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Re: bayarea post# 22393

Sunday, 06/12/2011 9:54:10 AM

Sunday, June 12, 2011 9:54:10 AM

Post# of 38410
The trading giants dont give up a loosing position in hopes that it will go down so they can buy. They also do not overextend themselves and reload up on a stock that has no research to back it up that it will go up for long. They hold their position for the long haul and if their research tells them to they sell at a loss. I am not ready to sell or add at this point, if I want to add in the 3s I will just do it when/if it gets there again. My decision however will be made up in 30 days. My investment "club" and myself all hold stock here. As this stock is my pick I will advise them on what to do and I sure as heck dont want to be so jejune as to bring dollar cost averaging to the table.