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Koog

04/07/16 9:27 PM

#3439 RE: Meh2 #3438

What I'm saying is that anything is better than just sitting and passively watching the losses grow.


There is a concept of cutting your losses.
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janice shell

04/07/16 9:28 PM

#3440 RE: Meh2 #3438

Usually, the best policy is simply to cut losses as quickly as possible. Deal with it and move on.

Or you could end up losing even more.

I once followed a stock in which one shareholder averaged down 32 times… And it still ended up at 0.0001.
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TenKay

04/08/16 1:06 AM

#3442 RE: Meh2 #3438

This isn't better than preserving some capital

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OB_WEALTH_INC

04/08/16 8:14 AM

#3445 RE: Meh2 #3438

YAH MAN, don't take losses brother..average down...all the way to 0.0001 imo
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stervc

04/08/16 9:30 AM

#3446 RE: Meh2 #3438

Meh2, here with NVNT...

We all have our investment/trading strategies that works well for each other or not here with NVNT or any other stock. Read these thoughts below for an idea of having some kind of an entry and/or exist strategy that might help or maybe not; only my opinion from my experiences:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=39092516

Within the penny stock world... you will win some and you will lose some. It simply comes with the territory. Here with NVNT the potential is too huge for me to sell and move on. I will simply quietly sit and hope for the best, but plan for the worst. I still have not been able to reach anyone "directly" from the company. After reading through the filing below, I still believe that the company has far too much potential with its technology to continue sitting here laying dormant as there is too much ownership from deals structured to let this just go to waste IMHO:
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=6554788

I will continue waiting and hoping, but I would never all my eggs in one basket. I would recommend to always diversify to have some way of levering your risk. All investors need is a pulse to show that the company is actually alive.

v/r
Sterling