Warpcore,
You might at least post the ENTIRE quote if your going to start copying and pasting my posts. I was talking about holding through a market correction....not holding for a dozen years or more while scammers ran shares through their pockets.
Here is the whole quote from my post:
" To do so takes research, forethought and a willingness to "stick to your guns"...in other words to watch a market correction without panicing and pulling the sell trigger."
As I've said countless times before, most INVESTORS have a time horizon in which to make a profit. These time periods vary but usually most investors look at their investments after a year or so, to see if things are working out the way they thought they would. If the company they invest in is stagnant and hasn't given a return....it's called "dead money" and most INVESTORS won't let it sit there past the TIME HORIZON they have picked out. They know that the intelligent thing to do is to move on to a company whose stock will make them money.
Most DREAMERS buy penny stocks. They sit on them as they decline (this is what usually happens) for YEARS UPON YEARS and then hope against all hope for a return to at least where they bought it. The most RABID DREAMERS talk about buying jags when their penny stock hits it big...and they are willing to wait YEARS upon YEARS for it to happen. 99 times out of a 100, the company they are in love with goes belly up and they are left picking up the peices of their lives and explaining to their spouses how they "just missed it". That "things could have been different if such and such had happened".
IMO, you are one of the latter. Your choice. But the odds just aren't with you.
I keep telling myself....deep breath....count to ten....try to answer without personal attack...if available, always try to present fact to back up your opinion.