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Re: jvg25 post# 17568

Friday, 08/13/2010 10:20:20 PM

Friday, August 13, 2010 10:20:20 PM

Post# of 20469
When in dilution mode, these stinky pinkies often can't drive up the price with PRs. They've usually issued shares to third parties that unload them as fast as they can. When you see this kind of action, you might want to get of out of Dodge ASAP.

PRs may support some additional selling, but they probably won't cause a major pop in the share price, precisely because of what I said in the post to which you responded. There are too many people looking to get out of this stock.

We'd all like to get our money back on losing stocks, but it isn't always possible.

What we paid for a stock is called a "sunk cost" and is not relevant to sell considerations. The value is what it's worth today. All that matters is the real chance for future appreciation from here.

Sometimes it's better to take a loss and put the remaining proceeds in a different investment that has a better chance of going up.

Holding a losing stock until it "comes back" is usually a bad strategy. I learned that lesson the hard way.

Look for investment vehicles that have better appreciation potential for whatever capital you have left. That's certainly better than holding a stock like MMUH in a death spiral, hoping it will miraculously come back with enough volume to allow you and all of the other bagholders to be able to exit.

~Cassandra



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