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Re: novicetrader1 post# 381

Friday, 01/07/2011 11:09:43 AM

Friday, January 07, 2011 11:09:43 AM

Post# of 13509
If it was possible to determine the price that each of the current sellers paid for this stock that they are selling today we might come up with an understanding of why the price has gone down. However, since we cannot contact and survey the sellers, my interpretation would be that most of them feel they made a mistake in buying this stock or are tired of waiting and therefore they are selling FCPG so that they can invest in some other penny stock that is being plugged around. I AM SURE THAT THE SELLERS AT THIS PRICE AND THIS TIME ARE NOT MAKING ANY PROFIT. I BELIEVE THAT THOSE WHO BOUGHT SHARES AT 1-1.50 HAVE ALREADY TAKEN THEIR PROFITS.
That leaves those of us who are breaking even or maybe slightly below with a reasonable loss who are holding on hoping for a bounce back.
WE are caught in a rollercoaster from which we can't jump out without getting financially or psychologically hurt.
WE MUST BE STRONG, PATIENT AND POSITIVE.
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