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Re: pennylandspirit post# 44157

Friday, 05/11/2012 2:00:45 AM

Friday, May 11, 2012 2:00:45 AM

Post# of 232509
pennyland: Please do yourself a favor and copy and paste posts # 44150, 44152, 44157, and 44168 into a doc. so they can be printed and mounted on a card and kept near your computer monitor. Read them every time you sit down to trade (or invest). Hopefully, what you read will prevent you from getting into this kind of situation again. It appears you made the penny player mistake of putting too many eggs in one basket. Lucky for you that basket is KMAG, which will get back to 0.02 someday, although maybe not as fast as some would like. 9 out of 10 other pennies would not be so kind. Please be careful in the future.
NOTE: I am also deep in the red on this stock. But I only put 1/5 of my funds into it. That RULE has saved me (and many others) from getting in your type of situation. You are welcome to use the golden RULE yourself any time.