Tuesday, February 01, 2011 1:24:46 PM
Don't get me wrong I was thrilled to walk away green on the last run since I missed out the one before it but sincerely feel bad for those who took the hits.
If this was a momo play for you then the key is to get the he!! out once it starts retracing. If you firmly believe in their long term plan then hold, simple as that.
I am not a firm believer in the averaging down deal as more times than not it just gets me deeper in the red. I have learned to use those funds and place them on other stocks that I believe have a chance of moving up. Doesn't always go my way but such is life.
I hate to say it but unless the company has a surprise up their sleeves, this is going back to no-bid.
GLTA
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