated and this is going much higher but it might take some time.

I think we will churn in the .02's at the very least but only time will really tell.

best of luck to you.

Making some Sweet Moola with Uncle Rico!