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Re: StockHobit post# 45856

Tuesday, 10/11/2011 12:08:03 PM

Tuesday, October 11, 2011 12:08:03 PM

Post# of 101798
No one said I was a savvy trader. I let my portfolio managers manage my real stuff. I just dabble in a few areas like mining, oil & gas, and some hi-tech areas. On the whole I find it fun, especially in who I meet and what I learn. From the first, I have always said unless you are prepared to lose big you have no reason to be playing in the pennies. As a living, I run my own company and have no shareholders and do not have to worry about anything other than to do what I do. And no one said I lost $75,000. I said I was down that, but that was before I saw the price drop today. It is considerably more now. But again being down as nothing. As Risk always says, you haven't lost or made money until you sell it. I have stock in a company in which I bought one million shares. It got reversed twice and now it is a fine whopping 182 shares with a total value of 32 cents, up from 27 cents yesterday. I hate seeing it in my trading portfolio, but I don't want to spend the $7.00 commission to make it go away. LOL. Nothing savvy about me, except I did learn to do my DD. And SNEY is a good company that has a better than 50/50 chance of success. If I lose my investment which is in the mid 6 figures now, I'll let you know. If I make money, I won't crow, but I will be willing to go to dinner with my rowdy long gritty friends anytime they want.

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