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Thursday, October 15, 2009 5:36:34 AM
It is a matter of evaluation, belief, and research.
In all matters of stock, even blue chips, you can lose.
The downtrend here has only been for a few days - the question is - do you believe it will go back up?
If you believe in the company, then you should say yes, and hold to your belief, and eventually you will profit.
If you do not believe in the company, then you should get out as soon as you feel it will not recover.
A loss is never actual until shares are sold. Until then the loss is potential due to loss of value, but the potential for recovery exists.
Personally I hold a lot of shares which I purchased at .045, and although distressed to see the price go down, I have never once thought of selling.
I constantly evaluate - all information I can find - most made available by the competent and resourceful people here, a little on my own.
This is not a quick play, unless your a skilled flipper, which I am not. For me it is a long term play based upon my belief in the company.
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