Replies to post #31315 on Baristas Coffee Company, Inc. (BCCI)

[GoCowboys]

Good post - everyone needs to develop a "trading strategy". This is not an investment stock, it is a trading stock. Take profits often as pigs get slaughtered. Cut your losses with stops so you live to trade another day. I got in as I saw a good momentum play and then liked some of the DD I was doing on the stock, so stayed through the run only to watch my profits turn into a loss. That is a no-no. As the volume dried up and the pps drifted south, I tightened my stop to get out with a small loss. I will keep watching this stock as it's a real story - there's stores and employees and sales and a catchy concept. If the opportunity to catch another run presents itself, I'm in. But you are right - we all need to accept responsibility for our trades. We can listen to HSA, but it should be just another data point - the decisions are ours. GLTY