Waited an hour and not a peep!!!
GOSH!! I GUESS THERE IS NO COMPANY SPECIFIC NEWS THAT CAUSED THE VOLUME SELL OFF TODAY!
Just another case of irrational lemmings running herd like over the cliff. Why should I have lowered spirits? I am not losing a dime, because I am a buyer as always. Explain to me why the whiners and ankle biters who don't have any faith in the company, future, or management, sit there and let their stock go lower and lower. No proactive averaging down which is just basic money management. If one has no faith in the company, it is the height of insanity to just sit there, bash the company, and then say I am hoping for a 400% increase soon so I can get even, and that is to be delivered by the management team I am constantly insulting, is also amazingly stupid!!!
In simple math: Buy 1000 shares @$1.00. Invested $1,000.00. Stock drops to $0.33, buy another 3000 shares for an additional $1,000.00. Now when it returns just to where I bought it at $1.00 I can sell my 4000 shares and I have doubled my money!!! Can't believe that is too difficult for even the biggest simpleton here!!! Instead it is OMG, OMG, maybe some day after many years I will break even!!!! YEA!!!! Cm'mon man! That is funny!!!
Now if you have no faith, and the fundamentals are bad, you just sell your 1000 shares, capture your tax loss, and move on to a place where you DD and judgement directs you.
To sit and whine, sit and complain, sit and moan, sit and cry, sit and hurl insults, sit and sit and sit, and do nothing is puzzling but entertaining to watch in a perverse sort of way. It is also very useful as a tool to teach your children and grand children about people and investments. Remember the old story I posted a couple of years ago, about the lion and the thorn...perfect example of some posters here. No clue, no DD, only the pain brought on by inaction, and ignorance. FISH OR CUT BAIT TIME IS HERE AGAIN....NO BRAINER TO BUY AT THIS LEVEL AND LOWER NEXT WEEK!!
