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Wednesday, September 01, 2010 4:21:12 PM
When I was active as a broker for F. I duPont---an NYSE firm that discouraged inexpensive stocks,, as too speculative for our clients, ---probably why they went broke and merged---4 times--
I encouraged my flippers to do their "thing"--just don't announce it---we did not have computers or the internet --you know "stone age" or "Neanderthal times" to most of you,,,,,,
and to my long term investors i encouraged the buying on dips, and sell offs----build a position over time ---as it takes time to build a company---at least 3 to 5 years,,,, and to evaluate ( do more DD ) every 6 months
I say the same here----evaluate what you are doing and why,,, then act accordingly---
It is not necessay to announce , blather , and attempt to influence others --and it is very easy to do in this fast moving and inexpensive trading----
If you bought into KATX and Ken Stead as builders of a profitable company for the future---then relax and view this as a wonderful opportunity--
Even for you traders---it is an excellent trading opp..
Cheers,
Art
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