Thursday, October 13, 2011 11:48:15 AM
I had a nice profit in March but I let it go because it went down. I never research companies because I only intended to hold the stock for a week or two. I decided to do some research on this company.
This board was very helpful in getting me to look at different angles of this company. I even questioned the licensed artists, so I decided to email them.
After understanding what I was invested in, I decided to average down my position. If this stock goes up a small few pennies, I'll do well with this investment. If somehow contractual obligations aren't met between FBCD and SRAD then I will take a loss which I can afford.
Take some time to look into what this company has it going for them. Start thinking about the different angles in their business plan. Hopefully you will see yourself as an investor and not a bagholder.
Be leary of these new posters cheerleading the stock. I really question if they have done the research that some of us have. I believe these people are looking to flip this stock and you won't hear from them again.
There are a few silent ones here that are invested. Many of us are looking for the long term payoff. Hopefully it will come one day.
Good luck to you and we welcome all your questions for it provides an interesting exchange of dialog on this board.
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