Hopefully you learned a lesson. Start out small and make sure you save some money for averaging down. Sometimes you may get lucky by loading the boat all at one time, but as for myself I have much better luck trying to pick the bottom and if I miss it then buy more on the way down. If I have too many doubts about the stock then I just sell and move on to the next one. Also dont kid yourself on the big boards. Have had a lot of my friends that have also lost their butt on the big board stocks.
Tan, I drink ice tea and am patient even if it takes weeks,months or years. I have several friends that have held CDCH for 7-10 years and they told me about it recently and I hope to benefit even though I have not held for the amount of time they have held. Patience really does pay off. My exit point long term may be three years. I am ok with that. I may sell some SPRL short term down the road but it would only be a small portion. I see too much potential. Many don't see a stocks potential because they have not done the DD that is necessary and some watch the price daily and expect things to move at their insistence. Hope you and all have a great day. Brent
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