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JohnnyCashingIn

05/21/15 9:15 PM

#2257 RE: iambillionaire #2253

Don't worry bud. This will climb back up. May be as soon as tomorrow. CEO Babcocks audio pretty much says it all.

Tbone88

05/21/15 9:55 PM

#2259 RE: iambillionaire #2253

I'm down 62k. Don't feel bad. I wanna throw up. 50k shares

nypete

05/22/15 12:01 AM

#2271 RE: iambillionaire #2253

What you do is not buy after a 85 percent run up. Remember stocks are trading vehicles and there are plenty of investors and traders who are happy to sell you their 2 dollar stock at 2.5 or 3 or 3.5.
WAIT and see what happens. Then buy -even if you must some stock at 3.7 but a fraction of what you plan to buy then average in. You want stock at a discount. Example. I plan to add ISR into my portfolio. I want it to be 5% of my total. My portfolio is 100,000.
5% equals 5000. Stock is at 3.7 I can't wait (even though you should because it already ran up 85%). So you buy 10% at 3.7.
Then you see the stock come in you buy 20% at the close say 2.20.
Then you wait another day or more because you have no idea where the stock will settle. When it establishes a base or news comes out and the stock rebounds you add another 30% or not depending.Let's say the company refutes a negative news story and the stock rebounds on the open you buy the 30% as I stated. You have 40 % to go. Best to wait for a few days or weeks to add the remaining 40%.And that you can do in pieces. By buying in increments you avoid that sick feeling of a large loss that frequently happens when you DO NOT THINK and plan rationally. So you bought 5000 at 3.7 that's 18,500. And at 2 you are down 8500 and are ready to sell at 3 for a 2 or 4 day loss at 3500 with the sinking feeling of how stupid you feel. Based on what- being undisciplined and emotional.\
Stop and think before you hit the buy and sell buttons.
Then you would not have to write "Don't know what I am going to do.. Disturbed badly."
If you want to make money in any market --STOP,THINK AND PLAN.

I hope this helps. And I am only writing this because I have been there many years ago.