Tuesday, July 13, 2010 10:53:19 AM
I had that exact same thought. Maybe just maybe another pump will come around and I can get closer to whole. But, for that to work you need the float to be relatively tight. So many new shares have been authorized and put into the float that now it's extremely difficult for even a really good pump to work. That is what pushed me over the edge to finally take my loss and bail.
If you are going to ride it out, verified revenues and fully disclosed (and audited) financial reports are going to be what it takes to significantly move the share price up.
Last year, I thought I was Warren Buffet, Jr. I paid more taxes due to capital gains than anyone else I knew (or at least was willing to talk about it). This year, I have learned that I might not be as good as I previously thought (and, I've been doing this for 20 years, this = trying to pick individual stocks that make money).
Give us this day our daily bread... and lead us not into temptation (ie don't be a greedy fool)...
I do not have a premium acct, not sure getting one is worth what Ihub wants. If you PM me, include an email and I will reply.
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