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Re: Kevander post# 124650

Friday, 05/21/2010 6:13:19 PM

Friday, May 21, 2010 6:13:19 PM

Post# of 179253
Go ahead and read my post:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=50422691

In addition to that here's a couple of other typical thoughts:

1. You will be angry and negative until the stock reaches your entry point. You put money in and now you're significantly down. You DON'T believe that this "piece of c**p" will ever go back to where you bough it.

2. You just hope to get your money back because you are already sick looking at your "loss" every day. If somebody offered you money you spend in exchange for your shares you would do that in a heartbeat and never look back. You also promise to yourself you'll never make a stupid mistake like this again.

3. Now there are a couple of scenarios: You wait and wait and wait.. Now you are really sick of this because it's not doing anything and you come to a realization that nobody can beat MMs in this game because it's their own game! Monk and others here are drinking CDIV CoolAid but they are at least not down like you are.. You are mad at everybody including yourself and decide to bite the bullet and sell this c**p at a small loss but that's better than 80% down!

Another scenario: The stock takes off much sooner than most expected (bull shake). You are 50% up. MAN! Oooohh, this feels much better but now the next dilema comes.. "Should I sell now?" 50% is a big gain by any means! You punch yourself in the face for not buying when it was in the 30's.. Gosh, if I bought down there a bunch not only I would be 50% but 100% up! If I only knew! Aaaahhh, why didn't I buy!?". Well, I will wait.. looks like the momentum is back.. It will probably go up more and I will get my 100%.
Then it starts going down.. WHAT?? 30% up, 17% up, 4% up... OH NO!! IT'S GOING BACK ALL THE WAY DOWN!! I am selling.. There's no way I'll be down 80% again! "Sell" button got hit..
"Uff.. that was close!" I got my money back.. But s**t, I was 50% up and I didn't sell! IDIOT! Could have made couple thousand easily there! But no, I wanted more! Uuuuhh.. Well, that's OK. Look, the thing is already 20% down since I sold it.. What a piece of s**t!

Couple of days later you're out of this stock but still browsing this board and you already turned into a basher because you just proved to yourself that this is just a piece of c**p just like any other penny stock out there.

Out of nowhere it starts going up like crazy. What the hell!!? It's almost $2! Oh man! You start calculating how much money you missed... Now you are really pissed off! MMs are crooks, people on this board are crooks, the whole world is bad.. You hate stocks, you hate life.. it's not fair!

Sounds familiar? :)

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