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Re: shell3 post# 9509

Friday, 03/21/2014 1:05:59 PM

Friday, March 21, 2014 1:05:59 PM

Post# of 21822
I appreciate your post. Thanks for the welcome.

But the "hell no it won't happen" is the reason I felt compelled to come here and shake things up a bit.

You can look at my posts from my recent experience with ELTP. I was sure that was a solid stock. I was a pumper. I even called a short out, saying he was naive to be shorting. Over the next three days, ELTP lost almost 50%. I made $18k, but I left about $32k on the table.

And yes, every stock is different, but any stock can crash.

Lesson learned. You can fall in love with a stock, but don't ever for a second think it will remain faithful to you. There are plenty of zealously faithful longs in the investment world who lost it all at some point. It really doesn't mean a thing.

I also believe that when investors become way too optimistic, that's when it gets dangerous. Too many times now I've seen a stock get pushed up on nothing but word of mouth only to fall hard when there is nothing else there to support it. I want news. I want good earnings reports. That will bring the true strong long investors in.

That's just my opinion, of course, and I really didn't expect it to be accepted on this board.

So am I long? I don't know yet. I want to be, which is why I'd like to see a nice stable climb until we hopefully get a really good earnings report.
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