BB's Stock Haven

[explorer186]

I've made many big mistakes that make me ask myself from time to time: Why did I do that? Or make exclaim: I can't believe I did that! But the lessons I've learned from those mistakes are priceless.

One of the mistakes that sticks out was filling a large percentage of my portfolio with WHLI shares (previously WNHL @ 0.0001) before its last reverse split. When I saw the chart had once hit 40 cents, I thought the stock was a golden opportunity. Plus, who can refuse the symbol? Right? Little did I know that reverse splits were so commonplace and they weren't reflected on charts.

Another thing that comes to mind is wasting profits on stocks priced 0.0003 and under. Man I did that more times than I care to admit.

I know you already know most of what is in this post; just wrote them in case a newbie happens to catch it. There is more lessons no doubt. My plea to everyone is stay away from dilutive crap: check the filings and history: check the company’s cash balance, net income, net cash flow, current assets vs. current liabilities, and total assets vs. total liabilities: http://www.allstocks.com/stockmessageboard/ubb/ultimatebb.php/ubb/get_topic/f/12/t/001764/p/1.html#0...