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Re: uptrend75 post# 2287

Sunday, 01/30/2011 3:42:33 PM

Sunday, January 30, 2011 3:42:33 PM

Post# of 3152
Yes, I am staying with ADSY, although I may trade just enough to pay some bills or recover my core investment. I recently was up big on a penny stock and tried to be a long. The pps dropped off very sharply and I missed out on a much needed payday. I could have woundup with the same share count and a nice profit if i had flipped and bought back in at the bottom again.
Looking back my mindset was that it was vital not to get out before the really big move up. So My timing has been bad. I guess I am still ok as she is moving steadily higher.
I think Cramer said that you should decide if your play is a trade or an investment. I want to play ADSY as an investment, but i have practical needs and may need to flip and buy back or whatever but plan to hang inin a long term sense.
I wrote to Mr. Heil and will report when i have anything.

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