Wednesday, December 02, 2009 8:59:32 AM
Me myself i got involved in a stock that was pump and dumped a few months back (CGAQ). I had heard of it from monsterstocks. the day it was p&d'd i got in at .77 and within 20 mins it was up to 1.05. I took a shower and it was down. Since it has fallen to .05 at one point but I held strong and averaged down when I could. Currently I will break even if it hits .42. It is currently trading at a rock bottom of .15 and has been there for a while now and looks about to come up with some different press releases coming out. The thing is though is that the company shows loads of promise TO ME after MY RESEARCH and it spikes every few months for massive gains and looks to be ready to do so in the next month or so. Especially when the financials come out early next year. I'll hold through it because I believe it will rise again.
What I'm saying is that you need to do your own research and make your own decisions. I dont know the case with RBTI but I received a emailer from the same place that CGAQ came from and didnt have the money at the time to get in. Though at this point I am glad i didnt, but to anyone who is SEVERELY down, do your own research no matter where the stock comes from or is heard about. If this company has any real legs to stand on it will rise again like CGAQ.
We all make the best decisions based upon the experiences weve had and looking at the positives (or making your own) in regards to this experience could really prove to be great for decisions in the future whether it is with stocks or other relevant possibilities. I have learned loads from watching CGAQ in the last few months and figuring out trends and data etc. Though I was kinda forced to because I was involved it was still hugely insightful. And I'll apply it to situations in the future and hopefully have even better outcomes. Any and all thoughts are appreciated. GLTA
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