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nopancakemix

04/29/14 2:24 PM

#16953 RE: Chief Slapaho #16950

DrMerlot Keep This In Mind
I can totally appreciate your risk aversion but keep in mind that good investors buy when there's blood in the street. I can't tell you how many times I've seen this before with @APL. Since 2003 the stock went from 20 to 86 then back down to 47 then up to 125 and back to 64 then up to 200 and back to 78 then up to 364 and back to 163 then up to 720 and back to 383.

During all those pullbacks diehard @APL longs sold out only to later complain about being duped out of their holdings.

Obviously these penny stocks are a different beast and there is a far greater risk of companies being shut down. That is why I only recommend trading or investing in these MJ stocks with discretionary capital that you can afford to lose.