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Re: Stock Trooper post# 17573

Saturday, 02/05/2011 9:54:54 PM

Saturday, February 05, 2011 9:54:54 PM

Post# of 142783
My advice, FWIW. Be quick, very, very quick, to take profits and cut losses. Most pink penny investors lose it all by by:

A) Not taking a 50% gain, but waiting for a 100% gain and then waiting some more for a 200% gain, and then waiting some more for a 500% gain ... and eventually, sometimes in a matter of hours, it collapses back to zilch.

B) Not taking a 20% losss, which then becomes a 50% loss, which then becomes an 80% loss ... at which time they are willing to lose it all rather than accepting the "indignity' of grabbing what little remains and reinvesting somewhere else.

"Libenter homines id quod volunt credunt"