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Re: Scandle34 post# 59688

Thursday, 07/22/2010 10:37:11 PM

Thursday, July 22, 2010 10:37:11 PM

Post# of 312102
Re:<"I eat my crow every time I look at my unrealized loss. In my case due to being too busy to think at a critical trading point, but nonetheless...">

I see most people get in too deep when they start averaging down with every new lower price being a new "bargain" for them. If you weren't adding shares at $5 and down, you are probably better off than many.

In my opinion, it will take JBII somewhere between one and a half to two and a half years to get below a cent. When and if it happens, you will see people who averaged down all the way and end up keeping the vestiges as a "lottery ticket." I see that way too often. Sometimes even if a person believes that their penny stock will change the world (and most are absolutely emphatic about their investment's 'revolutionary' product), it's still better to know when they've invested too much already and not continue to throw more and more money at the stock.

.

Yes, I understand your penny stock also is the real deal, created with the inventiveness of Edison and destined to be the next Microsoft. Yes, I understand that the delays are also only because your company is making their product even more revolutionary.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y