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Thursday, January 06, 2005 8:07:16 PM
Couple years back I once owned 78k shares of TIDE at an ave cost around .44 or so. Held the position for nearly 9 months.
During that time, kept up on DD, called the company, spoke to ceo and all the good stuff. Followed it religionly.
During that time, watch stock drop 50% in pps and fluctuate here and there and finally, nine months later, it got back up to around 500 bucks above my average buy in price. SOLD!!!
Well, within 6 weeks of me selling out, it ran from mid .40's to $1.88, pulled back to $1.15 or so than ran to $4.00 and some change,
Oh well, missed opportunity. (dummy me would still be holding)
Lesson to myself is to stick to your first guess, (like taking a test) don't second guess yourself.
Doesn't always work, but has become a rule of thumb.
Good luck for anyone who reads this :)
[Not ment as investment advice to anyone, just speaking of one
of my experiences that BB/BB refers to]
This is just one of my near death experiences :((((((((((((
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