Friday, June 01, 2012 12:58:55 AM
If I may... I've been there. However, I didn't have to worry about the tears from my spouse though.
My advice to you is, don't let today get you down. It was a bad day for ICPA. Seeing red in your account sucks but, ICPA is getting ready to bounce, imo. Keep a close eye on it. Maybe even set a GTC order for .045 in hopes that it will bounce there but, don't count on it in the short term. Don't be afraid to lower your sell if it get's close and just take the loss. I think .04 is a nice target.
If you take a small loss and recover most of your savings, let this be a lesson to you... NEVER, EVER, dump your life savings into any stock. Penny, BB, NYSE, or NASDAQ. DON'T DO IT!!!!
You don't call it your life savings for nothing.
You really bought in too high. Too late into the run. After today's close your probably down about 50% so, your significant other has every right to be upset with you. Sorry but, she does. Don't leave her alone to deal with this. Have you admitted to her that you were wrong? That may help, just sayin'.
In any case, I think you have a very good chance at recouping all or at least most of your losses but, it won't happen tomorrow. If you get the chance to regain most of your loss and you don't take it, you're a fool.(NO PERSONAL ATTACK)
After this experience, I bet you'll be a little more wiser.
I really wish you the best of luck. Just use your head next time.
I think you'll make most of it back, just don't EVER pull this shit again. I bet you've already heard that, lol.
EDIT... I'm not here to blow smoke up your ass and tell you that ICPA is going to the moon, I'm gonna tell you like it is.
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