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Wednesday, July 11, 2012 4:34:02 PM
"As I have mentioned to the rookie, sell and move on before it's a loss. Classic sign a pump is over..I have put some posts that could be taken as negative towards BBDA. 4 days ago there would have been 7 different pumpers tearing to shreds with weightless claims anything I wrote. Today..nothing but agreement. The pump is over and now comes the tank. Sell now and move on. And the absolute very best advise that can be given about pinks..they are plays, NOT investments. Never hold a pink thinking its a "long". It's a play and that only."
Actually, that's pretty good advice. And I am not necessarily in full agreement or disagreement . . . .
DOESN'T IT BOIL DOWN TO THIS QUESTION: "How long is long?"
3 hours? 3 days? 3 weeks? 3 months? 3 quarters? 3 whole freakin' years?
REALLY! Important question, how long is too long to hold a pinkie play ? Or, how long is long enough?
Isn't that the really hard question?
Respectfully,
MPEETS
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