Replies to post #88589 on OWC Pharmaceutical Research Corp (OWCP)

[Moonbound]

Your post reminds me of a CNBC analyst who was talking about people timing the market.

The first thing I noticed was that sometimes people CAN and DO get the perfect timing for a trade. The problem is it lulls you into a FALSE sense of security. The analyst also mentioned something that I didn't 100% understand, but basically the speed of an upside spine can't be timed and therefore, it goes up so fast you missed the trade. The Grand chase ensues and you end up buying less shares.

My logic is this, and buy under the $2 is a win. If you have the guts to hold and not sell even when there's great temptation, then you won already.

It's not easy looking at the stock everyday and not being an instant millionaire. Let's just practice patience. The other interesting tidbit was the analyst inferred that if you wait you get the reward. I guess you can insert a Buffet comment here about patience but I'm lazy.

Have a great Sunday and let's have a Green week!

Moonbound

[stockfan100]

That is exactly what I always say! Why spending so much time and energy to risk missing a great bargain opportunity just because we want to buy 5 or even 10 cents cheaper when Cream sale news could be announced any day and we can see the price in dollars? I call it GREED!

The caution should not be in the small dips it should be in not having shares on the increases you won't be in!