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Re: shawley post# 11051

Wednesday, 02/22/2012 1:20:42 PM

Wednesday, February 22, 2012 1:20:42 PM

Post# of 21092
Guys, investing in stock is about making money...it seems some in here invest for some ego trip, and hold a position for years and years, while the price goes up and down endlessly.
While the "romantics" hold the position for years, others who buy and sell at least occasionaly, HAVE ALREADY made thousands of dollars in this and other stocks.

For those who bought, for example, at 2$, then sold at 5, then bought up more at 4, sold ad 4.5, and maybe are buying some more now, have made a lot more that some "holders" probably will ever see.

My point is, even if Ray is the best man in the oil business, if there's oil, if a new drill will result positive, or if the company sells for double its stock price, holding a position FOREVER is rarely the best strategy. The majority in here would have benefited already if we would have sold when price was high, and if we trust the company, buy again at this low point. Instead of seeing the SP fluctuate for months and years and earning nothing in the process.
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Total Trades:
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