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RAND

03/24/17 10:12 AM

#35336 RE: PENNIEStoSTACKS #35335

good post G UP

havnagoodtime

03/24/17 1:28 PM

#35346 RE: PENNIEStoSTACKS #35335

Your point is well taken. "It's business, not personal." However, depending on what a particular company is selling, I won't buy into it. Rap music isn't on that list. Btw, I've been trading long enough to know that we here in the land of pink sheets are gamblers, and we LOVE the action here. Sometimes we win the gamble, sometimes not.

My own personal "kick me in the ass" story >>>

In 2002 I bought $10,000 worth of AAPL...paid $1.09 = approx. 9000 shares. Do I need to go on? -- I will. LOL.

Although I was confident I would make money on that buy, I had no long vision as to how valuable those shares would be someday. And that was a lot of money for me and my family back then. To prevent my wife from divorcing me for gambling our money on "some stupid stock" -- I flipped them to net about $1500.

And then came the 2 for 1 and the 7 for 1 splits. YEESH >> the splits would have turned my 9K shares into 126K shares. Needless to say, that flip for $1500 was the worst ever for me, even considering I made a profit. But if I had only held on until recently...yeah...do the math...all those zeros.

Back to EGOH. It is NOT AAPL from back in the day. But who the hell knows where this could end up? I don't. And that's why I'm holding.