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Re: DoughDiligence post# 217

Thursday, 10/18/2012 2:18:18 AM

Thursday, October 18, 2012 2:18:18 AM

Post# of 3678
Point taken, but unfortunately in my enthusiasm for this company, I bought at .20, so I had lots of patience from .20 to .16, less from .15 to .13 and just plain ran out at .12. I lost nearly half the money I spent on this stock, I had to draw the line somewhere. On hindsight, I should have waited for a pullback.

Not the first mistake I've made and probably won't be the last. I don't bet the farm and any single stock and money management is an important part of my investment / trading strategy.

Like I said though, I will watch and see where it goes from here. Since I still believe this company has potential, I have no problem jumping back in if it levels out somewhere and I can see accumulation going on.

EV - GLTY
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