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Re: stushy post# 38877

Friday, 04/16/2010 1:28:56 PM

Friday, April 16, 2010 1:28:56 PM

Post# of 157003
I am not bashing GOIG. I am just saying that it was pushed by some promotional sites. End of story. I trade. I rarely invest. I take what the market gives me, bottom fish, and sometimes average down if I buy at the wrong time and find out that I have to vote with my cash at lower prices to make money. But I rarely buy and stay for longer than three-six months unless I REALLY like the share structure, the management and I understand why the stock has gone down.

If a stocks goes up right after I get in and runs, I make sure I sell enough to reduce my risk. Which is what I did with GOIG.

GOIG has had an incredible run. And there are MORE traders interested in preserving their profits than there are traders buying it. IMO

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