Friday, July 29, 2005 10:36:16 PM
Don't agree 100% with you on this one. If I'm looking to buy the second house in that neighborhood and see the house before sold for 50% less (or 3% or 5%...whatever) then I'm looking to get that same deal regardless of the circumstances.
I think no one comes in and buys at the original asking price - they come and buy at some price between the neighborhood price and the reduced 50% price - hence the neighbors loses just a little bit.
Sure, you hope if you buy a stock at $10 and it goes to $7 if you hold long enough that it goes back to $10.
All I was saying was that if you bought HISC at 0.10 and had a stop at 0.09 you could have rebought at 0.07 or 0.075 today and not just be holding hoping for 0.10 to come around again.
Like I said I like the stock and I am long - but will not marry the stock - I will take some profits as it rises and will have a stop in for days like today so that it can be rebought much cheaper.
Congrats to those who bought in cheaper today - nice trading!
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