Grapefruit USA Inc (GPFT)

[madtig6]

joebari........

.... I agree re ultimate outcome, as long as FDA comes through.

Since trading is my source of income, I have set rather rigid rules for myself.

Knowing how much one is willing to lose before bailing is a huge
rule and definitely hard to follow. But my experience over the years tells me not to set a "stop" is a major mistake.

I usually set my stops at 7-8% loss ( often I use trailing stops when pps is going up)

With IMGG, I broke all my rules from the beginning.

That was then, and now is now. The parameters have changed with this delay.

I have been trading my trading account, have taken profits of approx $60,000, have seen the "paper" losses lately ( actually real losses) mount up to $50,000. So I sold seeing the writing on the wall( IMO) that we are in trouble here, and pps could go much lower.

So I salvaged $10,000 . Hope I am wrong for everybody's sake.

It won't bother me a bit to buy back higher, as long as the risk of loss has been resolved.

Yes, see you in the circle in "Sin City" !!!!