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Re: risk on post# 27863

Tuesday, 05/10/2011 2:25:17 AM

Tuesday, May 10, 2011 2:25:17 AM

Post# of 101798
You should never be too smug when investing in ANY stock.

I was in this early....rode it for a bit then sold d/t being dissatisfied with the IR hoopla. It appears now that things are on the right track and I have since bought back in, in the upper teens. A small window to have been out and something I would do again if things don't seem quite right to me. Funny thing is, is that 9 times out of 10 when you sell due to a 'bad feeling' it usually turns out to be the right move. It just so happens that this was that 'one' time that it wasn't. Nonetheless, I will continue to stick to the percentages....as they will usually work out in my favor.

That being said, IMO it should never be preached to hold shares 'no matter what'. There have been many a dollar lost by die hard long hopefuls who were too stubborn to sell.....ever. SNEY, like any other stock that has a nice run, will have its pullbacks and flippers/traders will have their chance to pocket some coin....or add more shares....while die-hard longs sit and watch the fluctuations. We have not reached that point yet, but be assured....we will eventually.....and I'll be there.

Good traders are (obviously) not 100% with their trades.....but do turn out to be right a majority of the time. That ends up putting them ahead of most........especially complacent longs. You would be wise not to underestimate their potential for success.

Looking forward to some huge runs here with SNEY.........but also know that nothing goes straight up. Though that should not be 'news' to anyone here. .......rule

If we lose freedom here, there's no place to escape to...this is the last stand on earth. (America)

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