News Focus
News Focus
Followers 85
Posts 25803
Boards Moderated 0
Alias Born 09/15/2003

Re: ronning999 post# 16637

Friday, 10/08/2010 11:28:41 PM

Friday, October 08, 2010 11:28:41 PM

Post# of 17016
Don't Drink the Kool-Aid!

Kool-Aid is the 'drink' by which investors lose their money, much like the drink that Jim Jones 'followers' lost their lives. It is prevalent with stocks having great 'stories' but lacking in strong fundamentals. Investors that get 'drunk' on the 'words of the CEO' are the most common of all Kool-aid drinkers. Often though, naive investors will become 'drunk' by other followers of same issue. As the old saying goes, misery loves company, and where 'faith' has caused a group of investors to hold their stock longer than sensibility would dictate (and usually holding a loss), they become known as kool-aid drinkers.

1/2 cent Vancouver penny mooching pirates!

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today