InvestorsHub Logo
Followers 16
Posts 4022
Boards Moderated 0
Alias Born 03/11/2003

Re: geopic post# 2604

Saturday, 09/05/2009 5:18:16 AM

Saturday, September 05, 2009 5:18:16 AM

Post# of 6773
Well, I seem to make the mistake to find intersting microcaps, but get in too early always. The problem is that those stock do not drop only from a reasonable valuation to a low price - their ongoing decrease makes it often very difficult to average down as one nevers knows where the mud starts you are falling in wink
I bought at .60 first as I thought this is far enough from all-time-high $ 2.00. But my mistake was that this all-time-high all been a all-time-hype without any value as $ 2.00 was much too high in the beginning of SPKL. So wrong thinking leads to wrong behaviour. Unfortunatley I only get into such stock with some bucks only and than increase my investement if a stocks falls. Well, could be a falling knife I touch - but if the story is really good and the market just does not want it as the story has not yet unfold, than for me this is enough reason to get in by and by with increasing amounts.

(Sorry for my clumsy english, I am a foreigner)

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.