Friday, December 02, 2011 12:12:55 PM
need to lower my position in my margin account and ensure i have cash for when this drops over the next month. i will accept the losses as i believe i can make them up.
my other account i am still holding all of my FIO at quite a big loss but unless i can catch a good time to sell with confidence to buy back cheaper, those are just going to be held (avg price on those is 39.xx) and due to the type of account it is i cannot add any more funds until next year.
on a lighter note, added some money to my penny account so that should be in next week. looking at adding to PSPW, APII or starting a position in KNBA.
any advice is appreciated on potential sell targets, strategies or OTC considerations.
on a good note, seems as if eurozone is finally starting to realize that they don't want the weight of the economic world on them if they cause the next global recession. as i think we will see a much worse global recession within 5-10 years (as compared to the last one)
truth hurts.
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