Just got a chance to look at the market, was out yesterday and today. Sadly to report, I capitulated on the stop loss order of all my remaining OMG at 4.69 which I set up last week. FARK IT!!!! Sorry if I sound irratated, I am extremely pissed off by myself.
Although I am a lousy trader, but from Oct 10 till now, I really did not encounter any real loss except this goddamned POS known as OMG. Wiped out almost all of my profit I got from other stocks. Last year I lost my profit and capital by shorting. This year, I was extremely careful not to short, but lost my profit by catching falling knives.
A REMINDER TO THE THREAD, as I regard everyone here as my friend, DO NOT CATCH FALLING KNIFE UNLESS YOU ABSOLUTELY KNOW WHAT THE HELL YOU ARE DOING!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
I don't care how undervalued OMG is, the point is, I lost my ass on this POS. If it goes to 0 or 100, I don't give a damn. So farking utterly disgusted by this loser! If I use the capital to buy any of my regular stocks, I would have been way better off. Oh the pain....
Bottomline, no falling knives for me anymore, unless I can trade like you Zeev, but well, I know I am not you <g><ng>.
I am out of here. Good luck everyone.