Thursday, October 18, 2012 11:19:47 AM
'money management is an important part of my investment / trading strategy'
This is a suckers market for stocks with hot news. The US politics has yet to be determined. The US Congress is divided and in gridlock about how the future budget cuts will be made. Stocks rising on news and no earnings will usually fall back. I agree you should have waited for a pullback.
However, VSUL will be back up again. I fear that you might say - 'In hindsight's hindsight, I should have waited to sell my shares on the next news release.'
I invested in VSUL in April - so I have been watching it awhile. The CEO was buying big blocks at 10 cents before in August. Now, industrial companies have seen the technology. Things look better now than when I first bought - yet the stock is slightly cheaper. I may be buying more if I am not buying more DSNY.
This is a suckers market for stocks with hot news. The US politics has yet to be determined. The US Congress is divided and in gridlock about how the future budget cuts will be made. Stocks rising on news and no earnings will usually fall back. I agree you should have waited for a pullback.
However, VSUL will be back up again. I fear that you might say - 'In hindsight's hindsight, I should have waited to sell my shares on the next news release.'
I invested in VSUL in April - so I have been watching it awhile. The CEO was buying big blocks at 10 cents before in August. Now, industrial companies have seen the technology. Things look better now than when I first bought - yet the stock is slightly cheaper. I may be buying more if I am not buying more DSNY.
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