News Focus
News Focus
Followers 99
Posts 2054
Boards Moderated 0
Alias Born 10/25/2009

Re: Lucky_Charm$ post# 76014

Wednesday, 03/10/2010 12:36:19 PM

Wednesday, March 10, 2010 12:36:19 PM

Post# of 179253
I can relate, because I'm in at the same levels (actually a bit higer -- I'm in at the .28-.32 level). Think of it like this -- you are still up 25% on your investment. If you bought in at .26, that was probably about two weeks ago? So you've made 25% in two weeks. That's really not too bad, is it?

I know you were happier when we were at .48 and you were up 80+%. We all were. And we'll all be happy when we get there again in a few days.

Keep some perspective on things. It's not like you're down 50% and getting killed -- you're still green on your investment, right? It's not like the company is diluting and burying us in excess shares -- volume on these red days is not higher than normal.

No one likes the red days. Everyone who is staying positive, posting about how the MMs won't shake our shares free -- they would all be much happier with green days as well. But they know that these drops are part of the market, and in this case, are a last-ditch attempt by the MMs to scare us. So even though they are seeing their account balances drop as well, they are holding strong and remaining confident, knowing that CDIV is a winning play.

With that said, it's your money and you need to do what makes you feel comfortable. If you want to take your 25% gain and lock it up, that's certainly your choice. But next week when we are back at .48 (and a few weeks beyond when we are at $3.00), don't expect us to feel bad for you because you sold and took your profit.

Hope this helped give some perspective.

GL!!

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today